At the NAAA Convention in Boston, the National Independent Automobile Dealers Association awarded its 2014 Auto Auction of the Year honors to Dealers Auto Auction of Huntsville, Ala. The award, which began back in 2008, is designed to highlight an NAAA member showing the highest level of customer service and resources for NIADA dealers, while also […] [Read More]

Ron Smith, chief executive officer of S&A Cherokee and Publisher Emeritus of Auto Remarketing, earned the National Auto Auction Association 2014 Marie Hingst Exhibitor of the Year Award during the 66th Annual NAAA Convention & Exposition in Boston this week. Smith has long been a highly visible fixture in the remarketing industry as publisher of […] [Read More]

KCI Kansas City’s 5th Annual Guitars and Cars Sale brought over 1,000 buyers to the two-day sale for record-breaking results at the end of August. With more than 2,000 vehicles crossing the block, the auction successfully sold 58 percent of its consignment during the event. According to Doug Doll, the auction’s co-owner, the only thing […] [Read More]

With the National Auto Auction Association’s annual conference about to start, Manheim highlighted the success of its fast-growing mobile auction network, which is now available in more than 10 states and expanding soon into Canada. Even though the network has been operating for more than 10 years, Manheim highlighted dealers are still discovering this solution […] [Read More]

As we enter the fall market, auction prices are continuing to weaken. According to NADA AuctionNet data, prices are expected to drop by 0.7 percent or $100 this week. That’s after cars dropped by an average of $66 and the trucks fell by $45 last week, according to Black Book data. All the segments NADA […] [Read More]

When you walk the halls and auction space at Manheim North Carolina, it doesn’t take long before Ellie Johnson shares a kind “hello” or “good morning” with her customers, employees or colleagues. And then another and another. The general manager of this Kenly, N.C., auction has grown up here — both in the geographic and […] [Read More]

Taking a look at last week’s auction price movement, Black Books editorial director Ricky Beggs said it is evident the industry is “fully engaged in the beginning of the fall market.” We have now officially begun the season, and the signs are showing in the lanes. Beggs pointed out in his latest “Beggs on the […] [Read More]

Brasher’s Portland Auto Auction has announced the addition of Nissan and Infiniti Remarketing Services. The Nissan-based consignor will take part in its first sale with Brasher’s on Oct. 16. Jerry Hinton, the auction’s general manager, noted that Brasher’s will host monthly sales events for Nissan and Infiniti Remarketing. “At Brasher’s Portland Auto Auction, Nissan and […] [Read More]

Leasing levels dropped significantly during the recession, and though rates have ramped back up as of late, so has the number of long-term auto loans. This trend has many dealers worried about lengthening sales cycles, and it turns out, the trend might prove to be detrimental to consumers — a recent study from Donlen shows after 36 […] [Read More]

ServNet has added Winchester Auto Auction in Bunker Hill, W. Va. to its list of members. The auction has been owned by the Angelicchio family, also owners of Pittsburgh Auto Auction, since early 2014. Patty Stanley, ServNet’s president, believes the auctions ownership and ideal location will make it an ideal fit into ServNet’s auction family. “The Winchester […] [Read More]