Manheim Pennsylvania’s Xtreme Spring Sale raises $82,000 for local nonprofit
Tuesday, Mar. 31, 2026, 02:32 PM
DOJ suing California towing company for auctioning vehicles owned by servicemembers
Tuesday, Mar. 31, 2026, 02:31 PM
Risk Theory rolls out coverage to protect dealers during transportation
Friday, Mar. 27, 2026, 02:31 PM
Wholesale
Dealer Groups’ Used-Car Initiatives May Actually Boost KAR
Thursday, Aug. 14, 2014, 04:48 PM
Sarah Rubenoff, Staff Writer
With over 200,000 off-lease vehicles set to hit the remarketing channels this year, KAR Auction Services has much to look forward to, both in its online and physical auction channels — an environment company management said is “full of opportunity” during the company’s presentation at the J.P. Morgan 2014 Auto Conference. But others in the […] [Read More]
FLD Appoints Director of Business Development
Wednesday, Aug. 13, 2014, 08:35 PM
Auto Remarketing Staff
On Wednesday, FLD Inc. announced a director of business development for its central region, appointing Damian Entrican to the position. Entrican’s experience in the auto business goes back more than 15 years, including his post as sales manager at Insurance Auto Auctions, his most recent before joining FLD. He is also a member of the NAFA Fleet Management […] [Read More]
ADESA Auctions Aid Fight Against Juvenile Diabetes
Wednesday, Aug. 13, 2014, 08:29 PM
Auto Remarketing Staff
ADESA announced this week that is has raised $157,856 via several of its auction locations to donate to JDRF. Formerly known as the Juvenile Diabetes Research Foundation, JDRF is a non-profit charitable organization dedicated to eradicating juvenile diabetes while leading the funding for type 1 diabetes research. Auctions in five different locations worked with Ford’s […] [Read More]
Manheim Enters Brazil with New Acquisition
Tuesday, Aug. 12, 2014, 08:19 PM
Auto Remarketing Staff
As part of its long-term growth strategy to invest in emerging markets, Manheim announced Tuesday that it has purchased a majority stake in CarBizz, an auction operation based in Sao Paulo, Brazil. The company highlighted this investment in Brazil — what executives consider to have one of the fastest growing automotive markets — supports Manheim’s […] [Read More]
Preview of Feature on IARA Remarketing Roundtable
Tuesday, Aug. 12, 2014, 08:10 PM
Nick Zulovich, Staff Writer
It’s not uncommon for conference attendees to make travel plans for their arrival and departure to be scheduled as close to the event’s start and finish as possible. Tony Long, executive director of the International Automotive Remarketers Alliance, suggests that executives and managers from auctions, consignors, finance companies and dealerships use a different approach for […] [Read More]
Auction News Roundup: Charities & Giveaways Abound
Monday, Aug. 11, 2014, 08:45 PM
Auto Remarketing Staff
The Charleston Auto Auction presented the Berkeley County Habitat for Humanity with a $5,000 check on Aug. 1 along with a commitment to assist in building a house. The check was given in the company of 500 dealers present prior to the start of the business’ weekly Friday auction. Laura Taylor, the general manager of […] [Read More]
Truck Prices Consistent in Lanes
Monday, Aug. 11, 2014, 07:56 PM
Auto Remarketing Staff
Trucks have held strong price retention throughout 2014, and Black Book’s Ricky Beggs says overall consistency remains a pattern in segment price trends. In the Black Book editorial director’s latest “Beggs on the Used Car Market” video, he reports that last week the prices for trucks fell by an average of $49, or 0.31 percent, […] [Read More]
Hallett Hints More KAR Acquisitions Could Be Ahead
Friday, Aug. 8, 2014, 07:49 PM
Nick Zulovich, Staff Writer
KAR Auction Services already shelled out $30 million to acquire a 50-percent stake in online vehicle remarketing system, TradeRev. And investment analysts wondered if KAR is ready to bring out the company checkbook or credit card again to buy the remainder of Toronto-based wholesale solution firm or another company outside of its current portfolio of […] [Read More]
Smaller, Luxury Cars Push Depreciation in July
Thursday, Aug. 7, 2014, 05:53 PM
Sarah Rubenoff, Staff Writer
Wholesale price drops steepened in July, falling by over 1 percent as we head toward fall. According to Black Book data, used-vehicle prices for model-years 2009 through 2013 depreciated by 1.5 percent in July. In comparison, prices in June fell by 1 percent on a monthly basis, according to Black Book. And each of the 24 […] [Read More]
DealersLink Members Gain Direct Access to Fox’s Off-Lease Stream
Wednesday, Aug. 6, 2014, 05:44 PM
Auto Remarketing Staff
DealersLink recently partnered with Fox Rent A Car to offer direct access to off-lease inventory, meaning members of DealersLink can now tap straight into to Fox’s pre-auction inventory streams. Executives also highlighted DealersLink members can receive preferred pricing from Fox Rent A Car. Members also can obtain the most current nationwide inventory list — which is updated hourly […] [Read More]
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