We Help Dealers, a jack-of-all-trades dealership service provider, is adding another trade — wholesale vehicle acquisition — to its offerings. The company has launched a comprehensive inventory sourcing service, designed to boost dealer efficiency and productivity by handling the necessary research, based on individual dealer preferences. We Help Dealers, founded and owned by auto industry […] [Read More]

Reconditioning operations is one of Manheim’s fastest-growing areas, and its parent company Cox Automotive is working to keep up, announcing plans to open its fifth auto tech training center this year. The new center, to be located in Chicago, joins the four current training centers at Manheim locations in Southern California, Central Florida, New Jersey […] [Read More]

Plug, an online wholesale auction that facilitates electric vehicle buying and selling, is looking to add more buying dealers to its platform and has hired a former Carmigo, A2Z Sync and ACV executive to lead that charge. On Thursday, the company announced that Susan O’Rourke is now its vice president of sales and business development. […] [Read More]

Fueled in part by strengthening values of compact cars and a Tesla Cybertruck hitting the wholesale market, “February concluded with robust performance,” Black Book said in its latest weekly report. Analysts reinforced their assertion because overall depreciation was just 0.16% during the week that included Leap Day and the first two days of March. Black […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 in Las Vegas last month is a conversation with two executives leading the North American marketplaces at OPENLANE: senior vice president Shiv Dutt, who is also the president of the company’s US marketplace; and SVP Trevor Henderson, who is president of […] [Read More]

Auto auction veteran John Tharp has joined Carmigo as its new vice president of sales. Tharp comes to the online marketplace and wholesale platform for dealerships with more than 35 years of experience in the auto industry, most recently as general sales manager of America’s Auto Auction-Baton Rouge. He previously served as national program manager […] [Read More]

AutoIMS vice president of client success Ann Cammarata plans to retire effective April 1, the company announced. Cammarata has had a “notable” impact on the company and the remarketing industry during her eight years on staff, AutoIMS said in a news release, adding, “Her leadership has been instrumental in driving AutoIMS’s growth and success.” She […] [Read More]

Many colleges and universities might be on spring break this week, but the National Auto Auction Association is still thinking about academics. The organization reminded the wholesale industry that the NAAA Warren Young, Sr. Scholastic Foundation has opened its scholarship application for the 2024-2025 academic year. NAAA said applications will be accepted until March 28. […] [Read More]

CarGurus has gone all in on CarOffer, closing its deal to take over 100% ownership of the digital wholesale platform in December. But, the company said in its fourth-quarter 2023 earnings call, getting a return on that investment is going to take time. CarGurus’ digital wholesale operation recorded ... [Read More]

Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 earlier this month in Las Vegas is a conversation with Derek Hansen, vice president of operations, inventory and management solutions at Cox Automotive. Listen to full conversation in the window below and stay tuned for more from NADA Show 2024. [Read More]