Honda Canada Inc. and the Ontario Honda Dealers Association took advantage of the recent Honda Indy Toronto, using the event to fundraise for Make-A-Wish Canada. This year, more than $57,000 was raised for the non-profit during this past race weekend. This marks the fourth straight year of Make-A-Wish fundraising efforts at the Honda Indy Toronto, […] [Read More]

Multi-platform selling has been a hot topic at dealerships and auctions this year, a trend which Liquid Motors responded to with its “multi-launch” wholesale technology, trying to make it easier to list inventory on multiple online marketplaces. Now, the company is responding to  “increased demand” for upstream vehicles from commercial accounts, officials say. In response, […] [Read More]

Enterprise Holdings announced Tuesday that it has a new vice president of remarketing sales and operations for the company’s Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. Named to the position is Nate Lattimer, who succeeds Mike Bystrom. Bystrom has been promoted to a senior executive position within the company. In the […] [Read More]

Enterprise Holdings is looking to streamline its fleet sales with the launch of its Vehicle Sales Mobile (VSM) technology — a new app aimed at giving Enterprise’s more than 400 local account reps a virtual showroom where dealer customers can shop for and purchase vehicles. Officials highlighted the real-time vehicle search tool can provide Enterprise’s […] [Read More]

After falling by 2.1 percent in May, NADA Used Car Guide determined depreciation for used units up to eight model years in age slowed to just 1.1 percent in June, a figure in line with its forecast of 1.3 percent. In the July edition of Guidelines, analysts pointed out that June’s modest decline was substantially […] [Read More]

Prices in the lanes continue to fall as more 2013 models make it into the wholesale market channels, helping to loosen used supply. Black Book’s Ricky Beggs reported that “prices on used vehicles continue their fall” as only 14 percent of all price adjustments last week were increases in value. In the latest edition of […] [Read More]

AutoTec rolled out a new update to AuctionACCESS Mobile on Monday. The solution now can allow dealers to manage and upload any AuctionACCESS document all through their Android or iPhone device. With this new update to AuctionACCESS Mobile, AutoTec suggested document management has never been easier, as dealers can now use their phone’s camera to […] [Read More]

Following the same trend seen this spring, June truck values in the lanes soared over 2012 rates. According to Kelley Blue Book, the average auction value for 1- to 2-year-old mid-size pickups rose 0.3 percent in June from May values. But more significantly, when compared to June 2012, average auction values for used mid-size trucks […] [Read More]

Insurance Auto Auctions is participating in a corporate-wide, fundraising event to support Alex’s Lemonade Stand Foundation (ALSF). During the month of August, IAA plans to sell lemonade at 142 of its 161 North American branches as well as its Chicago-based headquarters to help generate $125,000 toward supporting the organization’s mission of funding research into new […] [Read More]

Just last October, Superstorm Sandy rocked the Eastern Seaboard, and many emergency responders risked their lives to help communities recover and return to normalcy. In appreciation of the work the firefighters of Brooklyn, N.Y., have shown in the wake of the storm, the American Auto Auction Group has donated a 15-passenger van to the Friends […] [Read More]