The ServNet Auction group is celebrating the addition of its newest member, DAA Seattle, raising the company’s membership count to 32 as it marks its 25th anniversary year.  Owned and operated by the McConkey Auction Group, DAA Seattle held its grand opening sale on June 25, running six full lanes of dealer-consigned inventory. “We are […] [Read More]

Sanford Auto Dealers Exchange announced this week it has just completed the construction of a new Remarketing Center that officially opened this past June. [Read More]

In any sales environment — dealerships included — some botched leads will leave a salesperson scratching his or her head and pondering: What went wrong? In a recent partnership with Hyundai Auto Canada Corp., Martiz Research tried to solve this very question and more, looking into the concept that just one negative element can ruin […] [Read More]

Many dealers have become used to the mobile marketing mantra, with new developments and studies coming out every day, it seems. Beyond serving as a marketing tool, there are many other roles mobile devices can play in the auto industry. In fact, Tave Della Porta, co-founder and chief executive officer of XLane Holdings Inc., explained […] [Read More]

Following analysts' predictions as used supply continued to tighten this spring and early summer, the updated ADESA Canada Used Vehicle Price Index powered by ALG showed a slight rise in June after being adjusted for seasonality. According to the Index, wholesale prices rose an average of 0.2 percent from May rates. That said, in all […] [Read More]

GE Capital Fleet Services tallied up identified customer cost savings for the first half of the year this week, highlighting the amount hit $191 million. The company indicated the leading area of savings came from program enhancements. By analyzing customer fleet data, GE Capital reiterated that it can find areas for cost savings and increased […] [Read More]

Wholesale industry veteran Tim DeBerry is getting closer to having his lifelong dream of building an auction come to fruition as Mile High Auto Auction is approaching its first sale. Mile High AA will hold sales every Tuesday at noon beginning on Aug. 6 at its newly renovated facilities at 9750 East Costilla Ave. in […] [Read More]

Two new awards will be given out for the first time at this year’s upcoming National Auto Auction Association annual convention. NextGear Capital announced the creation of two new industry awards on Tuesday that are designed to recognize independently owned auctions for their dedication to and support of the industry. They are called the NextGear […] [Read More]

As gas prices have recently jumped by $0.15 to rest at an average of $3.64 per gallon — $0.21 per gallon higher than the year ago level — the environment in the lanes is showing a reaction to increasing fuel rates. Black Book’s Ricky Beggs said increased activity and interest in fuel-efficient cars and smaller […] [Read More]

The National Auto Auction Association recently announced that its Executive Committee, at the recommendation of the Dynamic Leadership Committee, has green-lighted a new instructional organization for the 2014 NAAA Dynamic Leadership Institute. Set to conduct the annual two-day educational program this coming spring is the Ritz-Carlton Hotel Leadership Center. The 2014 event will be held […] [Read More]