Organizers of the Dealers Auto Auction of Oklahoma City silver anniversary celebration say plans to give away a “Mystery Car” at the event are creating buzz among dealers. DAA/OKA will hold Round 1 of its 25th anniversary celebration on June 27, where auction customers who have been submitting entries for an entire year will finally […] [Read More]

Overall “softness” for used prices in the lanes continued last week, says Black Book’s Ricky Beggs. But reasons including housing growth and the recent Oklahoma tornadoes may be contributing to truck segment auction prices remaining stronger than their smaller counterparts. The trucks have been holding their value at auction a bit better than cars this […] [Read More]

When Charleston Auto Auction holds its 10th annual Luau/Pig Pickin’ & Car Sale next month, vehicles from Avis Budget Group will be running down the lanes. Auction management highlighted Avis Budget Group intends to send more than 50 vehicles for the Luau Sale. “Look for these late-model, low-mileage, well-maintained units running in the lease/bank lane,”, […] [Read More]

Potentially boosting the supply of off-rental volume down the road, Enterprise Holdings announced on Tuesday that it acquired the business of IGO CarSharing, a non-profit organization serving more than 15,000 members with more than 200 locations in more than 40 neighborhoods. Established in 2002 as a pilot program of the Center for Neighborhood Technology, officials […] [Read More]

As part of its annual Support the Troops campaign and in honor of Memorial Day, Carolina Auto Auction and its dealers have contributed funds throughout the month of May to aid soldiers injured in battle. Dealer support of the project helped CAA raise $5,000 for the Wounded Warrior Project, as part of the auction’s annual […] [Read More]

Used-vehicle prices at auction are continuing their spring decline this month, falling by an average of 1.5 percent during the first few weeks of May. In his latest blog post, NADA Used Car Guide’s Jonathan Banks wrote, “With market fundamentals remaining relatively stable and late-model auction supply only 1 percent higher on a year-to-date basis, […] [Read More]

Remarketing Services of America recently recognized Indiana Auto Auction with its top award for 2012. Indiana Auto Auction is being honored by RSA for the Best Auction Performance in the U.S. in 2012. RSA executives visited the auction during its anniversary sale on April 25 to present the top award to the auction owners Henry […] [Read More]

Brasher’s Idaho Auction is combining boxing, cars and barbecue for its 14th Annual Smoker Sale in Boise. The two-day event, scheduled for June 19-20, will feature two sales, 2,000 cars and trucks, a free barbecue dinner, and a "clash of Titans as local dealers and others members of the automotive industry square off in the […] [Read More]

Manheim said Thursday it has chosen as new vice president and chief people officer to replace Lilicia Bailey, who is retiring from the company. Filling the role is Rock Anderson. The promotion is effective July 1. “Rock has been an important part of Manheim leadership for many years, as a key advisor to the senior […] [Read More]

Manheim Toronto Auto Auction revealed this week it has chosen a new specialty manager who will be responsible for account  management of the facility’s truck, equipment and highline sales for new and existing customers. Tapped for the position is Cindy McCrystal, who has over 20 years of experience in the automotive industry. [Read More]