This week, ADESA Canada is recognizing a milestone with long-time partner Ford. The two companies are celebrating 35 years of partnership. In commenting on the years spent with Ford, ADESA Canada execs cited the OEMs great products and standards as reasons to stop and recognize what has been a beneficial partnership for both parties. [Read More]

Dealers are used to seeing an uptick in auction prices come spring, but this year, prices stayed relatively flat. Why? Kelley Blue Book’s Alec Gutierrez said this flatness can be attributed to “mild fuel prices and increased supply.” In fact, wholesale values increased only 2 percent in the first quarter, said Gutierrez, who is the […] [Read More]

Manheim has announced the promotions of two leaders into key roles, in what the company calls a move to position top talent to drive business strategy within its market operations. Named as market vice president for Manheim’s Florida Market is Mark Ford, while Rich Coutu has been named market vice president for the North Central […] [Read More]

The Westlake Financial Services remarketing department announced its first-quarter top regional auction performers on Tuesday. Executives from Westlake also offered commentary on what makes the following auctions stand out.   The winners are as follows: •    Eastern Region: Sanford Auto Dealer Exchange (Orlando, Fla.) Bill Walters, vice president of remarketing, said that despite being one […] [Read More]

From free barbecue and boxing to legendary rock bands in concert, ServNet auctions are preparing for this summer’s sales. R. Charles Nichols, ServNet president, said: “The summer’s market does not cool down in the ServNet world. In June, July and August, ServNet auctions hold huge events that set the bar for innovation and impact on […] [Read More]

Have plans for mid-November? Join us for the Used Car Week 2013 conferences, scheduled for November 11–15 at the Manchester Grand Hyatt in San Diego. And conference organizers are offering attendees something new this year. Events on tap now include the all new SubPrime Forum. [Read More]

If the latest report from Black Book is any indication, this may be a good chance for dealers to take advantage of falling  prices on entry-level cars.  Black Book’s Ricky Beggs noticed a possible correlation between declining auction prices in this segment and spiking gas prices. In the latest “Beggs on the Used Car Market […] [Read More]

Given the changing landscape in the wholesale industry with the use of multiple online sales platforms, the International Automotive Remarketers Alliance is hoping to level the playing field among consignors and remarketers through a whitepaper that outlines a set of standards for this growing element of the business. [Read More]

With her dream car sitting at a dealership in Michigan, an Alaska resident called for a vehicle inspection by Alliance Inspection Management, which ended up becoming the company’s 60-millionth report. The milestone inspection for AiM was ordered by Kathy Lewis of Anchorage, for a 2010 Chrysler 300 located at Sterling Heights Dodge in Michigan, more than […] [Read More]

In an effort to meet increased demand, KCI Kansas City has started an expansion process that will bring 10 additional acres of pavement to the auction’s campus and double the size of the current lot. What’s more, it will allow for the auction to accommodate 1,300 more consigned vehicles and include an on-site test track. [Read More]