Black Book announced it has expanded its integration with CarWiser Xchange, a platform and tool designed to give dealers access to consumer cars and enables consumers to receive instant vehicle offers. In a news release, Black Book said CarWiser “champions a new era in vehicle acquisition efficiency and dealer consumer engagement” by connecting consumers with […] [Read More]

IAA, a global digital marketplace connecting vehicle buyers and sellers, has implemented the J.D. Power ChromeData VIN Descriptions (CVD) service in the IAA Interact merchandising platform. The addition of CVD to the platform is designed to give IAA customers access to specific trim-level information for more than 90% of vehicles listed, including Ford and Toyota. […] [Read More]

SYCN Auto Logistics has added Karen Gerba as vice president of relocation division sales and partnerships. Gerba joins the company with more than 30 years in the global mobility industry, specializing in partnership engagements for corporate clients, relocation management firms and global supply chains. “Karen’s exceptional reputation and experience in the relocation space, coupled with […] [Read More]

The latest wholesale market updates from ADESA US Analytical Services and Black Book both mentioned the same new-car market trend potentially influencing what might happen next at auctions. Experts at each firm noted money is being slapped on the hood again to get new models delivered. So, what are consignors and dealers currently doing in […] [Read More]

Black Book has taken a big step toward helping the auto industry navigate an electric future. The provider of vehicle valuations and industry analytics introduced Battery Adjusted Values, which it says are the industry’s first electric vehicle valuations. The valuations incorporate battery condition adjustments based on data from Recurrent, a provider of EV analytics. Using […] [Read More]

Auto transport provider USAL is restructuring its logistics and brokerage business. In a news release, the company said its “newly solidified” team is “poised to serve vertical markets in both commercial and carrier development,” and said the restructuring “signals the company’s growing presence in the vehicle remarketing and brokerage industries.” “Our robust growth over the […] [Read More]

Used-vehicle inventory remains in short supply, which is why vAuto is launching a new product designed to help dealers look beyond traditional channels to source vehicles. Global Search, an enhancement to vAuto’s flagship ProfitTime GPS inventory management system, is designed to make it easier for dealers to find and acquire the right vehicles across numerous […] [Read More]

Retail My Ride, an online network of independent retail consignment dealerships, has launched Bulk Retail Consignment, a program designed to provide select auto dealerships with exclusive access to institutional sellers’ best vehicles. Retail My Ride said it has partnered with a large consignor company to sell its national clients’ late-model cars, trucks and SUVs on […] [Read More]

Copart has added three new members to its senior executive leadership team. The provider of online vehicle auction and remarketing services has brought in David Kang as chief marketing officer, Neel Madhvani as chief product officer and Hessel Verhage as chief operating officer. Stephen Powers, who has served as COO since October 2020, will assume […] [Read More]

While it might be frigid with snow on the ground in much of the U.S., Black Book analysts are already discussing springtime because of auction activity they spotted last week. That activity pushed the estimated average weekly sales rate up to 55%, as Black Book reported wholesale prices softened by just 0.63%, which was in […] [Read More]