In the August TradeTracker Used Vehicle Market Report, the Honda Civic Sedan ousted the Mazda 3 and notched the top spot as the most-appraised vehicle overall. The Mazda 3 came in at No. 2 for the month. These reports are provided monthly to Auto Remarketing Canada and are a result of Dealertrack Technologies' TradeTracker solution, […] [Read More]

After rising almost every month this year, it seems wholesale prices have slowed their game, as fall is bringing lower rates at auction. The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through August, and shows a decrease of 0.5 percent from July. And the negative price movement was consistent […] [Read More]

Growth is taking place again for one Louisiana auction company, as it announces its second construction phase in as many years. After completing a $1 million facility expansion in late 2012, Louisiana’s 1st  Choice Auto Auction confirmed this week that an additional 4.5 acres are being cleared at the auction site, to keep up with […] [Read More]

While compact pickups and full-size pickups continue to see the strongest price retention at auction, Black Book’s Ricky Beggs highlighted another trend in the lanes that may be reversing. Though entry-level cars showed significant depreciation in August, Beggs — editorial director and senior vice president at Black Book  — explained in his latest “Beggs on […] [Read More]

America’s Auto Auction Greenville, one of the nation’s oldest auto auctions, is marking its 75th anniversary in September and will commemorate this milestone with a celebratory sale next month. Not long after Rawls Auto Auction opened its doors in 1938, this fellow South Carolina facility hosted its debut sale, moving all 42 vehicles that were […] [Read More]

Manheim announced Monday afternoon that it has promoted Tim Van Dam to market vice president for the northeast market. In this role, Van Dam replaces Jerry Tassone, who was named president of Ready Auto Transport. Van Dam will still oversee Manheim Pennsylvania as he takes on this expanded role. He reports to Tim Janego, regional […] [Read More]

ADESA named a new general manager for ADESA Nashville on Monday, appointing the longtime leader of ADESA Memphis to the role. Dan Dietsch, the GM at ADESA Memphis since 2007, moves over to the company’s Nashville location to take on the same position there. Filling Dietsch’s position as GM of ADESA Memphis is Michael Schenks, […] [Read More]

For Tony Long, it’s about building a consensus and offering all parties a chance for input. That’s the vantage point he is taking as the new executive director of the International Automotive Remarketers Alliance, a position he was appointed to in early September. Auto Remarketing caught up with Long at the recent National Auto Auction […] [Read More]

An increased demand for services has Insurance Auto Auctions expanding and relocating one of its facilities in the Midwest. IAA late last week announced the relocation of its Oklahoma City site to a larger facility in the region.  This relocation significantly expands IAA's capacity and fits with the company's strategic vision of growth among key […] [Read More]

The adjustments in trade-in values for cars and trucks in September’s Official Used Car Guide were fairly typical to recent editions, according to the latest Guidelines report from NADA Used Car Guide. However, despite the value decreases being “predominantly mild overall,” a few segments were found to have had a steeper downhill slide. One was […] [Read More]