Wholesale
ShipCarsNow Names New President
Monday, Feb. 25, 2013, 08:57 AM
Auto Remarketing Staff
ShipCarsNow named a new president who will take on the role effective March 4. Tapped for the position at Union Pacific Railroad’s subsidiary is Marty Coalson, who will succeed Roland Fortner who will be taking a new position within Union Pacific’s marketing and sales group. Coalson has been with Union Pacific for 34 years, most […] [Read More]
Westlake Remarketing Reveals Its 2012 Top Auctions
Monday, Feb. 25, 2013, 08:55 AM
Auto Remarketing Staff
Last week, the Westlake Financial Services Remarketing Department named its top auctions for 2012, with four locations taking home the honors. The honorees are as follows: Rawls Auto Auction (Leesville, S.C.) was named the Eastern Region Auction of the Year; Kansas City Independent Auto Auction (Kansas City, Mo.) takes top honors for the Midwest, and […] [Read More]
New Auction Academy President Announced
Monday, Feb. 25, 2013, 08:54 AM
Auto Remarketing Staff
Auction Academy, which saw industry participation that exceeded first-year expectations, will start its second year off with a new president. Pierre Pons, president and chief executive officer of TPC Management Co., which developed Auction Academy, announced that Richard Curtis will serve as president of the professional education program for the auto auction industry. “The independent […] [Read More]
Hallett Pinpoints Financial Impact to Insurance Auto Auctions in Navigating Sandy Salvage Aftermath
Friday, Feb. 22, 2013, 06:59 AM
Nick Zulovich
On the same day insurance officials came out with revised damage estimates, KAR Auction Services chief executive officer Jim Hallett certainly had the numbers to back up an assertion that Superstorm Sandy was the most catastrophic event in the history of Insurance Auto Auctions. Because of additional equipment and manpower as well as logistical obstacles […] [Read More]
Which Auctions Are Best in Class? Donlen Announces Winners
Friday, Feb. 22, 2013, 06:56 AM
Auto Remarketing Staff
Which vehicle auctions are delivering the highest levels of service? In its annual ranking, Donlen this week announced its 2012 winners for best-in-class vehicle auctions, recognizing its auction partners that have achieved the highest levels of service delivery. Dan Powers, Donlen’s director of remarketing, said, “The partnership we form with the auctions is a vital […] [Read More]
ServNet Organizes Membership Into Tactical Committees
Friday, Feb. 22, 2013, 06:55 AM
Auto Remarketing Staff
ServNet revealed this week it has made a change to its organizational structure. The auction group announced it is dividing its membership into tactical committees, reported Patty Stanley, ServNet's vice president and owner of two ServNet locations: Carolina Auto Auction and Indiana Auto Auction. And the committees are broken up as follows — each owner […] [Read More]
KAR’s Annual Net Income Jumps 27 Percent
Thursday, Feb. 21, 2013, 06:58 AM
Auto Remarketing Staff
Late Wednesday, KAR Auction Services reported its fourth-quarter and full-year financial results, performances that included a 27-percent increase in net income. The company arrived at that 2012 net income level thanks to a revenue increase of 4 percent year-over-year. KAR indicated its full-year revenue came in at $1.96 billion, up from the 2011 total of […] [Read More]
Florida Manheim Site Unveils Body Shop Expansion
Thursday, Feb. 21, 2013, 06:55 AM
Auto Remarketing Staff
Facing increased demand and with a goal of boosting its conservation efforts, one Manheim site has announced the completion of a year-long project to significantly expand its body shop. Revealed this week by Manheim Palm Beach is the culmination of a 12-month project designed to raise its body work capacity to meet increasing demand, and […] [Read More]
Insurance Auto Auctions Exec Appointed to National Motor Vehicle Title Information System Federal Advisory Board
Wednesday, Feb. 20, 2013, 06:55 AM
Auto Remarketing Staff
Insurance Auto Auctions announced its director of corporate development has been appointed to serve a two-year term as a member representing the interest of salvage yards and auto recyclers on the Bureau of Justice Assistance’s NMVTIS Advisory Board. IAA highlighted Brian Hildreth is one of 25 representatives from key stakeholder groups, including law enforcement, state […] [Read More]
Safelite Promotes From Within to Name National Auctions Account Manager
Wednesday, Feb. 20, 2013, 06:54 AM
Auto Remarketing Staff
Safelite Solutions has named its new national account manager of auctions from within the company, tapping a longtime leader in auction operations. Announced this week for the position is the promotion of Eric Ramsdell, who has worked for Safelite for more than a decade. Ramsdell began his career here in the company’s contact centers, then […] [Read More]
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