Wholesale
CarProof Picks Former Trader Corp. Exec as New Senior VP of Business Development
Thursday, Jan. 10, 2013, 02:26 PM
Auto Remarketing Canada Staff
Revealed earlier this week, CarProof Vehicle History Reports welcomed a new senior vice president of business development. Tapped for the job is Jamie Blundell, who will be responsible for all business development activities including the company’s entrance into new verticals and customer segments, officials shared. “On behalf of all of us at CarProof, I’d like […] [Read More]
Brasher’s Sacramento Starts Year Off with A ‘Bang’
Thursday, Jan. 10, 2013, 06:57 AM
Sarah Rubenoff
It seems the new year bodes well for the lanes, as John Brasher reported a “very, very strong” sale from Brashers Sacramento Auto Auction this past Tuesday. Brasher said, “We started the year off with a bang. The sale (Tuesday) was strong; the strongest it has been (in) probably six months.” It seems dealer demand […] [Read More]
Crown Vic Escorts McIlroy to Victory, Now Up for Auction
Thursday, Jan. 10, 2013, 06:56 AM
Auto Remarketing Staff
A quick ride in a 2005 Ford Crown Victoria for golfer Rory McIlroy may have saved the 2012 Ryder Cup for the European team over the Americans, and now that car is hitting the wholesale market. Later this month, America’s Auto Auction Chicago is auctioning off the unmarked police car — which is being retired […] [Read More]
Black Book: Wholesale Patterns Reflect Possible Demand from Remodelers & Builders
Wednesday, Jan. 9, 2013, 06:59 AM
Sarah Rubenoff
The housing market continues to see improvements from the recession slump, and this trend may be affecting the automotive industry, as well. With more homes being built, it seems demand is also on the rise for some vehicles often used in construction projects. According to Black Book, a review of December used-car and wholesale auto […] [Read More]
Kontos: Hurricane Sandy Still Affecting Wholesale Industry; Plus Full-Year Wholesale Price Breakdown
Tuesday, Jan. 8, 2013, 03:32 PM
Sarah Rubenoff
It seems Hurricane Sandy is not done with the automotive industry. Offering a take on December’s unseasonably strong wholesale prices, ADESA’s Tom Kontos noted in the latest “Kontos Kommentary” that the superstorm may have played a role in these high rates. “Some residual effects of Superstorm Sandy may be evident in the relatively strong wholesale […] [Read More]
Capital Automotive Reconditioning Services Celebrates 10 Years
Tuesday, Jan. 8, 2013, 08:54 AM
Auto Remarketing Staff
Capital Automotive Reconditioning Services is reaching its 10-year anniversary this year and is making executive changes to prepare for the next decade. Since its founding in 2003, CARS Recon has expanded to 28 locations, grown to include approximately 550 full-time employees and processed more than 3 million vehicles for sale at auctions. The company began […] [Read More]
Beggs: The Effect of High New-Car Sales on Auction Activity
Tuesday, Jan. 8, 2013, 06:59 AM
Sarah Rubenoff
With final new-car sales numbers for 2012 rolling in, Black Book’s Ricky Beggs took a look at how these high numbers will affect wholesale auction activity. As the managing editor shared in his latest “Beggs on the Used-Car Market” video report, new sales are reported to have come at 14.49 million, marking a 13-percent increase […] [Read More]
Black Book Names VP of Mobile Solutions
Tuesday, Jan. 8, 2013, 06:57 AM
Auto Remarketing Staff
Black Book announced on Monday its choice for the role of vice president of mobile solutions, tapping a former Manheim exec to fill the spot. Taking on the position at Black Book is Mike Williams, who will be responsible for all of the company’s mobile products and services. The role includes developing new products, enhancing […] [Read More]
ServNet Adds 31st Location
Monday, Jan. 7, 2013, 03:28 PM
Auto Remarketing Staff
To kick off its silver anniversary year, ServNet announced that the auction group has welcomed its 31st member. Joining the group is Ocala Auto Dealers Exchange in Florida. OADE’s sister auctions — Sanford Auto Dealers Exchange and Cocoa Auto Dealers Exchange — were already ServNet members. The auction was formerly known as Big Sun Auction […] [Read More]
Charleston AA & Dealers Work to Support Orphan Relief Nonprofit
Monday, Jan. 7, 2013, 08:54 AM
Auto Remarketing Staff
Over the holidays, one South Carolina auction, in particular, and its dealers invested in the community, raising funds and collecting items for a children’s charity. For four straight weeks, Charleston Auto Auction held a 50/50 drawing each sale to benefit the Low County Orphan Relief — which helps children removed from their homes due to […] [Read More]
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