Snow filled the Washington sky on that November morning, but it didn’t keep DAA Northwest from holding its first-ever sale. The auction didn’t end up selling much that day (less than a dozen, DAA says), but perhaps the real triumph was that the DAA Northwest team managed to dig the vehicles out of snow banks, […] [Read More]

General Motors Financial on Tuesday announced alliances with both OPENLANE and DataScan Field Services to support a new online remarketing program for off-lease vehicles. The GM Financial DealerSource program is designed to be used by GM dealers when leased vehicles financed by GM Financial begin to come off of a lease. GM Financial launched its […] [Read More]

Auction Edge said on Tuesday that it tapped the former director of auction systems at Manheim to be its general manager of auction systems Taking on the role within the division that includes the ASI business line based in North Carolina is Watson McClam. “Watson brings decades of highly relevant experience to Auction Edge,” said […] [Read More]

Auto Data Direct decided on Tuesday to donate a portion of the National Motor Vehicle Title Information System (NMVTIS) reporting fees for vehicles damaged by Hurricane Sandy. ADD is sending funds to the Brother’s Brother Foundation (BBF) relief effort. The company reiterated federal law requires insurance companies and auto salvage entities to report total loss […] [Read More]

Fleet services provider ARI recently celebrated the grand opening of its newest state-of-the-art call center in Houston. The facility located at 13805 West Road already employs nearly 50 local residents and has the capacity to employ 185 individuals. This facility is the sixth ARI call center in North America, and officials said it will help […] [Read More]

Even after Hurricane Sandy hit, damages from which are expected to push used-vehicle prices up, wholesale prices experienced a steep decline in October, according to NADA Used Car Guide’s Guidelines report. But the wholesale volume fallout from the storm is expected to spur a price hike in the near future. October’s report shared that at […] [Read More]

As the company ramps up efforts to make contributions to help people recover from Superstorm Sandy, Manheim today recapped its continued effort to help dealers buy, manage and sell their vehicle inventory more effectively through its annual dealer advisory board meeting. Manheim recently hosted its top 20 dealers from across the country for a two-day […] [Read More]

Black Book determined average prices for cars dropped by $75 last week, representing the largest weekly decline in the past seven weeks. Four car segments declined even more than the average, raising the attention of managing editor Ricky Beggs. The largest individual car segment declines were all from the higher-level, more luxury-oriented type models, including […] [Read More]

A week after venturing into South America for the first time, Copart extended its global growth pattern on Monday by acquiring an operation in Germany. Officials said Copart acquired WOM Wreck Online Marketing Aktiengesellschaft located in Ettlingen, Germany, a leading European salvage vehicle auction platform primarily serving the insurance markets in Germany. Copart indicated the […] [Read More]

DAA Northwest is reaching its 20th anniversary this week, and the ServNet auction is planning a two-day celebration. The auction will host its annual anniversary sale promotion on Wednesday and Thursday. Fleet/lease and select dealer consignment will be offered in the lanes on Wednesday afternoon, followed by a gala dinner party and fundraiser for DAA’s […] [Read More]