Interestingly, though many dealers have voiced concern over the lack of off-rental supply flowing through the lanes during the past few years, Black Book’s Ricky Beggs explained that buyers are showing “hesitant interest” when it comes to rental cars at auction. Though overall, comments from Black Book survey personnel indicated a “more stable market in […] [Read More]

Just after Auto Remarketing recognized the contributions of women within the auto industry in its April 15–30 issue, a female auctioneer is being hailed as unique in the wholesale side of the business. Becky Tarlton, whose story was recently published in the Salisbury Post, is licensed as an auctioneer in North and South Carolina and […] [Read More]

Flint Auto Auction recently launched a newly designed website, a platform geared to bring information about the auction and its various departments, sale dates and vehicle inventory together in an easy-to-use, intuitive interface. Management from the ServNet operation highlighted the front page of Flint’s new website provides a snapshot of the auction’s Wednesday sale, with […] [Read More]

ServNet executive staff and owners of its 31 independent auctions turned their attention to industry analytics, at the semi-annual business meeting and Meet the Owners luncheon, held April 16-17 in Dallas. The group also announced a new auction addition, coming later this spring. ServNet chief executive officer Pierre Pons reported that Day 1 meeting attendees […] [Read More]

Vehicle transportation company MetroGistics recently named a new director of account management, hiring an executive with experience in getting a domestic automaker’s new models distributed regionally. Taking on the role is Martha Garcia-Perry, who will be responsible for ensuring that MetroGistics’ customers consistently experience a high level of service, and for delivering on the company’s […] [Read More]

Dealers have a whole new option for purchasing cars at auction — bid by night. Insurance Auto Auctions Inc. this week announced the launch of its first-ever nighttime auto auction series, called Stars of Atlanta. The weekly auctions will be held at IAA’s Atlanta East branch in Winder, Ga. IAA described the Stars of Atlanta […] [Read More]

Manheim announced today it is expanding its footprint in Canada. In an effort to reinforce its commitment to the Canadian marketplace, Manheim Canada has signed a partnership agreement with Source Auto Auction — a new auction facility in Edmonton, Alberta, owned by Danny Fayad. [Read More]

Web-based automotive remarketing system TradeRev revealed this week it is partnering with CarProof to offer vehicle history reports on every vehicle listing on TradeRev’s online auction system. Starting Wednesday, this new agreement will help ensure full disclosure and transparency on every vehicle that passes through the TradeRev car auctioning system, the companies said. [Read More]

Manheim Pennsylvania played host to potential global partners, as dignitaries from five countries visited the auction on Friday. Fourteen international ambassadors and dignitaries representing Mongolia, Malaysia, the Philippines, the Ukraine and Lithuania toured the Manheim Pennsylvania facilities, to learn about the remarketing business and meet with local leaders. As one of the largest employers in […] [Read More]

One ADESA auction location is ready to roll out the red carpet for dealers, with a Derby Spectacular sale set for next week. The annual sale will be held on May 2 at ADESA Lexington, with more than 1,500 vehicles scheduled to cross the block during the event. ADESA also reported that several regularly featured […] [Read More]