The latest data from the National Auto Auction Association pointed toward growing volume coming down the lanes. In December, volume at member auctions rose by 9.8 percent year-over-year, finishing 2012 with a year-to-date level that was 0.5 percent higher. In terms of prices, NAAA found that December prices came in 0.4 percent higher than the […] [Read More]

General Motors revealed Monday the 2012 Auction of the Year Award winner. Taking home the honors is ADESA Kansas City, marking the second consecutive year the auction has earned this national award. GM explained that of the 34 GM Sponsored Auctions nationwide, it excels the most in reconditioning, repairs and presentation of GM’s used vehicles […] [Read More]

With January presenting Black Book five weeks of activity to analyze, managing editor Ricky Beggs sifted through what happened as some auctions had an extra sale day to put on their monthly ledger. Beggs admitted that this January produced market results slightly different from what was traditionally expected. “The first two weeks we reported previously, […] [Read More]

In their merger to form NextGear Capital, Manheim Automotive Financial Services and Dealer Services Corp. each bring something unique to the table that can benefit dealers and auctions. That’s the word from Brian Geitner, president of the new company, who had held that same role for DSC and talked with Auto Remarketing on Friday about […] [Read More]

Manheim customers have spoken, and the company is listening. Manheim California has announced its first-ever Manheim en Español auction, set for this Friday. The auction said the event is aimed at meeting the needs of its growing Spanish-speaking dealer base.    Designed in collaboration with Spanish-speaking dealer customers in Southern California, the sales will be […] [Read More]

Manheim’s Tom Webb mentioned a noteworthy fact on his blog regarding Ford Motor Credit off-lease activity after the Blue Oval reported its fourth-quarter and full-year activity on Tuesday. For the first time since 2008, Ford reported that 24-month lease vehicles made up Ford reported that 24-month lease vehicles made up more lease return volume last […] [Read More]

Manheim on Tuesday announced the appointments of three employees to new roles within the organization, moves the company said are part of its focus on enhancing the customer experience. Appointed to the newly created position of digital general manager is Allan Wilwayco. In this role, he will be responsible for the management and execution of […] [Read More]

Batman has defeated James Bond. Well, at least when it comes to their cars. Barrett-Jackson announced Tuesday that the original 1966 TV series Batmobile sold for a cool $4.62 million at the company’s 42nd annual Scottsdale, Ariz., auction earlier this month. [Read More]

When the 2013 World Automobile Auctioneers Championship gets underway this spring, the panel of judges will feature some familiar names in the remarketing and auctioneering businesses. Among the judges at 25th annual event are: Jack Neshe  National Auto Auction Association Sandy Schwartz, Manheim Tom Caruso, ADESA Pierre Pons, ServNet Angela Crooke, America's Auto Auction J.J. […] [Read More]

As $45,000 went to support a children’s charity, ADESA Phoenix recently wrapped up its Annual Legendary Sales Week with more than 1,600 dealers participating in the three-day event. Attendees were able to access a diverse selection of inventory during the auction’s regular weekly fleet and consignment sale as well as several special events. In addition […] [Read More]