Wholesale
Beggs: Action In Lanes ‘Pretty Steady’; Rate of Price Hikes Increases
Sarah Rubenoff
Business in the lanes this past week was reported as being “pretty steady” with an increasing number of price hikes, according to Black Book’s Ricky Beggs. The managing editor explained in his latest, “Beggs on the Used Car Market” video report that, last week, the average number of vehicles adjusted each day was 1,840. “Since […] [Read More]
ADESA Announces Successful CarsArrive Integration
Auto Remarketing Staff
ADESA said Monday that dealers and buyers at any of its U.S. locations can now utilize the services of transportation company CarsArrive. ADESA announced that CarsArrive has been integrated at all of its U.S. auction locations, a process which began more than a year ago. Commenting on the news, Tom Caruso, president and chief executive […] [Read More]
IARA Seeks Executive Director
Auto Remarketing Staff
The International Automotive Remarketers Alliance has put out a call for an executive director, and is looking for “a proven leader with strong public speaking abilities and prior industry experience” to fill the position. Last week, the organization posted the following job description on its website: [Read More]
J.D. Power Gauges Consumer Satisfaction Levels with Navigation Systems; Impact for Used Cars?
Sarah Rubenoff
Perhaps of interest for dealers deciding which after market systems to put in their pre-owned cars before showing them on the lot, it seems new-vehicle owners aren’t quite satisfied with their in-car navigation systems — and here’s why. [Read More]
ADESA Phoenix Ready for Annual Legendary Sales Week
Auto Remarketing Staff
ADESA Phoenix is gearing up for its Third Annual Legendary Sales Week. As part of its alliance with the Barret-Jackson Auction Co., the ADESA auction will hold the event Tuesday through Thursday — which coincides with the 42st Annual Barrett-Jackson Collector Car Auction, which runs through Sunday. "It is truly a pleasure to partner with […] [Read More]
Webb: Why Auction Volume Will Grow in 2013 and Beyond
Nick Zulovich
Manheim chief economist Tom Webb didn't mince words in refuting any inkling that the auction industry is in trouble since even a moderate rise in projected volume for 2013 is close to 25 percent off of the heydays of 10 years ago. Working off an assumption that volume at National Auto Auction Association facilities will […] [Read More]
Mercedes-Benz Canada Announces 2013 Star Dealer Awards
Auto Remarketing Canada Staff
Announced this week, Mercecdes-Benz Canada is honoring its top 10 performing dealers with the 2013 Star Dealer Awards. This designation was established to "recognize the achievements of the top 10 authorized Mercedes-Benz dealers in Canada, underscoring the critical role that each dealership's contributions make to the overall success of the Mercedes-Benz brand in Canada," according […] [Read More]
CarProof Picks Former Trader Corp. Exec as New Senior VP of Business Development
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’
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
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]
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