Dealers Auto Auction of Idaho is hosting its fifth annual Rage in the Cage MMA Sales Event next week, which will feature a night of mixed martial arts action on the eve of the 800-unit sale. The MMA fight night will begin at 7 p.m. (MDT) on Aug. 21 at the Idaho Center, which is […] [Read More]

AuctionACCESS has officially announced the launch of a new smartphone tool that it says will allow dealers to search for auctions and inventory from anywhere and at anytime. AuctionACCESS Mobile is available for both Android and iPhone and is designed to let dealers manage their membership and address potential buy and sell issues before they […] [Read More]

Fueled by across-the-board gains during the second quarter along with its recent acquisition, DealerTrack Holdings raised its financial performance guidance for the remainder of 2012. Looking first at GAAP results for the second quarter, DealerTrack’s revenue moved up to $96.4 million from $89.1 million a year earlier. As a result, the company’s second-quarter GAAP net […] [Read More]

It has barely been a month since vAuto acquired Auction Genius, and the two members of Auto Remarketing’s Power 200 are working feverishly to integrate their wholesale tools for dealers. Dale Pollak shared new details with Auto Remarketing on several fronts, including his initial impression of Auction Genius, as well as how vAuto plans to […] [Read More]

Auto Remarketing has learned that the owners of ADE Auctions Inc. recently bought an auction property in Ocala, Fla., marking the company’s third facility in the Sunshine State. Today, Michael Tumminello and Jeff Brody announced the acquisition of the facility formerly known as Big Sun Auction; the property has been renamed Ocala Auto Dealers Exchange, […] [Read More]

It was announced Thursday afternoon that KAR Auction Services subsidiary AuctionTrac has rolled out a free mobile application for dealers. Officials noted that AuctionTrac Dealer “was designed specifically with the in-lane auction buyer in mind.” The app is available now for the iPhone and iPad, and the company expects it to be accessible on the […] [Read More]

Ever wondered how some of these long-time family run auction companies got their start? Holding a slew of facilities serving the western states, Brasher’s Auto Auctions took the time recently to tell its customers the “family” story. In a video posted to the company website, vice president Ben Brasher outlines the company’s history, throwing in […] [Read More]

ADESA announced that the company’s 68 North American auction locations will observe National Auto Auction Week, which is scheduled for Aug. 20 through Aug. 24. The company recapped that National Auto Auction Week was established by the National Auto Auction Association to recognize its members and the contributions they make both to the national economy […] [Read More]

KAR Auction Services chief executive officer Jim Hallett spent much of Tuesday’s conference call with investment analysts talking about volume and dealer consignment rather than the company’s latest financial performance. The dialogue stemmed in part from ADESA sustaining a year-over-year drop in vehicle conversion percentage to 55.6 percent, excluding OPENLANE activity. In the second quarter […] [Read More]

Prices continued to fall in the lanes this past month, according to the Manheim Used Vehicle Value Index.  In fact, marking the fourth consecutive monthly decline, wholesale prices slid 1.8 percent in July. This shift brought the Index to a level of 121.2, down 3.7 percent from a year ago, according to the analysis from […] [Read More]