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America’s Auto Auction broadens Georgia footprint via acquisition of Albany Auto Auction
Tuesday, Feb. 3, 2026, 09:05 AM
Wholesale
Auction Values Off 4 Percent; New-Car Transaction Prices Dip $500
Thursday, Jun. 28, 2012, 05:58 AM
Auto Remarketing Editor Joe Overby
The auction values of late-model used vehicles are down about 4 percent year-over-year, Kelley Blue Book’s Alec Gutierrez told Auto Remarketing on Wednesday afternoon, also pointing out that this marks the first time since 2009 that a softening has occurred. Lower prices in the used market come in the wake of softer new-vehicle prices and […] [Read More]
Auction Academy Opens Enrollment to All Independent Auction Personnel, Adds Performance Group Program
Wednesday, Jun. 27, 2012, 05:57 AM
Auto Remarketing Staff
As its inaugural class readies for a second training session, Auction Academy officials have announced the program’s expansion to include additional auction and finance personnel. Auction Academy chief operating officer Randall McCathren said that while the first Auction Academy group was specifically geared toward the sons and daughters of independent auto auction operators and related […] [Read More]
CNW: How Franchised Dealers Are Retaining Service Department Traffic
Tuesday, Jun. 26, 2012, 03:59 PM
Auto Remarketing Staff
CNW Research acknowledged that hanging onto service business has become tougher for franchised dealers because of outside competitors like tire and quick-lube shops. But CNW president Art Spinella believes dealers have held their own in recent years by offering name-brand tires, special oil change and lube coupons and “drop in” lanes where technicians are paid […] [Read More]
Beggs: Experience from Commercial Account Rep Sheds Light on Unusual Wholesale Trend
Tuesday, Jun. 26, 2012, 06:00 AM
Nick Zulovich
In the midst of a busy week, Black Book’s editorial team picked up on an unexpected trend when discussing the wholesale market with a commercial account representative. Managing editor Ricky Beggs indicated that he and the rest of the Black Book team continue to see an increasing level of no sales, overall. “But not every […] [Read More]
Charleston AA Notches Institutional Consignment Record
Monday, Jun. 25, 2012, 03:36 PM
Auto Remarketing Staff
Charleston Auto Auction announced that it celebrated a consingment record for institutional accounts at its recent 9th Annual Luau/Pig Pickin’ & Car Sale. Additionally, there were more than 650 dealers on hand and more than 1,400 units up for sale. The event also included over $35,000 in cash and prizes, and attendees were treated to […] [Read More]
ServNet Auctions Launch Summer Promotions
Monday, Jun. 25, 2012, 03:19 PM
Auto Remarketing Staff
The ServNet Auction Group recently kicked off its lineup of summer promotions with the Smoker Sale at Brasher’s Idaho Auto Auction and plans to keep things rolling with a trio of music-themed event. Next month, DAA Northwest — located in Spokane, Wash. — hosts its annual Rock and Roll Sale, which will feature British-American rock […] [Read More]
Black Book Weighs Used-Price Aftermath of 900K Additional Units; CNW Gauges Used Sales
Monday, Jun. 25, 2012, 08:02 AM
Auto Remarketing Editor Joe Overby
Given the trickle-down effect of a hot new-car market, Black Book is predicting that an additional 900,000 used vehicles will hit the market in 2012, calling this massive influx a “glaring reason” for the drop in used prices that has begun. What’s more, if the new-car market gets even hotter in 2013, look for used […] [Read More]
Fleets and Remarketing: The Right Equation
Monday, Jun. 25, 2012, 07:54 AM
Gus Xamplas
If you think about it, fleet management companies and individual fleet managers seldom see the vehicles that those of us in remarketing focus on every day. The process is fairly formulaic: A dealer delivers the new unit to a driver; we arrange the pick-up of the old vehicle either from the dealer, a remote company […] [Read More]
Used Prices Face ‘Downward Pressure’ After 2012
Friday, Jun. 22, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
The rest of 2012 will likely see continued strength in used-car pricing, but there could be some “downward pressure” in the near future, according to the RVI Group. Explaining the anticipated strength in used prices for the remainder of the year, RVI said: “This is due to an expected increase in new-car competition and decrease […] [Read More]
Avis Budget to Sell Off-Rental Units Directly to Public Via AutoNation Direct
Thursday, Jun. 21, 2012, 05:59 AM
Auto Remarketing Staff
With consumer demand for used vehicles riding high, Avis Budget Group launched a new program on Wednesday that sells late-model off-rental units directly to the public. Avis Budget has teamed up with AutoNation for the “Ultimate Test Drive” initiative, which lets consumers use the AutoNation Direct sales channel to purchase off-rental Avis and Budget units. […] [Read More]
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