American Auto Auction Group recently rolled out its 14th location, broadening its footprint in Florida. AAAG’s newest auction property is Your Auction of Pasco located in Holiday, Fla.  The new facility held its first sale on March 13 and will conduct weekly auctions on Tuesdays at 4 p.m. ET. AAAG founding member, director and chief […] [Read More]

Just a couple of months after Black Book brought in Jeff Bunch to be its director of automotive licensing, the firm promoted the industry veteran to a new position on Wednesday. Black Book announced Bunch has been elevated to vice president of lender solutions. In this role, Bunch will be responsible for leading Black Book’s […] [Read More]

BB&T Corp. revealed its 2011 Auction of the Year on Wednesday along with a pair of other accolades. Recognized for providing top sales results, sales percentage and expenses relative to liquidation for both BB&T and its affiliate Regional Acceptance, was the 2011 Auction of the Year winner ADESA Lexington. BB&T asset remarketing manager Neil Boardman […] [Read More]

ADESA promoted two executives Tuesday to the roles of vice president of business operations, effective immediately. Rising to the positions are Doug Shore and Sanjiv Agrawal, who will both report directly to Paul Lips, executive vice president of operations and finance.  ADESA noted Shore has held a number of corporate and auction leadership roles within […] [Read More]

America’s Auto Auction Chicago recently picked up an honor from SmartAuction. SmartAuction vice president Steve Kapusta presented the operation with the 2011 Greatest Year-Over-Year Growth Award. Accepting the honor for America’s Auto Auction Chicago was general manager Larry Hero, Internet sales manager Mark Super, fleet/lease/business development manager Fred Uhter and Internet salesperson Natalie Markham Also […] [Read More]

Ending its month-long Xtreme Spring Sale Event with a bang, Manheim Pennsylvania held the 100 Grander, Ultra Highline and Classic Car sale this past week, with the proceeds benefitting the Wounded Warrior Project — an organization providing aid to injured servicemen and women. Nearly 4,000 dealers attended the sale which featured the auction of a […] [Read More]

When Ricky Beggs and the rest of the team at Black Book looked to recap wholesale market activity from the past week, one element jumped out quickly. In beginning his latest installment of “Beggs on the Used Car Market,” he shared, “As the survey reports and summaries arrived at the editorial offices, there was a […] [Read More]

The International Automotive Remarketers Alliance recently released the findings of the vehicle history report survey that centered on improving the data correction process and standardizing history report wording. The survey was conducted by the alliance’s Standards Committee, and after results were gathered and analyzed, IARA was able to determine seven conclusions from the results. [Read More]

Revealed late last week, customers of Nebraska Auto Auction will now be able to scan all the inventory that’s making it through the auction’s lanes online. Utilizing online marketplace AuctionPipeline, NAA went live with PipelineSimulcast in late January, and added a second lane in February. Now, with the addition of PiplineSimulcast to the auction’s third […] [Read More]

Todd Caputo wasn’t sure what exact model would roll down the lane Wednesday morning at Southern Auto Auction, but he knew he wanted it. And fortunately for the Chittenango, N.Y., dealer, his bid for the 14 millionth vehicle ever remarketed by General Motors — a 2011 Chevrolet Equinox — was the winner. “I was excited […] [Read More]