Insurance Auto Auctions announced Ronald McDonald House Charities is the newest benefactor charity to join its national vehicle donation campaign, One Car One Difference. The program now will fund RMHC chapters located in five states, including Florida, Kentucky, North Dakota, Ohio and West Virginia. Officials believe Wednesday’s announcement marks the first of many local and […] [Read More]

The new year already has generated a new record for Black Book’s editors as last week they established a new mark for the most daily adjustments. Black Book’s staff made a daily average of 3,280 adjustments last week, almost 400 more per day than the previous high set during the week ending Aug. 12. Thanks […] [Read More]

Amid a modest uptick in used-vehicle prices from the previous month, December’s wholesale increases were led by gains in the larger vehicle categories, as these segments were ahead of the market curve in the year’s final month thanks largely to more moderate gas prices, according to the RVI Group. More specifically, the RVI Used Car […] [Read More]

Used-car managers in search of models to fill certified pre-owned inventory might have a another challenging year finding units if NADA Used Car Guide’s 2012 projections come true. NADA UCG began its latest commentary about the used-vehicle market by estimating just how much supply softened a year ago. Analysts surmised that total used supply in […] [Read More]

As the company shared developments regarding enhanced digital training for auction employees, Manheim’s Tom Webb needed only one word to describe past and projected movement of dealer consignment. During his first conference call of the new year on Tuesday, Webb indicated dealer consignment was “up in 2010, up in 2011 and will be up in […] [Read More]

In a week that showed steady sales across the assorted auction channels, the wholesale market saw a relatively light amount of value adjustments and the proportion of those changes that were increases was the strongest the market has seen in more than six months, according to Black Book managing editor Beggs. There were 1,520 wholesale […] [Read More]

It might be the dead of winter in many parts of the country, but ADESA’s Tom Kontos peered ahead as to what dealers might be encountering in the auction lanes when spring arrives. In discussing how 2011 unfolded and what might be ahead this year, Kontos believes used-vehicle prices continue to run into an artificial […] [Read More]

Vehicle transportation company MetroGistics on Monday named a new director of logistics operations and director of business development. Gaining the role of director of logistics operations is Jeremy Cope, while receiving the promotion to director of business development is Dustin Ruch. MetroGistics highlighted Cope brings more than nine years of auto transport experience and will […] [Read More]

To go along with his monthly look at the specialty market, Black Book managing editor Ricky Beggs opened 2012 by offering his forecast on how wholesale activity might unfold, as well as by taking a look back at how last year went. The opening line of the current “Beggs on the Used Car Market,” video […] [Read More]

Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading up to this new offering, the company indicated the Right to Cure Auction is designed to provide an […] [Read More]