Manheim has rolled out an extension of The Wholesale Institute that is designed to save dealers time by bringing training sessions on the company’s digital tools to the sale days at various Manheim auctions. In other words, TWI “On the Go” aims to connect with dealers when they’re already at a Manheim auction buying or […] [Read More]

Last Friday, MarkOne Financial named American Auto Auction Group member Charleston Auto Auction as its 2011 National Auction of the Year, marking the third consecutive year the South Carolina operation has received this designation. Officials indicated Charleston AA was one of more than 20 auctions that were evaluated for this recognition. They explained benchmarking criteria […] [Read More]

Auto Remarketing learned Thursday that Mark Brunn has been named interim leader of Total Resource Auctions. Mike Langhorne, Manheim senior vice president and chief business development and operational excellence officer, said, “Bill Tiedemann is retiring from Manheim as group vice president of Total Resource Auctions at the end of this month. As a result of […] [Read More]

After officially starting its Right to Cure Auction through relationships with Copart and Asset Nation at the beginning of the year, Consolidated Asset Recovery Systems is hosting a free Webinar to explain further how this is intended to benefit the recovery industry. The free Webinar is set to begin at 11 a.m. ET on Tuesday. CARS explained […] [Read More]

The first Manheim Used Vehicle Value Index for 2012 came out Tuesday, and the trend continued what auctions and dealers saw for most of last year — wholesale prices moving higher. Manheim discovered that wholesale values (on a mix-, mileage-, and seasonally adjusted basis) rose 0.5 percent in January relative to December and were up […] [Read More]

This week, Insurance Auto Auctions reached an agreement with Chen Jia, a wholly owned subsidiary of Jiangsu Chenlong Resource Recycling Development Co. in Zhangjiagang Jiangsu, China. IAA pointed out that Chenlong Recycling is one of the first companies to obtain one of only a few recycling permits from the Chinese government that allows the import […] [Read More]

Wholesale values “took a turn south” last week and posted the year’s most dramatic weekly decline yet, according to Black Book’s Ricky Beggs. What’s more, the proportion of wholesale value adjustments that were positive changes was the smallest it has been in four weeks, he noted. The overall change was a decrease of $52. The […] [Read More]

Dominion Dealer Solutions recently announced a partnership with OPENLANE that will allow its dealers to tap into OPENLANE inventory through Dominion Inventory sourcing tools. Officials noted that mutual customers of the companies can utilize the Dominion Inventory application to easily source vehicles, as well as post units for sale. OPENLANE sends its auction listings to […] [Read More]

Manheim announced the winner of its eighth annual Barbara Cox Anthony Automotive Woman of the Year Award on Sunday, bestowing this year’s honors upon Rachel Richards, who is Sonic Automotive’s vice president of retail strategy and chief marketing officer. Richards was given the award and honored at Northwood University’s annual breakfast during the National Automobile […] [Read More]

AutoTec president Chuck Redden announced that the company’s AuctionACCESS Pro product is currently being tested at selected dealerships. Sharing what this solution can offer, Redden reiterated that AuctionACCESS Pro was created to make it easier for one administrator to manage dozens — or even hundreds — of authorized reps and dealerships. It can enable large, […] [Read More]