Sparked by an alliance with NADA Used Car Guide, Auction Genius revealed Tuesday that more than 100 dealers signed up to use its wholesale market solution during last month’s National Automobile Dealers Association Convention and Expo in Las Vegas. The traction gained at NADA pushed Auction Genius’ roster of dealer clients to more than 275. […] [Read More]

While revealing it has secured a General Services Administration contract, El Paso Independent Auto Auction also highlighted it has entered its second year in operation with an increase in both consignment and key management. Commenting on the new GSA contract that the auction has gained along with sister auction KCI in Kansas City, Lori Pidgeon, […] [Read More]

The NAFA Fleet Management Association recently surveyed its membership on how they view the role of fleet in their organization. The survey discovered a problem that the association calls relatively common, “a lack of respect in the business world.” "NAFA is proud to announce our Beyond Fleet campaign, an exciting new program designed to elevate […] [Read More]

With the spring market ready to heat up like the weather, Auto Remarketing reached out to auction executives and other remarketing leaders to gain some clarity on what dealers could be seeing in the lanes or online when they are searching for wholesale inventory. Despite the volume constraints that remain well-known and documented, the auction […] [Read More]

Southern Auto Auction is commemorating its 65th anniversary with a slew of promotions this spring that get started later this month. The first of these celebrations is a special General Motors factory auction on March 28 where SAA will remarket the automaker’s 14 millionth vehicle. “It is an honor for SAA to remarket the 14 […] [Read More]

The Auction Broadcasting Co. announced late last week it has brought in remarketing industry veteran Butch Royall to serve in a position where he will work to set up government sales at various ABC auctions. Royall’s background includes leadership roles at auctions, as well as with remarketers. He served in management for companies like GE […] [Read More]

Executives whose previous career stops included time with ADESA, Manheim, OPENLANE and Renovo Services joined forces to purchase and run a forwarding and remarketing company. Late last week, wholesale veterans Cam Hitchcock, Chuck Tapp and Phil Hanks partnered with a New York-based private equity firm to acquire the assets of ASR Nationwide, rebranding it into […] [Read More]

 KAR Auction Services once again cheered the financial performance of two subsidiaries — Insurance Auto Auctions and Automotive Finance Corp. Chief executive officer Jim Hallett declared both operations had “outstanding” years as they both posted rises in profit and revenue of at least 15 percent. Looking first at Insurance Auto Auctions, its 2011 revenue increased […] [Read More]

Aimed at boosting stores’ marketing efficiency, ADP Dealer Services and its digital marketing group that runs Cobalt announced earlier this week they acquired Autotegrity from Link Ventures and Cogo Labs. Officials explained the deal is meant to be the nucleus of an expanding facility focused on the application of science to optimize the online shopping […] [Read More]

ADESA Canada spotted a somewhat slower, “steady at best” wholesale market in the first couple weeks of February – which isn’t out of the ordinary – and then saw upward movement in last two weeks, continuing a relatively strong start to the year. [Read More]