Wholesale
Super Dispatch launches tool to eliminate carriers’ wait for payments
Wednesday, Oct. 1, 2025, 02:58 PM
Auto Remarketing Staff
Super Dispatch has introduced a tool designed to solve a wait-y problem. The auto transport management platform unveiled Instant Transfer, an embedded real-time payment tool for carriers. The company said Instant Transfer allows verified carriers to receive funds from shipper-initiated payments in seconds — 24/7/365, including nights, weekends and holidays. In a news release, Super […] [Read More]
Lane watch: Dealers approach auctions looking for ‘quality over quantity’
Wednesday, Oct. 1, 2025, 02:45 PM
Auto Remarketing Staff
Using the description “quality over quantity” happens often inside and outside of automotive. Black Book also used it to recap last week’s wholesale scene, which had values soften by 0.39%. And the auction conversion rate slid by 3 percentage points to 56%. “Wholesale activity last week underscored the industry’s ‘quality over quantity’ dynamic,” Black Book […] [Read More]
Holman joins with Auction Edge to boost wholesale commercial vehicle platform
Tuesday, Sep. 30, 2025, 03:19 PM
Auto Remarketing Staff
Holman is giving its auction platform an edge. The dealership group/automotive services company has partnered with wholesale technology provider Auction Edge to boost Holman’s EquipmentDirect platform, which specializes in the resale of vehicles, commercial equipment such as trailers and forklifts, heavy-duty construction units and other industrial assets. “Our mission,” Auction Edge CEO Dan Diedrich said, […] [Read More]
Auction news: ADESA names 2 GMs, adds same-day Carvana delivery to SF; date set for 2026 WAAC
Tuesday, Sep. 30, 2025, 02:36 PM
Auto Remarketing Staff
ADESA announced the addition of new general managers for two of its Florida auctions. Anthony Marino joins the auction chain as the new GM of ADESA Ocala, following 20 years with DriveTime, most recently as general manager and head of operations. Marino was responsible for 12 Florida and Georgia locations, driving sales growth, improving customer […] [Read More]
DAAG’s Swofford elected NAAA VP
Friday, Sep. 26, 2025, 01:43 PM
Auto Remarketing Staff
Dealers Auto Auction Group vice president John Swofford has been elected vice president of the National Auto Auction Association for the 2025-2026 term. Swofford, who was elected during the all-member meeting at this week’s 2025 NAAA World Remarketing Convention in Kansas City, Mo., has been part of the auto auction industry for more than three […] [Read More]
NAAA Convention roundup: Newest Industry Pioneers & Hall of Famer
Wednesday, Sep. 24, 2025, 03:37 PM
Auto Remarketing Staff
Wednesday marked several milestones for industry leaders during the 2025 NAAA World Remarketing Convention in Kansas City, Mo. The National Auto Auction Association added its newest Hall of Famer and honored two more Industry Pioneers. NAAA also installed its new president and highlighted a charity donation given in honor of the outgoing president. NAAA recapped […] [Read More]
Lane watch: Auction conversion rate slips below 60%
Wednesday, Sep. 24, 2025, 01:17 PM
Auto Remarketing Staff
Black Book reported that auction conversions averaged 59% last week, which was down 2% from previous week. Analysts explained the dynamics in play, saying that overall movement is “reflecting selective buyer appetite and continued seller resistance. “Performance varied widely,” Black Book continued in its newest edition of Market Insights released on Tuesday. “Some closed and […] [Read More]
America’s expands again, acquiring Mid-State Auto Auction
Wednesday, Sep. 24, 2025, 09:24 AM
Auto Remarketing Staff
America’s Group VP of merger and acquisitions Chris Elliott recently explained how the company evaluates potential acquisitions, emphasizing elements such as “a strong reputation,” and “a good quality staff.” Evidently America’s Group found another auction that met those criteria, as on Wednesday the company announced the acquisition of Mid-State Auto Auction, located in New York […] [Read More]
Manheim leverages Browning’s unique experience to lead industry operations
Tuesday, Sep. 23, 2025, 02:39 PM
Auto Remarketing Staff
Mike Browning, who has been with Cox Automotive for 20 years and previously served as president of the National Auto Auction Association, has a new role with Manheim. On Tuesday, Manheim named Browning as associate vice president of industry operations to serve as a strategic liaison between Manheim and its independent auction partners, while also […] [Read More]
NAAA honors quartet of 2025 Warren Young Fellows
Tuesday, Sep. 23, 2025, 02:31 PM
Auto Remarketing Staff
The National Auto Auction Association got its annual convention started on Tuesday by honoring four executives as Warren Young Fellows. According to a news release, Tommy Rogers, Nate Simonson, Butch Herdegen, and Ray Priest have been recognized by the association for their contributions and distinguished service to the wholesale industry following their term as president […] [Read More]
X