Wholesale
Tesla’s former head of North American business operations joins Plug
Monday, May. 12, 2025, 03:55 PM
Auto Remarketing Staff
Another former Tesla executive has joined the leadership team at Plug. The company, which provides an online wholesale auction platform exclusively for electric vehicles, said Monday it has hired Lauren Van Dyke as its vice president of operations and partnerships. Van Dyke was most recently head of business operations for North America at Tesla, leading […] [Read More]
ACV’s ‘future service center drive-thru’ sees high demand
Monday, May. 12, 2025, 12:54 PM
Daryl Lubinsky, Correspondent
George Chamoun briefly touched on ACV Auctions’ “Project Viper” during the opening comments of the company’s first quarter earnings call , but he later expanded on the potential of the service product during the Q&A portion.
“I never, ever in my entire career have had a product where I’ve had this much demand,” Chamoun, who is CEO of ACV, said Wednesday.
ACV has described Project Viper as ... [Read More]
Repairify names new CEO, transformation chief
Friday, May. 9, 2025, 03:47 PM
Auto Remarketing Staff
Repairify has hired former OPENLANE executives Srisu Subrahmanyam and Keith Crerar as the company’s new CEO and chief transformation officer, respectively. Subrahmanyam, the new Repairify CEO, was most recently executive vice president of operations at OPENLANE, where he also was president of services and international markets. “As a longtime customer of asTech and BlueDriver, I’ve […] [Read More]
PODCAST: Cars Commerce’s Brian Kramer on harvesting service drive for valuable inventory
Friday, May. 9, 2025, 11:51 AM
Auto Remarketing Staff
Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.” During his keynote presentation at this spring’s Auto Intel Summit, now available in this episode of the Auto Remarketing Podcast, the executive vice president at Cars Commerce and general manager of AccuTrade shared recommendations for how managers can tap into […] [Read More]
Pushed by tariffs, wholesale vehicle prices bounce to 18-month high
Wednesday, May. 7, 2025, 04:14 PM
Joe Overby, Senior Editor
In the wholesale car market, the “spring bounce” was more like the long jump this year. Driven by tariff-hurried demand, prices leapt, pushing the Manheim Used Vehicle Value Index to its highest level in 18 months, according to Cox Automotive. “The ‘spring bounce’ normally ends the second week of April, but this year, wholesale appreciation […] [Read More]
Lane watch: Auctions wrap up ‘strong’ April
Wednesday, May. 7, 2025, 02:47 PM
Auto Remarketing Staff
Fueled in part by tariffs, Black Book summarized April since its latest installment of Market Insights covered the week that included the last day of the month. As the calendar flipped, analysts watched wholesale prices rise another 0.24% as last week’s auction conversion rate came in at 61%. “The market continued to see week-over-week increases […] [Read More]
Click-Ins brings AI inspection technology to Turn’s wholesale marketplace
Tuesday, May. 6, 2025, 02:55 PM
Auto Remarketing Staff
Click-Ins is partnering with Turn Automotive to bring its patented artificial intelligence-powered vehicle inspection platform to Turn’s digital wholesale marketplace for dealers and consumers. The collaboration will use Click-Ins’ technology to augment Turn’s appraisal process. “We went into the discussions with Click-Ins having tested nearly every solution in the market,” Turn Automotive founder Marc Steiner […] [Read More]
ACERTUS names new COO & CFO
Tuesday, May. 6, 2025, 02:46 PM
Auto Remarketing Staff
ACERTUS has a new chief operating officer and a new chief financial officer. The automotive logistics-as-a-service company said Tuesday that Alisha Buelt has been promoted to COO and Michael DeLuca has been hired as CFO. Buelt has been with ACERTUS for 15 years and was most recently senior vice president of global strategy. She was […] [Read More]
America’s Group drives growth with purchase of Augusta Auto Auction
Monday, May. 5, 2025, 01:57 PM
Auto Remarketing Staff
Based on their scorecard so far this year, America’s Group announcing an acquisition is par for the course. The budding wholesale giant took another M&A swing Monday with the purchase of Augusta Auto Auction, its fifth acquisition of 2025. The auction, located on five acres in North Augusta, S.C., was founded nearly four decades ago […] [Read More]
ADESA Clear digital auction platform expands to 45-plus locations
Wednesday, Apr. 30, 2025, 04:09 PM
Auto Remarketing Staff
ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary, has expanded in a big way. The platform launched in late 2023 and grew regionally last year and the early months of 2025. And now it includes vehicles sold from more than 45 ADESA auto auction locations and Carvana inspection and reconditioning centers. […] [Read More]
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