Awards; auctions Archives | Page 2 of 2 | Auto Remarketing

GM Financial honors the work of its auctions

business excellence

GM Financial values its auction partners, and Brad Bollman — who is the GM Financial senior vice president of remarketing solutions for North America — said in a news release that those auctions support his company’s remarketing objectives “day in and day out.”

GM Financial’s recent honors for five regional 2018 Auction of the Year winners and a Most Valuable Auction of the Year winner are part of its annual nationwide Auction of Excellence program, which recognizes the highest-performing auction locations.

The company announced the winners at the Conference of Auto Remarketing, which took place in March in Las Vegas. The winner of this year’s most valuable auction of the year award was Columbus Fair Auto Auction in Obetz, Ohio.

Regional Auction of the Year winners were:

— ADESA Dallas, Hutchins, Texas
— ADESA Kansas City, Belton, Mo.
— Manheim Denver, Aurora, Colo.
— Manheim Pennsylvania, Manheim, Pa.
— Manheim Statesville, Statesville, N.C.

In selecting the award recipients, GM Financial reviewed each of its 45 auction partners’ performance in retention, operational metrics, presale activities and overall auction operations.

Bollman said GM Financial’s auction partners “ensure our buyer base receives exceptional service every day.”

“These standouts performed exceptionally, with many featured as repeat winners of this award,” Bollman said. “We value them for ensuring quality inventory is available to dealers through their lanes.”

Alexis Jacobs, chief executive officer of most valuable auction of the year winner Columbus Fair Auto Auction, said the award was a testament to the auction’s relationship with customers and consignors and hard work of employees.

“As one of our biggest consignors, GM Financial provides an invaluable source of inventory for many of our customers. We are very proud of this recognition and look forward to continuing to grow this partnership,” Jacobs said.  

CPS awards top-performing auction partners

trophies

Consumer Portfolio Services has named its top performing auction partners. In a private event in March during the CAR conference, CPS named winners in areas such as operational excellence and online sales.

The award winners are:

— 2018 Top Gun Award: 166 Auto Auction, Springfield, Mo., Auction of the Year

— 2018 Heavy Hammer Award: America’s Auto Auction Birmingham , Birmingham, Ala., Highest Sales Retention

— 2018 Small CPS Market Top Gun Award: Manheim Northstar Minnesota, Shakopee, Minn., Auction of the Year (Lower CPS Volume Auctions)

— 2018 Operational Excellence Award: America’s Auto Auction Pensacola, Pensacola, Fla., Best Fleet/Lease Department

— 2018 Online Sales Award: ADESA Lexington, Lexington, Ky., Highest Percentage of Vehicles Sold Online

166 Auto Auction said in a news release that since its relationship with CPS began in 2015, it has earned previous awards from CPS, such as Operational Excellence (Best Fleet/Lease Department) in 2015; Heavy Hammer Award (Best Sales Retention) in 2016; Top Gun Award (Best Overall Auction) in 2017 and 2018.

“I am so proud of our team,” said 166 Auto Auction president Tom Schaefer. “Every day we go to work with one mission: to make sure our customers are well cared for and satisfied with all the products and services we provide. These awards reflect their hard work and dedication.”

CPS remarketing manager. Mike Scott said, “This year’s honorees outshined their peers by consistently going above and beyond to maximize the returns on our vehicles. It gives us great pleasure to recognize their efforts and to thank all of our auction partners. Tremendous job!”

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