In addition to five regional 2017 Auction of the Year winners, GM Financial’s nationwide Auction of Excellence program recognized Manheim Detroit as its first Most Valuable Auction of the Year. Each year, GM Financial reviews the company’s 46 auction partners to honor the highest-performing locations. Manheim Detroit's distinction is a new recognition category GM Financial added this […] [Read More]

It’s that time of year again — time to proudly state that you work at one of the finest auto auctions in the nation. Auto Remarketing invites you to participate in the third annual workplace study recognizing the best employers in the auction industry — Best Auto Auctions to Work For 2018, sponsored by CARS […] [Read More]

Copart announced Tuesday plans to expand its Tucson, Ariz. location on South Arcadia Avenue. This news of the Copart Tucson growth follows an Arizona expansion in Phoenix back in November, along with other similar moves.  "Our team in Tucson is prepared to take on a higher volume of vehicles," Copart chief executive officer Jay Adair said in […] [Read More]

Manheim announced Tuesday that company team members at four locations came together to provide a new Ford F-150 to the American Red Cross Desert to the Sea Region. Four Manheim locations in Southern California joined forces with its company client Remarketing by Element to raise funds as part of a campaign called “Race to Give.”  The company said the Ford F-150 will join […] [Read More]

Proactive Dealer Solutions announced Tuesday that upgraded online training videos have enhanced its BDC Central platform beyond the company’s recent application of artificial intelligence and other fresh features. Proactive’s training videos for business development representatives (BDR) have been enhanced using data and analysis from thousands of business development centers (BDC), the company said. Its updated […] [Read More]

Both Cox Automotive senior economist Charlie Chesbrough and Autotrader executive analyst Michelle Krebs each shared a cautionary reaction on Tuesday morning just hours after General Motors announced that the automaker will begin reporting its U.S. vehicle sales on a quarterly basis, effective immediately. Contained in the closing segment of what evidently is its last monthly […] [Read More]

To streamline how dealers request and receive pre or post-sale services, Columbus Fair Auto Auction (CFAA) announced Tuesday that it now offers clients a mobile-friendly dashboard. The new dashboard — the Dealer Service Center (DSC) —- is accessible through CFAA.com. CFAA services available through DSC include title assistance, transportation, recon, mechanical services and arbitration requests. Via DSC, dealers […] [Read More]

Now with one quarter of 2018 in the books, Black Book and Fitch Ratings released their latest joint vehicle depreciation report. Along with three other major findings, Black Book forecasted an annual depreciation rate of 17 percent in 2018 as the supply of used cars and trucks increases, up from a lower-than-expected 13.2 percent experienced […] [Read More]

If lately you’ve noticed faster performance by your smartphone on Verizon’s mobile network, you might also be encouraged if your collateral is monitored by PassTime. GPS solutions provider PassTime recently highlighted its all-new TRAX 6 device, what the company said is the industry’s first LTE Category M GPS tracking device serving franchised, independent and buy-here, […] [Read More]

Along with its monthly update on the specialty markets, the latest Black Book Market Insights report showed that cars are seeing gains they haven’t reached in a while. Editors noticed only two car segments — luxury and premium sporty — declined this past week. Editors added that a few truck segments also saw gains, but […] [Read More]