In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Ken Shilson, president and founder of the National Alliance of Buy-Here, Pay-Here Dealers. Auto Remarketing: What are the […] [Read More]

A week after making manager changes at ADESA Orlando and ADESA Los Angeles, the business unit of KAR Auction Services on Monday announced adjustments to its auction management teams at ADESA Colorado Springs and ADESA Austin, effective immediately. The company said Steve Swanson, previously general manager at ADESA Austin, has been named general manager at […] [Read More]

West Michigan Auto Auction has earned the inaugural 2016 Midwest Auction of the Year Award from the National Auto Auction Association, which is celebrating National Auto Auction Week from Monday through Friday. The Wayland, Mich.-based auction is one of four auctions from each of NAAA’s membership regions to win the award. Each regional chapter award winner receives […] [Read More]

ADESA Winnipeg has earned the inaugural 2016 Eastern Auction of the Year Award from the National Auto Auction Association, which is celebrating National Auto Auction Week from Monday through Friday.  ADESA Winnipeg — located in Winnipeg, Manitoba — is one of four auctions from each of NAAA’s membership regions to win the award, which honors excellence in […] [Read More]

With technology leveling the playing field to a degree, relationships nowadays really matter, especially when they involve how a dealer is going to get a delivery bought for their customers or how they’re going to have the floor planning for inventory. The J.D. Power 2016 U.S. Dealer Financing Satisfaction Study determined the relationships auto finance […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has successfully topped $400 million in claims paid to date. GWC Warranty’s $400 million in claims paid, combined with sister-company EasyCare’s $3.1 billion, brings the APCO Holdings claims paid total to more than $3.5 billion. “Surpassing $400 million […] [Read More]

John Kett, president and chief executive officer of Insurance Auto Auctions Inc., received the Pat Dalton Outstanding Achievement Award during the 52nd. annual SkillsUSA National Leqadership and Skills Conference in June. The award was presented before a crowd of 12,000 during the opening ceremony of the conference, which was held in Louisville, Ky. The award, which […] [Read More]

Auction sales volume has declined on a sequential basis in each of the last four months, but year-to-date it’s up 6 percent, according to NADA Used Car Guide. The four-week period ending July 25 showed auction sales volume (of units up to 8 years old) down by more than 4 percent from the prior period, […] [Read More]

Wholesale prices of vehicles up to 8 years old fell by 2.3 percent in July compared to June, tying June for the biggest monthly drop thus far in 2016. Perhaps not unsurprisingly, losses were steeper for cars than for trucks. “Price movement at the segment level followed the trend we’ve witnessed the past few months […] [Read More]

A new CRM is one of the biggest purchases any dealership can make. And like any big purchase, it’s not easy. It takes time, effort and resources to decide which system is the best fit for you. So once you’ve gone through the whole purchase process and signed with a new CRM, you can’t wait […] [Read More]