ADESA subsidiary AutoVIN chose what it dubbed to be a seasoned and experienced leadership team on Tuesday for the company’s expanded operations in Canada and the U.S. Officials highlighted the AutoVIN leadership team now is led by Richard Carpentier, chief operating officer and senior vice president of operations across North America. A familiar name in […] [Read More]

CarMax managed to keep its gross profit per used vehicle turned above $2,100 during a quarter that saw the company’s retail sales climb more than 9 percent. According to the company’s second-quarter financial statement released on Tuesday, CarMax’s total used vehicle unit sales grew 9.2 percent, and comparable store used unit sales increased 4.6 percent […] [Read More]

Dodge, in partnership with the well-known actor Danny Trejo, have organized a campaign that not only aims to boost test drives at several of its southern California locations, but will also give back to a worthy cause fitting to the locale. Via its “It’ll Test You” Hispanic marketing campaign, Dodge and Trejo have partnered with […] [Read More]

Bel Air Auto Auction has broken grown on its new facility in nearby Riverside, Md. The auction held a groundbreaking ceremony on Sept. 16, parent company BSC America announced. The new Bel Air Auto Auction facilities will tout a 75,000 square foot, 10-lane auction facility, as well as a 35,000-square-foot mechanical and body shop. BSC […] [Read More]

After holding strong values through most of the year, trucks posted the largest price decline at auction since 2014 this past week, showing signs of approaching fall. The latest Black Book Market Insights report shared truck prices dropped 0.46 percent or $73 last week, “indicating that the fall price declines might finally be in full […] [Read More]

XLerate Group, formerly known as American Auto Auction Group, announced the addition of two experienced and respected individuals in the remarketing industry to its corporate sales team.  On Tuesday, the company promoted Kelly McAllister as director of business development, joining XLerate’s newest hire Julie Heichel, who will be director of sales operations Both McAllister and […] [Read More]

“Bring Your A-Game.” That’s the slogan heading Autotrader’s new B2B advertising campaign, which the company says is a “rally cry” for dealers to capture the raw emotion behind the hard work of their businesses. The company says it’s also a reflection of its internal motivation to help its customers. “Dealers should have high expectations of […] [Read More]

American Recovery Association officials landed their keynote speaker for the next North American Repossessors Summit coming up in April. Scheduled to appear at the event with the headline sponsor Harding Brooks Insurance is Rocky Bleier, who intends to recap his courageous tale that takes place on the football fields of America and the battle fields […] [Read More]

The hammer is falling on Volkswagen in both the U.S. and Canada. VW Canada told its dealers yesterday to stop selling diesel-powered vehicles involved in an emissions-testing scandal that recently came to light. This statement comes just a few days after the U.S. Environmental Protections Agency and the California Air Resources Board revealed its findings […] [Read More]

Manheim has created a new position that will have responsibility for auction operations, digital services, vehicle solutions and product management. Named to this the newly created post of senior vice president of inventory services is Grace Huang, who had been vice president of enterprise product planning for Manheim parent Cox Automotive. Huang reports to Manheim […] [Read More]