Manheim shared on Wednesday that the United States Patent and Trademark Office recently awarded patent No. 8,230,362 to the company for its computer-assisted vehicle condition report writing system, which includes AutoGrade. Company officials said that because Manheim's patented system is designed to be both objective and accurate, it can increase customer confidence in the marketplace […] [Read More]

The challenges of title procurement are being addressed via a new product offering from Insurance Auto Auctions. IAA this week announced its launch of a suite of full- and self-service, patent-pending title procurement tools, called IAA Title Management and Title Tracker. Developed in collaboration with insurance companies, IAA said its research has led to streamlined […] [Read More]

Auction managers are signed up for school, as Auction Academy this week announced the full enrollment of its Second Class Group. Comprised of representatives from 15 independent auctions belonging to the National Auto Auction Association, the group will complete a two-year curriculum, meeting quarterly, with its first session scheduled for Nov. 29 in Nashville, Tenn. […] [Read More]

FLD announced today that it has named a director of business development. Hired to the position is Rich Mallek, who has seven years of marketing and sales experience. Mallek previously worked at a full-service interactive advertising and marketing agency in Boca Raton, Fla., and his background also includes positions with a marketing company focused on […] [Read More]

Auction Edge shared the news Wednesday with Auto Remarketing that the company has brought in a senior vice president of strategy and operations. New to the Auction Edge management team is Scott Heydon, whose background includes high-level positions at Starbucks. Heydon spent four years at McKinsey & Co. prior to his time at Starbucks, where […] [Read More]

Even as gas prices continue to rise and overall used-car price declines have picked up, according to Black Book’s Ricky Beggs, trucks continue to buck the trend. So far in September, used-car prices have dropped by 2.0 percent, compared to April when prices slid just 0.2 percent. But trucks, on the other hand, have shown […] [Read More]

Whether you are more interested in market insights and trends or advertising and digital media strategies, the CPO Forum lets you, as a dealer, customize which workshops work best for you based on your store’s needs and interests. This year’s event will feature brand-new “large-group” workshops, which are designed to be larger than our standard […] [Read More]

According to a post on the Inside Line blog from Edmunds.com, the state where dealers saw the youngest trade-ins flowing on to their lots last month was Oklahoma. The blog entry, written by automotive content editor Warren Clarke, indicates that trade-ins in this state were an average of 4.95 years old in August.  Tied for […] [Read More]

ADESA Mexico City on Tuesday announced the launch of LiveBlock at its auction located in Toluca, Mexico. Officials highlighted this is the first time ADESA’s live online purchasing tool has been available to registered Mexican dealers. ADESA recapped that via real-time audio/visual feeds, LiveBlock simulcasts a live auction as it is happening. The tool is […] [Read More]

Brasher’s Northwest Auto Auction finished the summer season with its eighth annual Checkered Flag Sale, an event that included team racing, a collector and specialty car show and auction, lively music, great food and a charity event. All of those events led up to Brasher’s signature Checkered Flag Sale on eight lanes of action. “Our […] [Read More]