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Friday, April 3, 2020 - 1:31pm
Dr. Benjamin Flusberg, Manheim
Wednesday, March 4, 2020 - 3:14pm
Wednesday, March 4, 2020 - 3:14pm
Auto Remarketing Staff
Vehicle buyer and seller marketplace IAA has completed the integration of SpinCar Feature Tour into its online auction platform, and the company says buyers will be able to quickly identify features and options present on each listed vehicle. IAA said the integration enhances the recently launched IAA 360 View. In... Read More
Wednesday, March 4, 2020 - 2:48pm
Wednesday, March 4, 2020 - 2:48pm
Auto Remarketing Staff
KAR Global chief client officer and longtime auction industry executive Tom Caruso plans to retire this month, the company announced Wednesday. Caruso’s four decades in the auction business has included time as ADESA’s president and chief executive officer, its chief operating officer and president of the... Read More
Wednesday, March 4, 2020 - 12:21pm
Wednesday, March 4, 2020 - 12:21pm
Auto Remarketing Staff
While the overall reading made just a modest rise month-over-month, Black Book spotted a couple of elements within its February Used Vehicle Retention Index that analysts deemed to be a bit “surprising.” This week, Black Book released its latest index update, reporting that the overall reading from February... Read More
Tuesday, March 3, 2020 - 4:59pm
Tuesday, March 3, 2020 - 4:59pm
Joe Overby, Senior Editor
In light of Tuesday morning’s devastating and deadly tornadoes that hit Tennessee, the auction community in the Nashville area was assessing the impact. Matt Trapp, Manheim’s regional vice president for the East, confirmed in a statement that Manheim Nashville, located in Mount Juliet, was... Read More
Tuesday, March 3, 2020 - 1:46pm
Tuesday, March 3, 2020 - 1:46pm
Auto Remarketing Staff
Vehicle buyer and seller marketplace IAA and claims management technology company Snapsheet say their new integrated partnership will reduce the time insurance carriers take to process claims for total loss vehicles. The companies say the integration combines IAA’s total loss claims and salvage services with... Read More
Tuesday, March 3, 2020 - 12:59pm
Tuesday, March 3, 2020 - 12:59pm
Auto Remarketing Staff
Dealers are on the hunt for inventory that matches potential-buyer preferences as we continue toward spring. As a result, the latest Black Book Market Insight report details price moves on those more popular units, including trucks and SUVs as well as sporty cars and luxury models. Black Book vice president... Read More
Tuesday, March 3, 2020 - 11:49am
Tuesday, March 3, 2020 - 11:49am
Joe Overby, Senior Editor
In 1945, World War II came to an end, kicking off an era of economic expansion in the United States that would eventually include the auto industry. That same year, a one-lane auto auction opened in southern Pennsylvania. Less than 15 years later, with the auto industry humming along, Manheim Auto Auction was the... Read More
Tuesday, March 3, 2020 - 8:54am
Tuesday, March 3, 2020 - 8:54am
Joe Overby, Senior Editor
In light of the COVID-19 coronavirus outbreak, KAR Global is taking a precautionary measure, announcing a temporary air travel restriction for its employees through March 31. In a news release, KAR stressed that this temporary measure is a proactive one, and “not in response to any heightened or specific threat of... Read More
