Manheim Auctions Celebrating Oktoberfest

Twelve Northeast Manheim locations are participating in a four-week, Oktoberfest-themed celebration, which is offering pre-sale and post-sale giveaways, prizes and unique buying/selling opportunities.

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KAR Names VP of IT Shared Services

KAR Auction Services announced today that it has promoted Gary Fields to vice president of KAR IT Shared Services (ITSS).

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Black Book: Car Depreciation Shows Signs of Slowing

The car segment retained its wholesale value well last week, as the wholesale value of 2008-2014 model-year cars decreased by 0.68% last week.

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Manheim Offering Enhanced Vehicle Imaging at 74 Auctions

Manheim has nearly tripled the number of auctions offering Enhanced Vehicle Imaging (EVI), expanding from 25 to 74 locations throughout North America, the company announced this week.

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Kontos: Average Wholesale Price in August Up 4.6% YOY

The average wholesale price in August was $10,738, a 0.6% decline from July but a 4.6% increase from a year ago, according to ADESA Analytical Services.

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ADESA Names Director of Dealer Relations

ADESA announced that Trent Strauss was promoted to director of dealer relations for the company.

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Manheim Raises $16K for Veterans

Manheim Milwaukee raised $16,000 to send 32 Milwaukee-area veterans to Washington, DC., as part of the auctions initiative to support veterans.

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Black Book Offers Leasing Resource

Black Book released a white paper designed to help remarketers and auto lenders identify when and where used leasing makes sense for a portfolio.

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Meeting the Challenge of Depreciation

While depreciation is the biggest fleet expense, there are steps fleet managers can take before purchasing a vehicle, while it’s in the fleet, and when it’s being remarketed that can make this expense manageable.

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IAA Developing Insurance Claims Tool

Insurance Auto Auctions, Inc. (IAA) has unveiled development of a tool that enables insurance claims staff to quickly generate an early total loss recommendation.

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