News

NAAA Increases Merit Scholarship Funding

The National Auto Auction Association Warren Young, Sr., Scholastic Foundation recently increased the amount of its annual merit scholarships to a total of $52,000.

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Greater Rockford Auto Auction Jackpot Promo

The Greater Rockford Auto Auction launched the Consumer Portfolio Services Jackpot promotion in October for all CPS vehicles purchased.

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Edmunds.com Acquires CarCode

The technology will be deployed across Edmunds' network of dealerships nationwide and will be provided on a complimentary basis to dealers and customers.

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Detroit Auctions Vehicles to Decrease Debt

The City of Detroit is selling off more than 450 surplus vehicles through a two day auction in November.

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DRN SmartRecovery Subscriptions Available Through RDN

KAR Auction Services subsidiary, Recovery Database Network (RDN), has partnered with Digital Recognition Network (DRN).

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Calif. Vehicle Auction Brings in $1.1M

The State of California’s Oct. 8 vehicle auction brought in $1.14 million for 428 units. Revenue from vehicle auction sales are returned to vehicle-owning agencies.

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DAA/OKC Appoints Factory Manager

Ricky Wicher has been named factory manager at Dealers Auto Auction of Oklahoma (DAA/OKC).

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CAR Conference Celebrates 20 Years

If you haven't already, save the date for the 20th anniversary event of the 2015 Conference of Automotive Remarketing (CAR), to be held March 18-19, 2015 at Caesars Palace, Las Vegas.

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8 Segments Will Lead 4th Quarter Depreciation

Black Book expects luxury-level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments.

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Senator and Assemblymember Visit Manheim

To demonstrate the economic value that wholesale vehicle auctions provide to their local economy, Manheim hosted an auction visit and tour of Manheim Riverside for State Sen. Richard D. Roth (D-Riverside) and State Assemblymember Jose Medina (D-Riverside) on Tuesday, October 21.

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