News

Corry ADE Proud Sponsors of Barber Beast on the Bay

The management team at Corry Auto Dealer’s Exchange, along with nearly 1,000 participants, is counting down the days to the third annual Barber Beast on the Bay – a fundraiser for the Barber National Institute

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Car Values Depreciate at Twice the Rate of Truck Values

While most car segments continue to face generally higher depreciation compared with trucks, according to Black Book, this past week that it’s not just smaller cars feeling heavier depreciation right now.

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Rock & Roll Sale is a Record-Breaker for DAA Northwest

DAA Northwest's 20th annual Rock & Roll Sale delivered the auction's highest volume sale ever with more than 3,100 sold of 4,400 units consigned and a 70-percent-plus conversion rate.

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Carolina Auto Auction Celebrates Summer with Annual Corn Roast

Carolina Auto Auction hosted its annual Corn Roast on June 24th featuring 1,000 vehicles for sale. About 550 dealers attended the Southeast's largest independent auto auction and ate 700 ears of corn.

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Larger Than Average Depreciation Rates

Overall, volume-weighted car values decreased by 0.62 percent the week of July 20, higher than the depreciation rate seen in the previous four weeks.

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PAR North America Receives TD Auto Finance Award

PAR North America was selected as TD Auto Finance’s Repossession Vendor of the Year for the second consecutive year.

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Used Truck Sales Up 6%

The number of used Class 8 trucks sold rose by 6% to 2,643 units in June, according to a report from ACT Research.

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Thompson Elected to ServNet's Board of Directors

Rob Thompson, owner of Mid-State Auto Auction in New York Mills, Minn., has been elected to serve a two-year term on the Board of Directors for ServNet Auctions.

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Music City Auto Auction Adds Ally Financial to Sale Lineup

Music City Auto Auction of Nashville, a subsidiary of Auto Auction Holdings LLC, announces the addition of Ally Financial to its lineup at its Spring Hill, Tenn., location.

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More Details Released on IARA Summer Roundtable

Closing session details announced with a rare gathering of VIPs on stage during the “Auction Leadership Panel."

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