News

BSC America Names Sales Director, Specialty Sales Division

R. Charles Nichols, president of BSC America, announced the appointment of Chuck Wenzel as sales director for the company’s Specialty Division, which includes PowerSports, Boats and RV’s, as well as Truck & Equipment Sales.

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Used Van Market Splits In Two

Residual values of full-size vans have remained strong while compact vans have weakened in the past year, creating a widening gap that has created two used van markets for fleet sellers.

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CAR 2016: First Look at Centralized Automobile Data Repository System

If you haven't booked your flights yet for the 2016 Conference of Automotive Remarketing (CAR), be sure to stay for a first look at the Centralized Automobile Data Repository System!

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Auction Sales Rise in 2016; Wholsale Prices Shy of 2011 High

Some highlights from the 2016 report include NAAA-member auction sales rose an estimated 6.3 percent to 9.3 million units in 2015. Additionally, wholesale vehicle prices were just 1.2-percent short of a 2011 high.

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GM Activates Online Used-Car Remarketing Portal

General Motors has launched its Factory Pre-Owned Collection portal to offer used Chevrolet, Buick, GMC, and Cadillac vehicles to online buyers.

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IARA Announces Executive Committee, Board Member Changes

The International Automotive Remarketers Alliance (IARA) recently announced changes to its officers and directors.

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Large SUVs Soar, Compact Vans Sink at January Auctions

Used Full-Size SUVs depreciated the least, while compact vans and Subcompact Luxury CUVs fell hardest in the auction lanes during January, according to Black Book's monthly report.

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Manheim Riverside Holds ‘100 Grander’ Vehicle Sale

The sale is expected to offer more than 150 Exotics and 100 Classic Cars, a new offering to this year’s sale.

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Full-Size Pickup Depreciation Slows; Medium-Duties Hold Steady

The full-size pickup segment experienced the least depreciation seen in the segment since September 2015 with 0.02 percent. Additionally, the medium-duty truck market held steady this past month.

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IAA Launches Customer Self-Service Portal for Total Loss Claims Management

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services, and live and live-online salvage auto auction company, announced the launch of MyVehicleClaim.com, a turnkey customer self-service tool that enhances the total loss claims experience for IAA Title Services clients

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