IronPlanet CEO Named Finalist for Entrepreneur of the Year

The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.

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Black Book Adds Web Interface to ValuEngine Platform

The tool, the company stated, allows automotive industry professionals, lenders, OEMs, and dealers to value their entire portfolio through a secure, on-demand, self-service platform.

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Impact Auto Auctions Launches Mobile Auction App

Impact Auto Auctions Ltd., a business unit of KAR Auction Services, has launched its Impact AuctionNow mobile app, which enables buyers to access thousands of vehicles every week and place bids both live and online, according to a company announcement.

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CarsArrive Network Acquires Dependable Auto Shippers

KAR Auction Services' subsidiary CarsArrive has acquired the vehicle transportation business of Dependable Auto Shippers to enhance its used vehicle hauling business, the company has announced.

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Weekly Wholesale Values Fall as Spring Market Ends

Average wholesale values continued their downward trend last week, as the spring market comes to an end, according to Black Book’s May 15 Market Insights report.

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GM Financial Reports Downdraft in Used Car Values

GM Financial reported $202 million in net income in the first quarter of 2017, a 23% increase over the same time last year, despite pressure on used-car values, the company has announced.

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Smaller Cars Bolster April Depreciation

Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.

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Manheim's Used Vehicle Value Index Rises in April

A 0.5% on a month-over-month increase in wholesale used vehicle prices (on a mix-,mileage, and seasonally adjusted basis) in April, brought Manheim’s Used Vehicle Value Index to 124.7%, representing a 1.6% year-over-year increase and the first time this year that the index has risen on a month-over-month basis, according to the company.

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Carvana Expands One-Day Delivery to Chicago

Carvana has raised the total number of markets it where it offers one-day delivery to 25 with its expansion into Chicago, according to a company announcement.

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Donlen Names Winners of Top Auction Awards

Donlen recently announced the recipients of its 2016 Top Auction Awards, according to a company announcement. Manheim Mississippi took home top honors as the recipient of the Auction of the Year award, however, seven other auctions also received awards.

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