What Will the Auto Auctions of Tomorrow Look Like?

Glenn Mercer, an automotive analyst that has been in the industry for over 30 years, will lead the Auctions of Tomorrow session at the Conference of Automotive Remarketing.

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KAR Acquires Fleet Management Software Provider

The acquisition of STRATIM will supplement KAR’s portfolio of wholesale used vehicle physical, online, and digital auction marketplaces and ancillary service providers.

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Carvana Brings Next-Day Delivery to South Carolina

Carvana has added Charleston, S.C. to the list of cities that it offers next-day delivery to, according to a company announcement.

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Dealers Auto Auction Acquires Rea Brothers Mid-South Auction

Dealers Auto Auction Group (DAAG) has purchased Rea Brothers Mid-South Auction, creating one of the largest independent wholesale auto auction groups in the U.S., according to a company announcement.

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Black Book Used Vehicle Retention Index Dips 1.2%

Contrary to expectations, Black Book’s Used Vehicle Retention Index fell only 1.2% year-over-year in January, registering 113.1.

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Weekly Car Values Recover

As the tax season begins to roll in, stronger sales at auction resulted in some of the lowest depreciation for cars seen this year, according to Black Book’s Feb. 5 Market Insights Report.

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Auction Academy Adds IARA Certification Course

Auction Academy’s has added the International Automotive Remarketers Alliance’s (IARA) CAR Certification to its two-year training curriculum, effective immediately, according to a company announcement.

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IARA Town Hall Session at CAR Addressing Cybersecurity

As the technology equipped in cars continues to grow and evolve, data privacy will become a key concern for vehicles at wholesale. The remarketers of tomorrow will need to know how to properly deal with the information stored in vehicles.

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AutoIMS Names New COO

Venkat Krishnamoorthy has been promoted to COO after most recently serving as CIO. In his new role, he will continue to contribute to the company’s strategy team and oversee all facets of the technology team as well as contract management and compliance for AutoIMS.

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Autotrader Lists Top 10 CPOs for 2018

To narrow down the list of used cars with many of the perks of a new model, Autotrader’s editors named the 10 Must-Shop Certified Pre-Owned Cars and 10 Must-Shop Certified Pre-Owned Luxury Cars for 2018 that they consider to be “good as new.”

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