PARS Logistics App Provides Real-Time Innovation

PARS mobile driver app allows fleet managers and fleet management companies to see real-time order updates from the minute a vehicle is picked up or delivered.

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Auto-ISAC Signs Security Agreement with Homeland Security

Auto-ISAC has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Homeland Security (DHS) to collaborate and improve cyber-threat information sharing and analysis, according to a company announcement.

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ADESA Launches Auction Rewards Program

ADESA has launched a rewards program that allows its customers to earn points when they purchase qualifying vehicles and specialty units at physical ADESA auctions in the U.S. and through the company’s website.

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Weekly Wholesale Depreciation Beginning to Stabilize

After a few weeks of rising depreciation, truck and car depreciation appear to be stabilize, according to Black Book’s Jan. 29 Market Insights report.

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Manheim's Digital Sales Reach 40% in 2017

In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.

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IARA Consignor Meeting Tackling Best Practices to Maximize Portfolio Residual Values

Following the record consignor attendance that last year’s Conference of Automotive Remarketing (CAR) garnered, the International Automotive Remarketers Alliance (IARA) will be holding a consignor-only group discussion on the first day of the 2018 CAR.

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KAR Brings Hammer Back as ADESA President

KAR Auction Services has named John Hammer as president of ADESA following a resignation of Stéphane St-Hilaire, who served as CEO and president of ADESA since 2014.

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PAR North America Announces Executive Promotions

Jose Delgado has been promoted to senior vice president, sales and business development; Jessie Herdrich has been promoted to vice president, compliance and operations; and John Sibbitt has been promoted to vice president of operations.

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Edmunds Forecasts New-Vehicle Sales Decline in January

Edmunds forecasts that 1,121,932 vehicles will be sold in the U.S. through January, marking a 1.4% year-over-year decline, and representing a seasonally adjusted annual rate (SAAR) of 16.7 million.

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Motorlease Names VP of Operations

Motorlease Corp. has promoted Jeffrey Perkins to the position of vice president of operations, where he will focus on strategic planning and analysis; relationship management; and process development and implementation.

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