Tagged Auctions

Copart Opens Sixth Location in Brazil

Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.

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Manheim Investing $17M in Four Southern California Auctions

The $17 million investment will bring a bevy of enhancements to the Manheim California, Manheim Riverside, Manheim San Diego, and Manheim Southern California locations.

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GM Financial Names Auctions of the Year

GM Financial presented its 2016 auction of the year awards to ADESA Kansas City for Open Sale Auction of the Year and Manheim Statesville in North Carolina for Closed Sale Auction of the Year award, the company announced earlier this week.

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Tallahassee Auto Auction Names Experienced GM

Auto auction industry veteran Eric Wagner will take over as the general manager of Tallahassee Auto Auction, after being appointed by Charles Nichols, the president of BSC America.

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Southeast: Tax Season Kicks In, Cars Bounce Back

Southeast-region auctions are seeing a seasonal increase in values driven by tax-return-driven buying at dealer lots, but say the spring bump isn't as pronounced in 2017 in part due to the delay by the IRS to issue returns in late February.

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Central Auto Auction Expanding Conn. Facility

Central Auto Auction of Hamden, Conn. will open a new vehicle evaluation center, service department that specializes in tires, and a fourth lane in 2017, the auction announced.

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XLerate Acquires Pa. Auction CADE

The XLerate Group has acquired Corry Auto Dealers Exchange (CADE) from Merle Swift, which marks the group's entry into the Pennsylvania auction market, the company has announced. Terms were not disclosed.

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Insurance Auto Auctions Expands Into Seven States

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services, has announced that it will be expanding into the Arkansas, Idaho, Indiana, Louisiana, Maine, Pennsylvania, and Oregon markets.

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Manheim Opens First Arkansas Auction

Manheim has opened its first auction in Arkansas with Manheim Little Rock, and will hold weekly sales. The company's expansion into Arkansas was driven by dealer demand in an under-served area in the U.S., the company said.

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Manheim Names Three New General Managers

Manheim has appointed three new general managers at its El Paso, Texas; Birmingham, Ala.; and Omaha, Neb. locations in an effort to drive future region growth, according to a company announcement.

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