The arrangement will help the five-lane auction develop business and expand further into the national vehicle consignor market.
Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.
The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.
CAR 2024: With skepticism and criticism of EVs growing, an expert panel will address the latest headlines to separate the media hype and distortions from the relevant facts.
The vice president of CRSimplified had founded IfThenAuto, acquired by Auction Edge in 2021.
The 30-minute podcasts of topical guest interviews is being hosted by the Greater Rockford Auto Auction.
CAR 2024: With data and digital technologies driving more business, the auction business model requires flexible leaders who can adapt.
The 34 students are on a professional journey and adventure that will take them to Dallas next month and then during 2024 to auction and remarketing businesses in Detroit, Michigan, Spokane, Washington, and Baltimore, Maryland.
2023 saw subtle yet significant shifts in the auto auction market based on key metrics.
The product leverages artificial intelligence and computer vision technology to provide a virtual overlay of any exterior damage detected on a vehicle, making it easier to spot hail, paint peel, detached panels, broken lights, rust, scratches, dents and cracks.
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