Tagged Remarketing

Copart to Continue Expansion Activity in 2017

In anticipation of future volume and to stay prepared in the event of future catastrophic events, Copart plans to continue its expansion activity this year, according to the company’s recent quarterly earnings call.

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New-Vehicle Sales to Remain Flat in May, KBB Says

New-vehicle sales in May are expected to total 1.53 million, essentially flat compared to the same time last year, according to Kelley Blue Book.

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Carvana Adds Next-Day Shipping to S.C. Markets

Carvana has expanded its next-day delivery in the Southeast region by giving South Carolina car buyers in Columbia and Greenville access to next-day delivery, the company announced.

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K-Bid Offering Over 300 Collector Cars

More than 300 collector vehicles will be available for the next month through North Central Services’ Auto Liquidation South Dakota 2017 sale on K-Bid.com.

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Insurance Auto Auctions Expands Two Ga. Auctions

Insurance Auto Auctions, Inc. is adding a combined 49 acres to its Savannah and Tifton, Ga. facilities, according to a company announcement.

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Small Car Values Decline as Summer Approaches

As the market approaches the tail end of the spring season, wholesale values for both cars and trucks are on the decline, according to Black Book’s May 22 Market Insights Report.

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World Automobile Auctioneers Championship Winners Named

Andy White beat out a field of 15 finalists in the final round of the 2017 World Automobile Auctioneers Championship, claiming the title of 2017 Automobile Auctioneer World Champion and taking home $12,500 in prize money, according to a Manheim announcement.

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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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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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