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Remarketing professionals had plenty of opportunities to network at the 2018 Conference of...

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2019 Consignor of the Year Voting Opens

The award is sponsored by Bobit Business Media and National Auto Auction Association; ballots will close on Thursday, Jan. 31. The winner will be announced at the 2019 Conference of Automotive Remarketing, which will be held on March 26-27, 2019 at Caesars Palace Las Vegas.

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PAR North America Hires SVP White

PAR North America has hired Stacey White to lead its remarketing services division as senior vice president. This appointment aims to further develop and expand PAR’s remarketing products for its customers, according to Lisa Scott, North American president.

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Cox's vAuto Acquires, Relaunches Recon Management Platform

Mike Boyd, who founded iRecon Cars, will remain with Cox Automotive as the senior director of...

Cox Automotive's dealer technology unit vAuto has acquired iReconCars and relaunched the reconditioning management platform as iRecon to help dealers and other partners improve used vehicle reconditioning efficiency and speed, the company announced.

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ALG Projects 17M New Vehicles Sold in 2019

ALG forecasts that 17 million new vehicles will be sold in 2019. This would be a slight decline...

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

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XLerate Acquires Auctions in Georgia, Illinois

The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.

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KAR Hires VP for Recovery Database Network

John Sibbitt, vice president of business development for its Recovery Database Network

KAR Auction Services has hired John Sibbitt as vice president of business development for its Recovery Database Network, which provides banks and credit unions with software and data solutions to manage repossession and the disposition value chain, KAR has announced.