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


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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Car Values Continue to Decline at Auction

The highest depreciation within the car segment came from subcompact cars, midsize cars, and...

Overall car segment values declined 0.71% last week, compared to 0.74% the week before.The highest depreciation within the car segment came from subcompact cars, midsize cars, and near luxury cars.


Manheim Updates Express App for Dealers

Manheim unveiled its updated Express mobile app at NADA 2019 that allows dealers to gain quick access to view, bid on, and purchase vehicles from inventory listed on Manheim's marketplace digital platform.


Used Fleet Vehicle Values Increased 6.2% in 2018

Fleet consignors saw a 6.2% increase in values in December compared to a year ago, in what was...

The average prices for used fleet vehicles sold at auction increased 6.2% in 2018, despite a weaker finish to the year that saw a 0.4% decline in December, according to Tom Kontos, KAR Auction Services' chief economist.


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.


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.


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.