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The Manheim Marketplace achieved record growth across its digital channels in the first half of 2018, including double-digit growth in digital transactions, volume and sales as wholesale vehicle buyers and sellers continue to adopt a faster, more cost-effective way to move inventory.
For every vehicle that the auction group sells in 2018, it will donate a portion of the proceeds to the foundation. The auction group's goal is to raise $50,000 this year.
Dealers Auto Auction Group (DAAG) has purchased Tri-Cities Auto Auction in Bluff City, Tenn., and will be renaming it to Dealers Auto Auction of East Tennessee.
All of the proceeds of the sale are going to the NIADA Foundation, and the vehicle will be delivered to Haus for free by ADESA. The NIADA Foundation awards scholarships to deserving college-bound students across the U.S.
The initiative began in 2014, when the company first announced that its $400 million multiple-year project to transform its auction operations. In that time Manheim brought enhancements to both its physical and digital properties.
Matt Itami will serve as the general manager of ADESA Chicago, while Cheryl Toler will serve as the general manager of ADESA Fresno.
Copart has opened a new location in Lumberton, N.C., meant to serve as a catastrophe response facility during severe weather events along the United States’ North Atlantic coastline.
U.S. Bank has awarded ADESA Dallas with its Lease Return Segment Auction of the Year award, the bank has announced.
The program, which is now in its third year, awards $1,500 to students that are attending a two-year college and $2,500 to those attending a four-year college or university.
Late-model auction volume was down 1.6% year-over-year in April, according to J.D. Power’s May Used Car and Light Truck Guidelines.
The last 2018 Dodge Challenger SRT Demon and 2017 Dodge Viper will be auctioned off at Barrett-Jackson's Northeast auction as part of a charity sale, according to the auction company.
Insurance Auto Auctions, a business unit of KAR Auction Services, has opened a new branch in Casper Wyoming, according to a company announcement.
Consignors throughout the country have presented accolades to a number of ServNet auctions through the first four months of the year, according to a ServNet release.
The sale was a joint effort between Manheim San Diego and Toyota / Lexus Financial Services titled the “Heroes of History” Event Sale. The sale was held on March 27 and offered 175 pre-owned, late model Toyota and Lexus vehicles for sale.
Coates will come to Los Angeles after serving six years as general manager of ADESA San Diego. In total, Coates has over 25 years of auto remarketing industry experience.
As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing. As we look back at 100 years of Chevy truck history, here’s a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date. Photos courtesy of General Motors.
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