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Manheim made its first digital sale a little over 20 years ago. Over the past 20 years, the company's digital sales have grown from fewer than 100 annual digital sales to over 600,000.
Kevin Stumm will serve as the general manager of ADESA Des Moines while Jeff Brinkley will serve as GM of ADESA Salt Lake.
Pierre Pons, who served as ServNet's CEO for 12 years, will step down as the organization transitions into a single executive director-led structure.
Alliance Auto Auction will build its fifth auction facility in Texas — a six-lane facility on the northeast side of Austin, the company's CEO has announced.
KAR Auction Services' ADESA business unit sold 367,000 vehicles through a digital channel in the first quarter of 2019, an increase of 58,000 year-over-year.
By changing the structure and way its auctions operate; implementing a safety mascot inspired by Disney, and adopting a organization-wide culture of safety, KAR reduced its accident rates by 60%.
The new location sits atop 13 acres of land near major thoroughfares in neighboring Toluca, the company announced.
The new facility will serve customers in Washington, D.C.; Richmond; and Charlottesville.
Insurance Auto Auctions has appointed Vance Johnston as its new chief financial officer.
Manheim cut the ribbon on a new, 80,000-square-foot body shop and reconditioning center at the auction provider’s Orlando, Fla., center Tuesday. The new facility is the product of a nearly $5 million investment in Manheim’s second largest wholesale location.
Insurance Auto Auctions, Inc. has opened IAA Lexington, its fourth location in South Carolina, in order to accommodate its newly expanded customer volume needs.
Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.
Expanded auction facilities are based in Huntsville, Alabama; Little Rock, Arkansas; Minneapolis/St. Paul; Long Island, New York City; and Houston.
Following a lower-than-expected February, Cox Automotive is forecasting March U.S. auto sales volume to hit 1.547 million, an increase from last month, but a nearly 7% decline from March 2018.
Insurance Auto Auctions, Inc. will set up an innovation hub in a partnership with technology incubator 1871 called IAA Engine House that will serve as an idea-generation and development center for the company.
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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