News
Manheim Index Shows Used-Vehicle Wholesale Prices Up 2.1% in June
The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
Read More →The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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Texas Lone Star Auto Auction, an XLerate Group auction, has completed construction of a new 20,000 square foot reconditioning facility.
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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.
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Kevin Stumm will serve as the general manager of ADESA Des Moines while Jeff Brinkley will serve as GM of ADESA Salt Lake.
Read More →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.
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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.
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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.
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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%.
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The new location sits atop 13 acres of land near major thoroughfares in neighboring Toluca, the company announced.
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The new facility will serve customers in Washington, D.C.; Richmond; and Charlottesville.
Read More →Insurance Auto Auctions has appointed Vance Johnston as its new chief financial officer.
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