The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The behind-the-scenes journey a vehicle takes from input to auction and beyond is an exciting experience. The following is a visual road map of an auction from beginning to end at Manheim's Riverside, Calif., operation. Photos by Blake Bobit and Chris Wolski.
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As part of its long-term growth strategy to invest in emerging markets, has Manheim announced that it has purchased a majority stake in CarBizz, an auction operation based in São Paulo.
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ADESA, a business unit of KAR Auction Services, announced that Trevor Henderson will fill the position of chief operating officer for ADESA Canada, effective June 16.
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Carolina Auto Auction and its dealers raised $5,000 for the Wounded Warrior Project throughout the month of May as part of its annual Support the Troops campaign.
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Vehicle remarketing has come a long way from its early “cattle” auction days. Advancements in technology have made it possible to reach a wider audience of prospective buyers.
Read More →Auction Broadcasting Company is offering a 100% Buy-Back Program to dealers who purchase vehicles from the consignment lanes at five of its auctions.
Read More →A good auction brings buyers and sellers together. But what are the best methods not only for getting the word out about a sale but ensuring that you’re creating the best possible marketplace for the vehicles on hand?
Read More →Ever wonder what happened to that old car of yours? There's a good chance that it wound up in a used car auction.
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