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NewsDecember 14, 2015

Texas Plumber Sues Over Truck Used by Syrian Extremists

The black Ford F-250 started life as a truck for a Texas-based plumbing company, carrying pipes, toilets and other ilk. Until, that is, it appeared as the focal point of a tweet from a supposed extremist last December.

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NewsDecember 11, 2015

KAR Auction Services Announces 2 New VPs

Carmel, Ind.-based KAR Auction Services, Inc., a provider of used-vehicle auction services, announced today that it has hired Toby Hahn as the vice president of total rewards and promoted Brad Jokovich to the role of vice president of human resources.

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NewsDecember 10, 2015

Heavier Depreciation Pushes Values Lower in November

Used vehicles depreciated 2.8% in November during a month that typically sees higher depreciation as vehicles lose greater value toward the end of the year, reports Black Book.

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NewsDecember 10, 2015

ARI Announces Auctioneer of Distinction

ARI presented its "ARI Auctioneer of Distinction" award for dedication to the fleet services provider and dealers in the auction lane.

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NewsDecember 9, 2015

KAR Auction Services CFO Honored

Eric Loughmiller, executive vice president and chief financial officer of KAR Auction Services, Inc., received the Indianapolis Business Journal’s 2015 CFO of the Year award in the public companies category.

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NewsDecember 9, 2015

Manheim to Launch New Market Structure in 2016

Effective Jan. 1, 2016, the inventory services provider will split its operating locations into two divisions: Local & Mobile and National.

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NewsDecember 3, 2015

FLD Inc. Promotes Miller to CFO

FLD Inc. has announced the promotion of Rita Miller to chief financial officer. Miller joined the remarketing company in 2008.

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NewsDecember 3, 2015

Liquid Motors Launches Service for Aged Inventory

Liquid Motors has partnered with numerous independent auto auctions to provide a new service to auto dealers in the United States.

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NewsDecember 2, 2015

Cox Automotive to Invest in Mahindra First Choice Wheels

With India’s growing new-vehicle market making way for accelerated growth in its used-vehicle market, Cox Automotive has made a strategic investment in Mahindra First Choice Wheels Ltd.

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NewsNovember 26, 2015

Cox Automotive Presents Community Impact Award

With community service acting as a guiding principle for how it operates its businesses, Cox Automotive presented its inaugural Community Impact Award to Joey Huang of Great Lakes Auto (Ashtabula, Ohio) at the 2015 National Remarketing Conference (NRC).

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