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NewsSeptember 8, 2015

Copart Relocates Regional Office to Dubai Industrial City

Copart, Inc., an online vehicle auction company, has announced the opening of its new corporate regional headquarters for the Middle East.

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NewsSeptember 4, 2015

Compact Car Wholesale Values Continue Struggle

Entry mid-size cars actually showed a slight increase this past week, while overall, the volume-weighted car values decreased by 0.39 percent last week.

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NewsSeptember 3, 2015

IAA Adds to Leadership Team

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services announced that Tim O’Day will join the company as senior vice president of Finance reporting to John Kett, CEO and president.

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NewsSeptember 2, 2015

KAR Adds New VP to Legal Team

KAR Auction Services, Inc., named Chuck Coleman as the company’s new vice president and associate general counsel.

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NewsSeptember 1, 2015

Depreciation to Reach 14-14.5 Percent by End of 2015

The main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments.

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NewsAugust 31, 2015

September Auction in Cincinnati

More than 1,650 pieces of equipment and vehicles will be sold off at JJ Kane auctions in Cincinnati in the month of September. The auction will be held Sept. 24.

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NewsAugust 31, 2015

Manheim Riverside Opens Two New Facilities

Manheim unveiled two new offerings at a grand opening celebration at its Riverside, Calif., location. These include the indoor Vehicle Inspection Facility and the Kelley Blue Book Resource Center.

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NewsAugust 28, 2015

Finning and IronPlanet Join Forces to Expand Cat Auction Services in Canada

IronPlanet, an online marketplace for used heavy equipment and trucks, and Finning International Inc., the largest Cat dealer in the world, announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace.

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NewsAugust 27, 2015

NextGear Capital Adding 200 Jobs

The company plans to make investments exceeding $50.88 million to lease and renovate its corporate offices in Carmel, Ind., to support its growing customer service and technology divisions as well as upgrade its technology infrastructure and software.

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NewsAugust 26, 2015

Metro Auto Auctions Name Director of Sales

Bill Westlake has been named director of national commercial sales for Metro Auto Auctions. In his new role, he will work with both Metro Auto Auction locations, in Phoenix and Dallas.

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