Damaged Equipment expands CAS Automotive’s vehicle remarketing model to commercial equipment, targeting fleet operators, insurers, equipment dealers, and rental companies.
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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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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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KAR Auction Services, Inc., named Chuck Coleman as the company’s new vice president and associate general counsel.
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The main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments.
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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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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.
Read More →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.
Read More →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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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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Jeannie Chiaromonte, VP and national remarketing manager for Bank of America, was named president of the International Automotive Remarketers Alliance (IARA) at the 2015 Summer Roundtable held August 18-19 in Fort Worth, Texas.
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