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NewsJune 5, 2015

NextGear Capital Opens Canadian Office

NextGear Capital, a Cox Automotive company, recently held a ribbon-cutting ceremony to recognize the grand opening of its new Canadian office in Mississauga, ON.

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NewsJune 5, 2015

Vincentric Announces Best Fleet Value in Canada

The fourth annual Vincentric Best Fleet Value in Canada awards were announced. Ford Motor Company and Toyota Motor Corporation topped the list.

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NewsJune 5, 2015

ADESA Changes Two Pennsylvania Auction Names

In June, the auction in Mercer, Pennsylvania, located about an hour north of Pittsburgh, will change its name from ADESA Pittsburgh to ADESA Mercer. In July, the recently acquired Pittsburgh Auto Auction will change its name to ADESA Pittsburgh.

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NewsJune 5, 2015

Average Wholesale Prices Fall in May

Only full-size vans, Mini SUVs, and full-size SUVs had month-over-month increases in average prices.

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NewsJune 4, 2015

KAR Auction Services Expands Digital Services Group

KAR Auction Services, Inc., a provider of used-vehicle auction services, has expanded the company's Digital Services Group with the acquisitions of Autoniq and MobileTrac, which is doing business as instaVIN.

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NewsJune 3, 2015

New Transportation Logistics Tools in AutoIMS

Ready Auto Transport has released a new set of transportation tools now available within AutoIMS, remarketing technology application powered by Auto Auction Services Corporation (AASC).

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NewsJune 2, 2015

Manheim Unveils Auction Enhancements

Manheim has announced the nationwide rollout of 2nd Chance Sale, a new app that allows customers to easily access and make offers on unsold vehicles after they cross the auction block, as well as the introduction of a new gate pass process.

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NewsMay 29, 2015

XLerate Acquires Greater Kalamazoo Auto Auction

The Michigan auction joins XLerate’s established group of dealer-centric auctions with physical and satellite sale operations in California, Texas, Florida, South Carolina, Mississippi, and Wisconsin.

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NewsMay 29, 2015

All Car Segment Resale Values on the Decline

More signs are on the horizon that the summer slowdown is taking shape. All car segments saw a decreasing change in values this past week, and comments straight from the lanes showed dealer inventories are at levels that make for a more discriminating buyer at auction.

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NewsMay 29, 2015

ADESA LiveBlock Mobile App Now on Android

The LiveBlock mobile app is very similar to LiveBlock on ADESA.com, which simulcasts vehicles worldwide via real-time audio and video feeds.

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