The advantages and attributes of electric vehicles are upending the traditional remarketing cycle, requiring fleet sellers to rely on new factors and approaches detailed below.
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Pittsburgh Independent Auto Auction (PIAA) has announced several major organizational changes involving its executive team.
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With industry participation exceeding expectations, Auction Academy begins its second year with the announcement that Richard Curtis will serve as its President.
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Manheim won the Product Launch of the Year award from the Technology Association of Georgia (TAG) Product Management Society for the launch of its new product Simulcast on Mobile.
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Toyota Financial Services (TFS) and Lexus Financial Services (LFS) has awarded its 2012 Premier Auction Award, the company’s highest recognition of excellence in the remarketing industry, to ten auction sites for their 2012 performances.
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KAR Auction Services, Inc., a leading provider of vehicle and salvage auction services in North America, announced that Stacey White has been promoted to vice president of enterprise optimization, effective immediately.
Read More →Spurred by seasonal buying habits from shoppers leveraging anticipated tax returns, the used-car markets saw some price increases during February.
Read More →General Motors Financial Company has named Rawls Auto Auction, Leesville, S.C., as its 2012 Auction of the Year as part of the Company’s nationwide Auction of Excellence program.
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Following a record year in 2012, American Auto Auction Group (AAAG) is pleased to announce recent changes to its executive management team. Darris McClure has been promoted to President of AAAG effective February 1.
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As Black Book staff attended the auctions, talked with many dealers, and looked at the commentary from the Black Book survey personnel, there were three main topics of interest that kept coming up (in no particular order): a strong market, the current tax season, and the rapidly climbing gas prices.
Read More →NextGear Capital, Inc., a provider of lending products and support services for the automotive remarketing industry, announced the recent closing of its $1.55 billion securitized bank facility.
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