News
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
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BOCA RATON, FL – Vemark has launched a major update to its SalvageNow Web site. The site www.SalvageNow.com markets salvage vehicles to licensed buyers worldwide. This online auction solution allows businesses to trade online with other businesses seeking vehicles, removes geographical boundaries, and offers a full-service solution.
Read More →ATLANTA – With Auto Auction Services Corp.'s (AASC) latest 4.0 version of LiveCRwriter, auctions receive an inventory management tool that collects the usage patterns of condition report writers at all participating auctions. This information is provided back to the auctions with a new, improved, tabbed interface.
Read More →RICHMOND, VA – CarMax, Inc. has added a customer ratings and reviews feature on carmax.com, designed to help consumers make more informed car-buying decisions. By logging onto http://www.carmax.com/reviews, consumers can read and write reviews on specific makes and models included in CarMax's nationwide inventory.
Read More →CARMEL, IN and WESTCHESTER, IL – ADESA, Inc. has announced the closing of the acquisition of ADESA by a group of private equity funds consisting of Kelso & Company, GS Capital Partners, part of the principal investment area of Goldman Sachs, ValueAct Capital, and Parthenon Capital. As previously announced, ADESA stockholders will receive $27.85 per share in cash.
Read More →READING, PA – Penske Truck Leasing has introduced an enhanced commercial vehicle resale Web site, http://www.penskeusedtrucks.com/, with improved functionalities, including easier navigation and more information.
Read More →RICHMOND, VA – CarMax, Inc. has announced that Joe Kunkel, senior vice president, marketing and strategy, will present at the Lehman Brothers 10th Annual Retail Conference in New York.
Read More →FAIRFAX, VA – In prepared remarks submitted for the record to the Senate Committee on Commerce, Science & Transportation, the Automotive Recyclers Association (ARA) has outlined the growing national problem of vehicle title fraud, and the subsequent need for Congress to pass legislation requiring the insurance industry to report essential total loss information to a national Vehicle Identification Number (VIN) database.
Read More →WESTBURY, N.Y. – Repossessions and liquidations of tractor-trailer trucks rose nearly 8 percent in 2006 compared with 2005, according to Nassau Asset Management's NasTrac Quarterly Index (NQI). The company tracks equipment trends as part of its business providing collections, repossessions, and remarketing services to the nation's leasing and finance industry.
Read More →PALM BEACH, FL - The Barrett-Jackson Auction Company announced that the 2007 Palm Beach Collector Car Event raised more than $500,000 for various local and national charities. The 5th annual South Florida auction was held from March 28 - April 1, 2007, and featured nearly 600 of the world's finest collector cars.
Read More →MT. ARLINGTON, N.J. – Jim Moran, owner of JM Family Enterprises and recipient of the first annual International Automotive Remarketers Alliance (IARA) Circle of Excellence award in 2003, passed away in Hillsboro Beach, Fla., the morning of April 24, 2007 at the age of 88 — six years after he handed over the reigns of his 38-year-old JM Family Enterprises.
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