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NewsDecember 20, 2017

ADESA Locations Raise $250K for Diabetes Research

ADESA has raised more than $1 million for Type 1 diabetes (T1D) research through a partnership with the Ford Global Action Team in support of JDRF, an organization with a mission to discover, develop, and deliver advances to cure, better treat, and prevent T1D.

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NewsDecember 20, 2017

Liquid Motors Adds VP of Sales

Digital vehicle remarketer Liquid Motors, Inc. has hired Keith Whetter as vice president of sales to work with the executive team to expand Liquid Motors customer base in the wholesale arena, the company has announced.

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NewsDecember 19, 2017

Wholesale Values Continue December Decline

As December progresses, average wholesale vehicle values continue to decline, with subcompact cars and subcompact crossovers leading the pack in their respective segments last week, according to Black Book’s Dec. 18 Market Insights report.

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NewsDecember 19, 2017

IAA Expands and Relocates Mississippi Auctions

Insurance Auto Auctions, Inc. (IAA) has relocated one Mississippi auction to a larger facility and expanded a second auction in the state, the salvage auction house has announced.

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NewsDecember 19, 2017

BMW Financial Sells 75% of Vehicles in Simulcast Auction

Nearly 75% of the BMW vehicles offered during Manheim's first open digital block sale for BMW Financial were sold during the auction, according to Manheim.

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NewsDecember 15, 2017

Consultant AMS to Help Alliance Auto Auction Grow Business

Auction Management Solutions (AMS) has partnered with Alliance Auto Auction for business development consulting, according to a company announcement.

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NewsDecember 14, 2017

Hurricanes Boosted Used Vehicle Values 2%

The hurricanes that swept through Texas and Florida destroyed and damaged as many as 900,000 vehicles, and the replacement activity that the catastrophic events spurred boosted retention by almost 2%, according Black Book.

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NewsDecember 14, 2017

Cost of Owning Hybrids Improves with Varied Depreciation

The total cost of owning hybrid vehicles compared to their gasoline counterparts improved in 2017 with 40% of the models studied in Vincentric's annual analysis having a lower TCO, according to the firm.

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NewsDecember 13, 2017

Carvana Expands into Fifth Fla. City

Carvana has added a fifth market in Florida in Fort Myers to the list of cities it offers next-day delivery, bringing the number of markets that Carvana is in to 42.

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Newsby Paul ClintonDecember 13, 2017

Nissan Names Gleason Fleet Sales Director

Nissan North America has named Marty Gleason its director of fleet sales. Gleason comes to the role from Nissan's pre-owned and CPO division, where he was a senior manager.

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