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NewsJune 1, 2017

Manheim Orlando Saves $133K in Energy Costs

Manheim Orlando will save $133,000 per year by using indoor and outdoor LED lighting at its 268-acre auction facility, Manheim has announced.

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NewsJune 1, 2017

ADESA Promotes Three to General Manager

ADESA has named three new general managers at its Arizona, Tennessee, and Florida auctions, according to a company announcement.

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NewsMay 30, 2017

XLerate Group Names New GM of Badger State Auto Auction

The XLerate Group's Tom Francois will succeed Tim Netz — who is retiring after 18 years of service — as general manager of Badger State Auto Auction in Fond du Lac, Wis.

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NewsMay 30, 2017

Accelerating Car Depreciation Reverses Recent Strength

The rate of depreciation among car segments continued to accelerate last week, particularly among mid-size, full-size, and subcompact cars, according to Black Book’s May 29 Market Insights report.

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NewsMay 26, 2017

Copart to Continue Expansion Activity in 2017

In anticipation of future volume and to stay prepared in the event of future catastrophic events, Copart plans to continue its expansion activity this year, according to the company’s recent quarterly earnings call.

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NewsMay 25, 2017

New-Vehicle Sales to Remain Flat in May, KBB Says

New-vehicle sales in May are expected to total 1.53 million, essentially flat compared to the same time last year, according to Kelley Blue Book.

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NewsMay 25, 2017

Carvana Adds Next-Day Shipping to S.C. Markets

Carvana has expanded its next-day delivery in the Southeast region by giving South Carolina car buyers in Columbia and Greenville access to next-day delivery, the company announced.

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NewsMay 24, 2017

K-Bid Offering Over 300 Collector Cars

More than 300 collector vehicles will be available for the next month through North Central Services’ Auto Liquidation South Dakota 2017 sale on K-Bid.com.

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NewsMay 24, 2017

Insurance Auto Auctions Expands Two Ga. Auctions

Insurance Auto Auctions, Inc. is adding a combined 49 acres to its Savannah and Tifton, Ga. facilities, according to a company announcement.

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NewsMay 24, 2017

Small Car Values Decline as Summer Approaches

As the market approaches the tail end of the spring season, wholesale values for both cars and trucks are on the decline, according to Black Book’s May 22 Market Insights Report.

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