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NewsSeptember 2, 2016

Manheim Exec Joins Cox Automotive

Manheim’s senior vice president of vehicle solutions has been named president of financial solutions for Cox Automotive.

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NewsSeptember 1, 2016

KAR Adds Senior VP to Enterprise Optimization Team

KAR Auction Services has promoted Stacey White to senior vice president of enterprise optimization, where she will oversee transportation at the corporate level.

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NewsAugust 31, 2016

Sub-Compact Car Retention Rates Fall 30% in 5 Years

Sub-compact car retention rates for model-year vehicles older than two years has steadily declined in the month of August in the last five years, with 2014-model year vehicles falling about 30% more than comparable 2010-model year vehicles.

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NewsAugust 30, 2016

Manheim Names Baltimore GM

Manheim has named John Eriksen to GM of Manheim Baltimore-Washington to focus on serving clients and improving auction experience.

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Newsby Paul ClintonAugust 26, 2016

VW to Lower Prices, Will It Affect Residual Values?

Volkswagen will begin offering its new models for lower prices and provide dealers with a broader product range in a move that could lower residual values if incentives remain high, one expert told Automotive Fleet.

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NewsAugust 26, 2016

Copart Opens Third Colo. Auction

Copart's new auction is its second location in the Denver metropolitan area.

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NewsAugust 25, 2016

Impact Auto Auctions Launches Online Bidding Platform

Impact Auto Actions Ltd. has launched a website that offers its customers an online bidding platform and a way to streamline the process of sourcing and purchasing salvage vehicles.

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NewsAugust 24, 2016

ServNet Auctions Undergoing Construction

Several ServNet Auctions are changing to accommodate growing consignment numbers and improve customer service.

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NewsAugust 24, 2016

Luxury Car Retention Rates Crashing Hard

The current values of two-year old luxury cars are showing retention trends of more than three percentage points lower than prior year's retention for similar vehicles at this point in their life-cycle.

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NewsAugust 22, 2016

ADESA Auction Receives Auction of the Year Award

ADESA Northwest has been selected as the U.S. Bank 2015 Auction of the Year for the marine/RV segment.

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