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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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NewsAugust 19, 2016

Luxury Vehicles Have Faced Heaviest Pre-Fall Depreciation

Luxury vehicle segments have on average faced the biggest depreciation heading into fall over the last 10 years, according to an analysis of Black Book data.

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NewsAugust 18, 2016

KAR Names VP of Enterprise Optimization Team

KAR Auction Services has named Tim Massingale as vice president of the enterprise optimization team.

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NewsAugust 18, 2016

NAAA Honors Four Auctions for Community Service

The National Auto Auction Association (NAAA) has recognized four auctions for their excellence in community service, and presented $5,000 for each to donate to a charity of their choice.

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NewsAugust 17, 2016

United Road Names President and Chairwoman

United Road Services has named Mark Anderson at the company’s next president. He will be taking over for Kathleen McCann, who will now serve as the company’s Chairman.

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