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NewsJune 27, 2016

ADESA Raises $55,000 for Diabetes Advocacy Group

ADESA Boston has raised more than $55,000 for JDRF, a leading advocacy group for people with type 1 diabetes, during the auction’s annual charity drive, according to ADESA, a business unit of KAR Auction Services.

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NewsJune 23, 2016

Integrated Auction Solutions Acquires Two Tech Companies

Integrated Auction Solutions, LLC (IAS) has acquired the assets of AWG Simulcast and AuctionMaster Technology.

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NewsJune 23, 2016

IAA Software Streamlines Total Loss Settlements

Insurance Auto Auctions, Inc. (IAA) has launched IAA Express Notary, which allows for the electronic assignment of title documents and significantly shortens the cycle time for total loss settlements.

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NewsJune 22, 2016

KAR Receives Award for IT Innovation

KAR Auction Services, Inc. has received the CIO 100 Award for driving business value through IT innovation. Gary Watkins, CIO of IT Shared Services for KAR Auction Services, made the announcement.

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NewsJune 22, 2016

Cars, Trucks Show Steady Depreciation Rate

This week’s Black Book Market Insights report offers up data that shows how car segment depreciation has consistently picked up since January.

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NewsJune 21, 2016

Chrysler 300 Auctioned for NIADA Charity

A 2015 Chrysler 300 was auctioned off for $27,000 at the NIADA Convention and Expo on Thursday for charitable purposes.

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NewsJune 20, 2016

Automotive Finance Corp. Names President

Automotive Finance Corporation (AFC), a business unit of KAR Auction Services, Inc., has named Jim Money as its president. He most recently served as CFO of AFC and will assume his new role effective June, 25.

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NewsJune 16, 2016

Cox, NIADA Award Idaho Dealer for Community Service

Cox Automotive and the National Independent Automobile Dealers Association (NIADA) presented the sixth annual NIADA and Cox Automotive Community Service Award to Fairly Reliable Bob’s, Inc. (Boise, Idaho) during the 70th NIADA Convention & Expo in Las Vegas this week.

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NewsJune 16, 2016

NADA Used Vehicles Prices Decline in May

May depreciation accelerated as wholesale prices of used vehicles newer than eight years old fell by 2% when compared to April, but the numbers showed improvement over the 2.7% average decline captured in the month of May the last four years.

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NewsJune 15, 2016

Trucks Keep Yearly Wholesale Values Up

In May, average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks, according to ADESA.

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