AutoIMS has appointed Robert Williams to the newly created position of chief technology officer.
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Car values continued to weaken and truck values strengthened last week, as the summer months approach.
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Autodata Solutions will integrate Black Book's vehicle build data into its software solution that's powered by ChromeData and offered to lenders, dealers, insurance companies, and auctions, Black Book has announced.
Read More →The National Auto Auction Association is ending its partnership with Cherokee Media Group for its National Remarketing Conference in the fall, the association has announced.
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Used vehicles from fleet consignors in ADESA sales increased 2% in May to $14,043 and were 5.5% above a year ago, according to monthly commentary from Tom Kontos, chief economist for KAR Auction Services.
Read More →Black Book will begin offering vehicle verification information to automotive lenders to help reduce misrepresentation about a vehicle's trim and equipped options, the valuation firm announced.
Read More →The new location, IAA Houston South, sits approximately 35 miles from Houston and will strategically enhance the company's ability to serve the growing metropolitan area and the coastal Texas areas, the company announced.
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Overall car segment values decreased 0.36% last week, compared to 0.31% the week prior. Overall truck segment values decreased 0.16%, compared to 0.08% last week.
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Tony Markese will lead Manheim's strategic direction for its reconditioning services as its new VP of reconditioning.
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The Used Retention Index for May was 114.4, which represented a 0.7% increase from the month before. This was the first increase of 2019.
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