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Associationsby StaffJanuary 15, 2019

NAAA Elevates Heon to Newly Created COO Role

The association has chosen Tricia Heon, who has been part of the NAAA for eight years, and most recently served as legislative director and operations manager, for the position.

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Operationsby StaffJanuary 14, 2019

Cox Automotive Creates Mobility Fleet Service Network

Pivet embodies the broader vision of the mobility future the Cox Automotive Mobility Group envisions, grounded in the art and science of moving people.

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Auctionsby StaffJanuary 11, 2019

XLerate Acquires Auctions in Georgia, Illinois

The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.

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Banks and Credit Unionsby StaffJanuary 11, 2019

KAR Hires VP for Recovery Database Network

KAR Auction Services has hired John Sibbitt as vice president of business development for its Recovery Database Network, which provides banks and credit unions with software and data solutions to manage repossession and the disposition value chain, KAR has announced.

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Technologyby StaffJanuary 11, 2019

Manheim Expands its Adjusted MMR to AutoIMS

The Manheim Adjusted MMR is a wholesale vehicle valuation rating that includes aspects such as a vehicle’s AutoGrade condition, exterior color, mileage, and region.

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Used Vehicle Valuesby StaffJanuary 10, 2019

Used Medium-Duty Truck Prices Stabilize

Wholesale values declined 0.3% for model years 2016-2017 and 0.2% for model years 2008-2015 in December.

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Operationsby StaffJanuary 9, 2019

2019 Consignor of the Year Voting Opens

The award is sponsored by Bobit Business Media and National Auto Auction Association; ballots will close on Thursday, Jan. 31. The winner will be announced at the 2019 Conference of Automotive Remarketing, which will be held on March 26-27, 2019 at Caesars Palace Las Vegas.

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Operationsby StaffJanuary 8, 2019

KAR Auction Services Names Kelly President

KAR Auction Services, Inc. has promoted Peter Kelly from to its newly created role of president.

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Used Vehicle Valuesby StaffJanuary 8, 2019

2018 New-Vehicle Sales Reach 17.33M

U.S. new-car dealers sold 17.33 million cars and light trucks in 2018, exceeding expectations due to a 2.2% year-over-year improvement in December.

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Used Vehicle Valuesby StaffJanuary 8, 2019

2018 Used Car Market Stronger Than Year Before

Black Book’s Used Vehicle Retention Index finished 2018 1.9% higher than in the same time in 2017.

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