Jim Hallett, CEO and Chairman for KAR Auction Services, accepted the Ed Bobit Industry Icon award at a March 6 ceremony at the Conference of Automotive Remarketing (CAR) for his contribution to the industry.
Read More →
Weekly depreciation reached the lowest point seen all year this past week as smaller, lower-priced, vehicles continue to keep wholesale values strong.
Read More →
U.S. Bank has partnered with AutoGravity to create a new platform that allows consumers to shop for a new car and receive pre-approval for a loan directly on the bank’s website, according to a company announcement.
Read More →
The 2018 Conference of Automotive Remarketing (CAR) will be comprised of myriad keynote presentations and industry meetings that touch on pressing topics in vehicle remarketing, including a town hall discussion on how data privacy and cyber security threats are impacting the industry.
Read More →
Customers in Hartford, Conn.; Bridgeport, Conn.; New Haven, Conn.; and Springfield, Mass. will now have access to next-day delivery from Carvana.
Read More →
The Volkswagen Group, General Motors, and Toyota Motor Company are three of the OEMs that experienced the highest rise in average transaction price. Respectively, the three OEMs saw average transaction prices rise 7.1%, 3.5%, and 3.4%.
Read More →
Key components of that strategy will include expanding educational offerings for AutoIMS clients to share client and auction best practices; evolving and expanding the company’s Technology 2020 plan; and launching a new Client Experience initiative, according to the company.
Read More →
KAR Auction Services, Inc. will spin off its Insurance Auto Auctions (IAA) salvage auction business unit as a publicly traded company to give its leaders greater independence, according to a company announcement.
Read More →
Vehicle depreciation rates were at the lowest levels seen all year last week, as the effects of the spring market demand begin to kick in, according to Black Book’s Feb. 26 Market Insights report.
Read More →Bob White, executive vice president and COO for ARI, will discuss the latest disruptions impacting the remarketing industry at the 2018 Conference of Automotive Remarketing (CAR) at Caesars Palace Las Vegas.
Read More →
