Auto-ISAC has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Homeland Security (DHS) to collaborate and improve cyber-threat information sharing and analysis, according to a company announcement.
Read More →ADESA has launched a rewards program that allows its customers to earn points when they purchase qualifying vehicles and specialty units at physical ADESA auctions in the U.S. and through the company’s website.
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After a few weeks of rising depreciation, truck and car depreciation appear to be stabilize, according to Black Book’s Jan. 29 Market Insights report.
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In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.
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Following the record consignor attendance that last year’s Conference of Automotive Remarketing (CAR) garnered, the International Automotive Remarketers Alliance (IARA) will be holding a consignor-only group discussion on the first day of the 2018 CAR.
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KAR Auction Services has named John Hammer as president of ADESA following a resignation of Stéphane St-Hilaire, who served as CEO and president of ADESA since 2014.
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Jose Delgado has been promoted to senior vice president, sales and business development; Jessie Herdrich has been promoted to vice president, compliance and operations; and John Sibbitt has been promoted to vice president of operations.
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Edmunds forecasts that 1,121,932 vehicles will be sold in the U.S. through January, marking a 1.4% year-over-year decline, and representing a seasonally adjusted annual rate (SAAR) of 16.7 million.
Read More →Motorlease Corp. has promoted Jeffrey Perkins to the position of vice president of operations, where he will focus on strategic planning and analysis; relationship management; and process development and implementation.
Read More →The IARA Standards Committee is currently discussing the importance of the new safety standards that the National Auto Auction Association is working on and how it correlates with the IARA.
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