Auto auction industry veteran Eric Wagner will take over as the general manager of Tallahassee Auto Auction, after being appointed by Charles Nichols, the president of BSC America.
Read More →
New-vehicle sales are expected to total 1.63 million units in March, a 3% year-over-year increase, resulting in an estimated 17.4 million seasonally adjusted annual rate, according to Kelley Blue Book.
Read More →
Auto Financial Group (AFG), an online provider of financing products for credit unions and banks, has named Dave Pratt as its new remarketing manager. In this new role, Pratt will be in charge of overseeing the daily operations of the company’s remarketing department.
Read More →RMS Automotive is pursuing a strategy to further enhance velocity for its clients by integrating consignors' open sale listings with OVE and Manheim.com, according to a company announcement.
Read More →Medium-duty trucks at auction have had a shaky start to 2017, with both volume and pricing down compared to the same time last year, according to NADA Used Car Guide’s March 2017 Commercial Truck Guide Industry Update. However, with a boost in demand expected in the latter half of the year, medium-duty trucks should finish off this year in better shape than in 2016.
Read More →
Automakers recalled a record 53.2 million vehicles last year in the United States, according to the National Highway Traffic Safety Administration (NHTSA). In 2015, 51.2 million vehicles were affected by recalls.
Read More →
Full-size cars, sporty cars, and compact vans were the only vehicle segments that saw their average wholesale values increase in value last week, according to Black Book’s March 20 Market Insights report.
Read More →
February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.
Read More →Element Fleet Management recently awarded Manheim Chicago with the “Above and Beyond” Award, according to a company announcement.
Read More →Two of four vehicles stolen from Manheim Milwaukee's auction lot earlier this month were recovered after they were involved in accidents near the auction.
Read More →
