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Operationsby StaffFebruary 1, 2016

Rea Family Purchases Mid-South Auction from XLerate Group

Mid-South, originally founded in 1972, was formerly owned by the Rea family and operated under the name of Rea Brothers Mid-South Auction (RBMSA) until being acquired by American Auto Auction Group (AAAG) in 2010.

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Operationsby StaffFebruary 1, 2016

Rise in Value in Surprising Segment; Trucks Losing Momentum

This week, a surprising segment opened 2016 with a price increase. Additionally, truck segments are losing momentum going into the new year,

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Operationsby StaffJanuary 22, 2016

Cox Automotive Names Senior Vice President, Corporate Development

Cox Automotive, Inc., a provider of digital marketing, software, financial, wholesale, and e-commerce solutions across the automotive industry, announced the appointment of Eric Jacobs as senior vice president, Corporate Development.

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Operationsby StaffJanuary 22, 2016

ADESA Names New Executive Director of Dealer Relations

ADESA, a business unit of KAR Auction Services, announced that Ryan Warzynski has been promoted to executive director of dealer relations for ADESA.

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Operationsby StaffJanuary 22, 2016

Trucks Face Heavier than Normal Depreciation

Trucks are facing heavier-than-normal depreciation trends while cars have also remained under noticeable price declines.

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Operationsby StaffJanuary 14, 2016

IAA Launches Improved Buyer Registration Platform

Insurance Auto Auctions, Inc. (IAA), a live and live-online salvage auto auction company, announced the launch of a newly improved buyer registration platform.

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Operationsby StaffJanuary 14, 2016

Velocicast Provides Next-Gen Simulcast Solution

Auction Frontier LLC has launched Velocicast, a next-generation simulcast service developed for the wholesale auto auction industry.

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Operationsby StaffJanuary 13, 2016

Cars Depreciate 18.2% in 2015, Trucks Stay Hot

The wholesale used-vehicle market finished 2015 stronger than expected with an average 13.2% depreciation rate for used vehicles two to six years old and trucks retaining their value 9% better than passenger cars on average.

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Operationsby StaffJanuary 13, 2016

GM Adds Online Used-Vehicle Buying Program

GM announced the company is launching the Factory Pre-Owned Collection as another example of GM’s efforts to earn customers for life.

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Operationsby StaffJanuary 8, 2016

Registration for CAR 2016 is Now Open

The Conference of Automotive Remarketing (CAR) is THE meeting place for who’s who of the remarketing community. Solidify your relationships face-to-face and fuel your business for the coming year.

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