On October 12, 1995, at State Line Auto Auction, in Waverly, N.Y., the first vehicles ever offered both “live” and “electronically” were processed at a General Motors closed auction.
Read More →
Auction Academy completed three separate sessions this summer and looks to finish the 2015 curriculum with a joint-class session in Detroit for the fall.
Read More →
ADESA recently broke ground on its 65-acre Hoffman Estates, Ill.-based ADESA Chicago facility, scheduled to open in Summer 2016.
Read More →
Mid-size SUVs from the 2010 to 2014 model years recorded the highest depreciation in August, slipping 3 percent from July to $18,650, while compact pickups increased in value during the month, according to Black Book.
Read More →
Copart, Inc., an online vehicle auction company, has announced the opening of its new corporate regional headquarters for the Middle East.
Read More →
Entry mid-size cars actually showed a slight increase this past week, while overall, the volume-weighted car values decreased by 0.39 percent last week.
Read More →Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services announced that Tim O’Day will join the company as senior vice president of Finance reporting to John Kett, CEO and president.
Read More →
KAR Auction Services, Inc., named Chuck Coleman as the company’s new vice president and associate general counsel.
Read More →
The main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments.
Read More →
More than 1,650 pieces of equipment and vehicles will be sold off at JJ Kane auctions in Cincinnati in the month of September. The auction will be held Sept. 24.
Read More →
