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Operationsby StaffMarch 13, 2015

Global Online Auction Set to Remarket Trucks, Tractors, Trailers

Heritage Global Partners , an asset advisory and auction services and a subsidiary of Heritage Global Inc., is managing an upcoming global online auction of a fleet of 115 trucks, tractors, and trailers later this month.

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Operationsby StaffMarch 12, 2015

IARA Reinforces Stance on Multiplatform Bidding System

In light of recent announcements, the Executive Committee of the International Automotive Remarketers Alliance (IARA) issued a statement to reinforce its position on the Multiplatform Bidding System (MPS) initiative.

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Operationsby StaffMarch 12, 2015

Wholesale Prices Fell in February

Wholesale used-vehicle prices in February averaged $10,176 – down 0.3 percent compared to January but up 3.4 percent relative to February 2014.

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Operationsby StaffMarch 11, 2015

Manheim Ft. Lauderdale Grand Re-Opening Sale

Manheim Fort Lauderdale, a wholesale vehicle auction, will host a grand re-opening sale on March 13 to celebrate the completion of an exterior and interior renovation project.

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Operationsby StaffMarch 11, 2015

DAA of Alaska Leads Region for Remarketing of America

Dealers Auto Auction of Alaska was recently honored with the 2014 ROA Blue Award for the fourth quarter in the Northwest Region.

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Operationsby StaffMarch 9, 2015

XLerate Names CFO

XLerate Group announced that Tom Schuler has joined XLerate as its Chief Financial Officer.

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Operationsby StaffMarch 9, 2015

Manheim Central California Completes New Renovations

The project included an exterior and interior renovation, which included the beautification of the auction entrance area and interior remodeling.

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Operationsby StaffMarch 6, 2015

ADESA Marketplace App Now on Android

ADESA, a business unit of KAR Auction Services, announced its popular Marketplace mobile app is now available for Android users. The iOS version has been out since September 2014.

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Operationsby StaffMarch 6, 2015

Manheim Names New General Manager

Manheim has promoted Danny Brawn to general manager at Manheim Darlington, located in South Carolina.

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Operationsby StaffMarch 6, 2015

Cold Weather Brings Strength to Used SUV Depreciation

Average used-vehicle prices for model-years 2009-2013 depreciated by an average of -1.2 percent during February, the same level as the previous month, with Compact SUVs leading the month with the strongest retention at +0.9 percent, and the only segment with positive change.

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