Wholesale used-vehicle prices in January averaged $10,220 – up 3.6 percent compared to December and up 2.4 percent relative to January 2014.
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ADESA, a business unit of KAR Auction Services, announced that John Hoctor has been named senior vice president of strategic initiatives.
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The ServNet Auction Group announced the addition of its 32nd auction location: Brasher's Fresno Auto Auction in California.
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Manheim established Manheim Charlotte, an onsite auction operation at a Hendrick Automotive Group dealership in Concord, N.C.
Read More →Donlen, provider of financing and fleet management solutions, officially launched Donlen Dealer Direct, a new remarketing channel designed to improve returns for customers.
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Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.
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Robin Treadway has joined the Dealer’s Auto Auction Group’s Managing Director of Auction Operations.
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Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
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Keith Crerar will lead this division as vice president of dealer services. Crerar will report directly to Jason Ferreri, ADESA senior vice president of commercial sales.
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