Dealers Auto Auction of Memphis will be moving to their new auction facility in February 2021, which sits on more than 100 acres operating six selling lanes with full reconditioning and mechanical services.
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The awards the auction received include C&F Finance Company’s Auction of the Year, C&F Finance Company’s Highest Retention Rate, and C&F Remarketing’s Auction of the Year for 2020.
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The dashboard will include insights from Manheim.com, Simulcast, OVE, and Manheim Private Stores, giving vAuto Provision clients instant access to data insights that would previously require a full appraisal of the VIN to inform their interest and actions.
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Manheim has announced a new VP and general manager for its third-largest auction location; a general manager for its newly-created Mid-Atlantic Market Center, and the promotion of three leaders into auction manager positions in Florida and New York.
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Wholesale prices continued their decline last week through the month of January, though declines in the overall market are at a 0.21% decline, higher than historical 0.44% drops.
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Manheim is expanding and enhancing protection of digital purchases with its new Digital Buyer Protection program, designed to help dealers buy more confidently online.
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KAR Auction Services has launched a new privacy training program for its employees, and plans to gradually deploy new privacy training modules in the coming months.
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ADESA has improved its digital inspection platform, enabling on-site vehicle inspectors with an advanced, hand-held, phone-based technology and software application to capture more precise and complete vehicle information.
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His first priority is generating a greater level of consistency in the information Manheim collects and how it displays that information.
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Wholesale used vehicle prices increased in the first 15 days of January compared to the month of December, bringing up the mid-month Manheim Used Vehicle Value Index.
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