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Used Vehicle Valuesby StaffNovember 23, 2020

Overall Wholesale Value Softening Slows

Volume-weighted, overall car and truck segments both experienced continued softening in values, but rate of decline slowed with the overall market decreasing by 0.52% this past week.

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Auctionsby StaffNovember 22, 2020

Copart Opens New North Carolina Auction

The new Lumberton location consists of 89 acres. Eligible buyers can register and join auctions to bid on inventory through the Copart website or via the Copart Mobile App for iOS and Android devices.

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Auctionsby StaffNovember 22, 2020

McConkey Auction Group Acquires ABS Auto Auctions

McConkey Auction Group (MAG) has acquired ABS Auto Auctions, which remarkets over 40,000 vehicles annually, expanding the auction group’s U.S. footprint.

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Technologyby StaffNovember 22, 2020

KAR Expands Digital Services with New Acquisition

KAR Auction Services has acquired BacklotCars, expanding the auction company’s digital transformation strategy with the new digital dealer-to-dealer platform.

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Auctionsby StaffNovember 22, 2020

Tallahassee Auto Auction Names New General Manager

BSC America has named Ben Winkler as the new general manager for its Tallahassee Auto Auction operation in Tallahassee, Fla. 

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Used Vehicle Valuesby StaffNovember 10, 2020

Wholesale Prices Show Seasonal Strength Through October

Wholesale used vehicle prices increased 0.47% month-over-month in October, bringing the mid-month Manheim Used Vehicle Value Index to 161.9, a 15.4% increase from October 2019.

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Technologyby StaffNovember 8, 2020

KAR Expands Data-Powered Recommendations with TradeRev Partnership

KAR Auction Services has amplified its “recommendations carousel” on ADESA.com to include dealer trade-ins from TradeRev

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Auctionsby StaffNovember 8, 2020

Manheim Runs Pilot Program for Physical Sales

The restart of physical auction sales will look different for each location and comes with limitations intended to protect the health and safety of team members and clients.

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Auctionsby StaffNovember 8, 2020

Charleston Auto Auction Names Specialty Sales Remarketer

XLerate Group Auctions’ Charleston Auto Auction in South Carolina has hired Andy Shaffer as specialty sales/fleet lease remarketer, who brings an extensive amount of knowledge in the specialty and auto remarketing industry. 

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Auctionsby StaffNovember 8, 2020

America's Auto Auction Honors Greenville Auction Fleet & Lease Manager

America’s Auto Auction has given its November Spotlight Award to Mechelle Montgomery, fleet/lease manager at America’s Greenville auction in South Carolina, who has worked for the auction since 2007.

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