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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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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BSC America has named Ben Winkler as the new general manager for its Tallahassee Auto Auction operation in Tallahassee, Fla.
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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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KAR Auction Services has amplified its “recommendations carousel” on ADESA.com to include dealer trade-ins from TradeRev
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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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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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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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Volume-weighted, overall car and truck segments both experienced continued softening in values, with the overall market decreasing by 0.60% this past week.
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The National Auto Auction Association (NAAA) has been elected Garrison Hudkins as its vice president for the 2020-2021 term, serving on the executive leadership team.
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