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Used Vehicle Valuesby StaffJuly 20, 2020

Wholesale Values Start Strong in July

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.4% comparing the first 15 days of July to the month of June, according to data published by Manheim.

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Associationsby StaffJuly 16, 2020

Keynote Speakers for IARA 2020 Summer Roundtable Virtual Conference Revealed

Topics discussed by the keynote speakers include how vehicle leasing trends are impacting the used-vehicle market and how companies can grow their business and reduce hours from their work week.

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Associationsby StaffJuly 14, 2020

IARA Details 2020 IARA Summer Virtual Roundtable Agenda

The 2020 IARA Virtual Summer Roundtable has a schedule full of virtual sessions for remarketers and consignors covering today’s hot-topic remarketing issues as well as the continued recover of the industry and the future of remarketing.

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Technologyby StaffJuly 10, 2020

AutoIMS, Privacy4Cars Establish Personal Info Deletion Services for Remarketed Vehicles

Privacy4Cars and AutoIMS are providing visibility to consignors and auctions on the removal of non-public personal information previous owners and drivers may have left in consigned vehicles’ on-board systems, including previous destinations, home address, garage door codes, contact lists, call logs, text messages, device identifiers, and more.

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Used Vehicle Valuesby StaffJuly 8, 2020

Wholesale Prices Reach Record High

Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

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Operationsby StaffJuly 2, 2020

Wholesale Prices Finish Strong in June

Wholesale market prices were strong for the last week of June, and were maintained by federal stimulus, together with still limited used-vehicle inventory.

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Operationsby StaffJuly 2, 2020

Black Book’s Tim West Honored with Ed Bobit Industry Icon Award

Tim West, Black Book’s longtime Vice President of North American Auctions, received the Ed Bobit Industry Icon Award, which honors those for their contributions to the remarketing industry.

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Auctionsby StaffJuly 2, 2020

Manheim Pennsylvania Experiences Record Demand in June

Manheim’s flagship auction location sold more than 8,200 of the approximately 10,000 vehicles offered for sale digitally during the week ending June 19, 2020. 

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Associationsby StaffJuly 2, 2020

NAAA Names Mike Stanton as Warren Young Fellow

The National Auto Auction Association (NAAA) named Mike Stanton a Warren Young Fellow, which recognized the executive vice president and chief operating officer of the National Automobile Dealers Association for dedicated support of NAAA and its member auctions. 

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Auctionsby StaffJuly 2, 2020

Dealers Auto Auction Group Expands Auction Footprint

Dealers Auto Auction Group has expanded two of their auction facilities in Tennessee and Alabama. 

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