America's Auto Auction Acquires KCI Kansas City

The existing KCI Kansas City auction team will remain at the company after the acquisition.

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Manheim also found that certified wholesale vehicles see one-third fewer arbitrations than those...

Certifying Wholesale Vehicles Can Boost Sales

The whitepaper titled “Certification Impact on Low Grade & High Mileage Units” found that certified wholesale vehicles sell 4%-8% faster than uncertified vehicles.

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AuctionNow will bring improved auction monitoring options to the U.S. market, according to the...

IAA Brings AuctionNow Digital Marketplace to the U.S.

The platform has been in use throughout the company's Canadian operations since 2016, but it is now bringing it to the U.S. market.

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Truck Segment Values See Bigger Drop in October

Truck Segment Values See Bigger Drop in October

Overall used vehicle values, and truck values in particular, were down month-over-month in October, according to Black Book’s latest Used Vehicle Retention Index.

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New vehicle sales were down 1.8% year-over-year in October and were down 1.6% through September.

October Sales Point Toward 17M SAAR in 2019

The seasonally adjusted annualized rate of U.S. new vehicle sales could exceed 17 million units for the fifth straight year, a surprise for many, as forecasters predicted a slight drop off in 2019.

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Cox Automotive Taps New NextGear Capital President

Cox Automotive has appointed Scott Maybee as president of NextGear Capital.

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Capps Officially Promoted to Manheim Sales Leader

Holly Capps has been promoted to senior vice president of Manheim sales, reporting to Cox Automotive CSO Tim McKinley, the company announced. Capps had served as the Manheim sales leader on an interim basis since July.

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