KAR Auction Services Names New CEO
KAR Auction Services has announced that Peter Kelly will assume the role of CEO of the company effective April 1, 2021.
March 2, 2021
KAR Auction Services has announced that Peter Kelly will assume the role of CEO of the company effective April 1, 2021.
March 2, 2021
ACV Auctions has filed with the Securities and Exchange Commission (SEC) to raise up to $100 million for an initial public offering.
February 28, 2021
VW Credit, Inc. (VCI) has launched two new websites on Manheim’s digital upstream remarketing platform as a way to offer unsold pre-owned vehicles to Manheim’s base of franchise and independent buyers.
February 28, 2021
ADESA has launched a new vehicle return guarantee service in Canada for available ADESA and TradeRev dealers utilizing its wholesale digital marketplace.
February 28, 2021
U.S.-based dealers will migrate to BacklotCars, while Canadian dealers will continue operating exclusively on TradeRev.
February 28, 2021
Wholesale values continued their ascent in the final weeks of February, with nearly all reporting segments experiencing gains.
February 28, 2021
The International Automotive Remarketers Alliance (IARA) will be hosting its second virtual conference on March 18, 2021, providing a digital platform that will grant attendees access to educational sessions, a virtual exposition and networking opportunities.
February 28, 2021
With the completion of this rollout, Enterprise’s customers now have the flexibility to complete their used car purchase either by starting their purchase from the comfort of home (with delivery, where available) or completing their purchase at any of Enterprise Car Sales’ 147 U.S. locations.
February 24, 2021
The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
February 18, 2021
Ron Breslow, long-time COO for FLD Remarketing, has retired after spending more than four decades with the company that he helped build.
February 12, 2021
Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market.
February 11, 2021
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.
February 11, 2021
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.
February 11, 2021
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.
February 11, 2021
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.
February 11, 2021