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Manheim Adds Enhancements to Digital Platform

Manheim Adds Enhancements to Digital Platform

Manheim has released three new enhancements to its digital marketplace by adding significantly more images on vehicles checked in at a physical location; the opportunity to more easily transact at below-floor prices; and an additional sale format.

September 11, 2020

Wholesale Values for Cars & Trucks Lose Momentum in September

Wholesale Values for Cars & Trucks Lose Momentum in September

Volume-weighted, overall car and truck segments both showed signs of slowing down after 15 consecutive weeks of increases, with the overall market increasing by only 0.03% this past week (compared to 0.27% the prior week), according to Black Book’s recent Market Insights report.

September 11, 2020

In Memoriam: Larry Hedrick, NAAA President & NASCAR Team Owner

In Memoriam: Larry Hedrick, NAAA President & NASCAR Team Owner

Larry Stephen Hedrick, past president of the National Auto Auction Association (NAAA), founder of Statesville Auto Auction, and former NASCAR team owner, passed away Monday, Aug. 31, 2020, following a battle of Acute Leukemia.

September 11, 2020

Wholesale Prices Continue Record Highs in August

Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.

September 9, 2020

IARA 2020 Virtual Summer Roundtable Examined Future of the Industry
America’s Auto Auction St. Louis Recognizes Fleet & Lease Manager

America’s Auto Auction St. Louis Recognizes Fleet & Lease Manager

Evans stepped into the role as head of the fleet & lease department in April 2019 and has been hailed for his success in building the commercial segment of the business while guiding customers through the challenges of doing business in a COVID-19 climate, according to America’s Auto Auction

August 28, 2020

Black Book Integrates with New Centralized Auction Management Software
Cars & Trucks See Thirteenth Week of Wholesale Growth
AutoIMS Launches Comprehensive Mobile App

AutoIMS Launches Comprehensive Mobile App

Auto Auction Services Corp. (AutoIMS) announced a new mobile application that is designed to offer users vital data and features of the company’s inventory management system in the palms of their hands.

August 28, 2020

Auction Academy Continues Courses in Virtual Format
Conference of Automotive Remarketing Experience Reveals Virtual Schedule
Wholesale Values on Track to Hit Record Setting Levels

Wholesale Values on Track to Hit Record Setting Levels

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.

August 18, 2020

IARA 2020 Summer Virtual Roundtable Conference Opens Thursday
Auction Sales Volumes Stabilize

Auction Sales Volumes Stabilize

Auction sales volumes have rebounded to a level consistent with, and on some days higher than, this time last year, despite most auctions continuing to operate under an all-digital platform.

August 15, 2020

Greater Milwaukee Auto Auction Names GM

Greater Milwaukee Auto Auction Names GM

Veronica Kireem was named the auction's GM in July, and has 25 years of automotive experience, including time in corporate, dealership, and auction roles.

August 15, 2020