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KAR Auction Services Names New CEO

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

ACV Auctions Files for IPO

ACV Auctions Files for IPO

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 Partners with Manheim for New Upstream Remarketing Sites
ADESA Canada Launches New Vehicle Return Service
BacklotCars and TradeRev Combine To Form Streamlined Dealer-to-Dealer Marketplace
Wholesale Values Continue to Climb in February
IARA Set to Host Second Virtual Conference

IARA Set to Host Second Virtual Conference

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

Enterprise Launches Digital Car Sales Platform

Enterprise Launches Digital Car Sales Platform

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

Wholesale Prices Jump Early in 2021

Wholesale Prices Jump Early in 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

FLD Remarketing’s Long-Time COO Breslow Retires
Wholesale Prices Start Strong in February

Wholesale Prices Start Strong in February

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 Group Opening New Memphis Location

Dealers Auto Auction Group Opening New Memphis Location

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

Richmond Auto Auction Awarded for Industry Accomplishments
Manheim Releases New Digital Platform to Streamline Wholesale Purchases
Manheim Announces New Auction Leadership Changes

Manheim Announces New Auction Leadership Changes

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