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.
July 10, 2020
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.
July 8, 2020
Wholesale market prices were strong for the last week of June, and were maintained by federal stimulus, together with still limited used-vehicle inventory.
July 2, 2020
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.
July 2, 2020
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.
July 2, 2020
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.
July 2, 2020
Dealers Auto Auction Group has expanded two of their auction facilities in Tennessee and Alabama.
July 2, 2020
The International Automotive Remarketing Alliance (IARA) has opened registration for its 2020 IARA Virtual Summer Roundtable and revealed the agenda, which will be hosted virtually on Aug. 20, 2020.
June 25, 2020
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 6.6% comparing the first 15 days of June to the month of May.
June 22, 2020
The second week of June continued a story of rebounding wholesale prices, with volume-weighted overall car and truck segments both showing gains for a third week in a row, gaining 0.62% overall, Black Book reported.
June 22, 2020
KAR Global launched a new set of interactive dashboards that display retail and wholesale trends from across the remarketing ecosystem.
June 21, 2020
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
June 11, 2020
The International Automotive Remarketing Alliance (IARA) has announced that it will be transitioning its 2020 IARA Summer Roundtable Conference to be the 2020 IARA Virtual Summer Roundtable.
June 9, 2020
Topics mentioned includes the state of the wholesale used-vehicle market; how an increase in employment will boost demand in the used-vehicle market; and sales activity at auctions starting to pick up.
June 8, 2020
Direct Automotive Services (DAS), formerly Direct Auction Services, named Steve Watson as chief financial officer (CFO) effective May 6, 2020, where he oversees the financials, accounting, HR/Payroll, administration and IT departments.
June 7, 2020