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Manheim made its first digital sale a little over 20 years ago. Over the past 20 years, the company's digital sales have grown from fewer than 100 annual digital sales to over 600,000.
May 17, 2019
Kevin Stumm will serve as the general manager of ADESA Des Moines while Jeff Brinkley will serve as GM of ADESA Salt Lake.
May 16, 2019
Pierre Pons, who served as ServNet's CEO for 12 years, will step down as the organization transitions into a single executive director-led structure.
May 15, 2019
As part of its 20-year anniversary, Openlane has a series of new enhancements, releases, and promotions planned for the duration of this year.
May 14, 2019
Overall car segment values were down 0.08%, compared to a 0.08% increase the week before. Overall truck segment values were up 0.09%, compared to an increase of 0.05% the week before.
May 14, 2019
Manheim announced a new integration designed to make it easier for dealers to schedule transportation for vehicles they buy at wholesale. Manheim's buyers now have seamless access to Central Dispatch's digital shipping platform to directly list vehicles on Central Dispatch.
May 14, 2019
Alliance Auto Auction will build its fifth auction facility in Texas — a six-lane facility on the northeast side of Austin, the company's CEO has announced.
May 13, 2019
For ADESA, moving more of its sales toward digital is a way toward safer auctions.
May 10, 2019
The Kansas City vending machine marks the first vending machine in Missouri and the 18th machine in the U.S.
May 9, 2019
Following this Q1 start, the managing board of Sixt confirms its outlook for the entire fiscal year of 2019 and plans investments of around 8 billion euros ($9 billion).
May 9, 2019
KAR Auction Services' ADESA business unit sold 367,000 vehicles through a digital channel in the first quarter of 2019, an increase of 58,000 year-over-year.
May 8, 2019
Gains last week were minimal, remaining essentially flat from the week before, signaling an end to the price gains the market has experienced.
May 7, 2019
Total U.S. rental car revenues increased 7%, compared to the first quarter of 2018.
May 7, 2019
Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.
May 6, 2019
By changing the structure and way its auctions operate; implementing a safety mascot inspired by Disney, and adopting a organization-wide culture of safety, KAR reduced its accident rates by 60%.
May 6, 2019