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2019 Wholesale Values Begin to Stabilize

PAR North America Hires SVP White

PAR North America has hired Stacey White to lead its remarketing services division as senior vice president. This appointment aims to further develop and expand PAR’s remarketing products for its customers, according to Lisa Scott, North American president.

January 17, 2019

Auto Driveaway Expands into Heavy Truck Transportation

Vehicle relocation service Auto Driveaway, which serves large corporate fleets, has acquired the assets of heavy truck transport service J&J, which expands its scope in the heavy truck transportation market.

January 17, 2019

Cox's vAuto Acquires, Relaunches Recon Management Platform

Cox's vAuto Acquires, Relaunches Recon Management Platform

Cox Automotive's dealer technology unit vAuto has acquired iReconCars and relaunched the reconditioning management platform as iRecon to help dealers and other partners improve used vehicle reconditioning efficiency and speed, the company announced.

January 16, 2019

2019 Consignor of the Year Voting Opens

2019 Consignor of the Year Voting Opens

The award is sponsored by Bobit Business Media and National Auto Auction Association; ballots will close on Thursday, Jan. 31. The winner will be announced at the 2019 Conference of Automotive Remarketing, which will be held on March 26-27, 2019 at Caesars Palace Las Vegas.

January 9, 2019

Conference of Automotive Remarketing Registration Opens
Top News of 2018 on VehicleRemarket.com

Top News of 2018 on VehicleRemarket.com

The top news of 2018 included coverage on the hurricane's impact on the remarketing industry, the effects of the off-lease tidal wave, mobile technology and Manheim.

December 20, 2018

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.

November 26, 2018

Peterbilt Provides Used Truck Warranty
Hurricane Michael Could Destroy Up to 20K Vehicles

Hurricane Michael Could Destroy Up to 20K Vehicles

Due to the areas affected being less densely populated than cities affected by recent hurricanes such as Florence, Irma, and Harvey, the impact on the auto industry will be less severe than those hurricanes.

October 12, 2018

Rebranded Motus One Expands Vehicle Logistics Business

Rebranded Motus One Expands Vehicle Logistics Business

Event Solutions International will begin operating as Motus One and invest $2 million in technology to streamline 90% of the processes of the automotive mobility company that provides vehicle transportation services and event management.

September 17, 2018

Two Plead Guilty for Odometer Fraud in Mississippi

The federal criminal complaint that charged the two for odometer fraud alleged that for four years the two men had purchased vehicles from auctions, dealers, and individuals in order to alter the odometers to reflect lower mileage numbers.

September 11, 2018

Truck Repossessed After N.Y. Municipality Fails to Pay Bills