William H. Windham III, an auction industry veteran with more than 35 years of experience in the automotive space, has assumed the role.
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Copart has acquired Vincent Auto Solutions, an online auction that specializes in total-loss, fleet and damaged vehicles.
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ADESA has launched VirtuaLane auctions, a live in-lane auction virtual marketplace for customers at 20 of its physical auction locations.
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Non-prime lending firm United Auto Credit named Missouri Auto Auction its 2018 Auction of the Year.
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The new technology — Lot Vision — is a GPS-based wireless device placed in a vehicle's on-board diagnostics port. The tracking device can also be attached to a steering wheel in the event that a vehicle does not have an on-board diagnostic port.
Read More →TradeRev will condense its auction time frame from the current one-hour auction and one-hour closing period to a 45-minute auction and 15-minute closing period beginning Feb. 5, 2019.
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Eblock, a fast-growing online auction in Canada, will begin operating in the U.S. from a head office in Burlington, Vt., the company announced.
Read More →The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.
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Lake Charles Auto Auction recently reopened its 4,000 square-foot main office building after a $2 million renovation.
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Roughly 124 dealers participated in the sale, with the majority participating through digital channels. Manheim offered 118 vehicles during the sale, and sold more than half.
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