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NewsFebruary 24, 2017

Carfax Earns 'Great Place to Work' Recognition

Washingtonian, a D.C.-area magazine, has named Carfax a ‘Great Place to Work’ for the eighth time in a row, according to a Carfax announcement.

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NewsFebruary 24, 2017

Australia-Based Vehicle History Product Enters U.S. Market

CarRecord will soon offer vehicle history reports in the U.S. market, the company has announced. Once it’s available in the U.S., it will provide customers with NADA Values from J.D. power Valuation Services.

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NewsFebruary 23, 2017

Georgia Man Pleads Guilty to Odometer Fraud

A Georgia man charged with operating an odometer fraud scheme that revolved around buying later-model cars at auction, tampering with the odometer reading, and then selling the cars at inflated prices has plead guilty, according to the Department of Justice (DOJ).

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NewsFebruary 23, 2017

ADESA Faced 'Challenging' Fourth Quarter

ADESA faced a “challenging” fourth quarter in 2016, CEO of KAR Auction Services Jim Hallet said during the company’s fourth quarter earnings call.

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NewsFebruary 23, 2017

KAR to Invest Up to $25M in Online Sales Platform

KAR Auction Services will invest between $20 million and $25 million over the next three years to redesign and enhance its online sales platform in a project known as New Wave.

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NewsFebruary 22, 2017

TPC Management Promotes Two Senior Executives

TPC Management Company has made two executive appointments, promoting Penny Wanna to the post of president of Auction Academy, and Jiles Wanna as vice president client services of TPC.

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NewsFebruary 21, 2017

Wholesale Truck Values Continue to Thrive, Luxury Cars Struggle

The truck segment outperformed cars and luxury car depreciation rates remained high last week, according to Black Book’s Feb. 20 Market Insights report.

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NewsFebruary 18, 2017

Subaru Earns Best Retained Value for Overall Brand Award in Canada

Subaru Canada, Inc. has won its first-ever Best Retained Value “Overall Brand Award in the Car Category from Canadian Black Book (CBB), according to an announcement from the company.

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NewsFebruary 17, 2017

Manheim Detroit to Feature Over 1,000 Trucks in Upcoming Sale

Manheim Detroit will be holding, what the company is calling, one of the largest truck-only sales on Feb. 23 at 9:30 a.m.

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NewsFebruary 17, 2017

Dan Kennedy to Retire from GM

After 39 years with General Motors — 31 of which were spent with the OEM’s remarketing organization — Manager of GM Remarketing Dan Kennedy has announced his intent to retire from the company.

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