Wholesale auctions sold 9.8 million vehicles worth $100 billion in 2016 with the majority coming from dealer consignment, according to the National Auto Auction Association (NAAA). The association has been surveying its members for 20 years.
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The National Auto Auction Association awarded XLerate Group Auctions with the Warren Young Scholastic Foundation award that signifies the auction group’s participation in the NAAA’s Auction Safety Certification and Lane Safety training program.
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CAR was highlighted by discussions addressing trends that will affect the future of the remarketing industry. The conference was held March 1 to 2 at the Paris hotel in Las Vegas and was held in partnership with the International Automotive Remarketers Alliance (IARA) and the National Auto Auction Association (NAAA). Photos by Steve Reed and Andy Lundin.
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The 2017 Conference of Automotive Remarketing (CAR) was host to myriad panels, discussions, and keynotes that discussed the latest trends in the wholesale remarketing industry.
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The National Auto Auction Association (NAAA) estimates that its members sold 9.9 million vehicles in 2016, a 6% improvement over the year before, according to Manheim’s 2017 Used Car Market Report.
Read More →Voting is open for the 2017 Consignor of the Year award, sponsored by the Bobit Business Media and the National Auto Auction Association. The ballot closes on Wednesday, Jan. 25, and the winner will be announced at the 2017 Conference of Automotive Remarketing, held March 1 to 2 at the Paris Las Vegas Hotel.
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Patty Stanley, ServNet's chairman of the board and owner of two ServNet auctions, has been inducted into the NAAA Hall of Fame. She received the honor during the NAAA/NRC Convention in Las Vegas in November.
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The 2017 Conference of Automotive Remarketing will feature a wide array of consignors participating in panel discussions around the most pressing topics in the vehicle remarketing industry over two days in early March, event organizers announced.
Read More →NextGear Capital honored four independent auctions during its fourth annual Auction Partners Awards ceremony for their services toward growing and supporting the overall industry and their communities.
Read More →Several Manheim Auctions were honored during the 18th annual Chase Cup for Auction Excellence Awards by Chase Auto Finance for their performance in several different categories related to vehicle remarketing.
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