OPENLANE, Cox Automotive, and a Tennessee auto auction all make management moves in the last month.
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The vehicle reconditioning executive worked in the automotive auction industry for more than 50 years and was the founder of CARS Recon, Inc.
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The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.
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Jim McAnally has held key positions for companies such as Manheim, Toyota/Lexus, and XLerate Group.
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The consulting company will help the Tennessee-based auction operation reach a broader range of customers.
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DAAG expands its footprint to nine locations throughout the Southeast.
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Dealers Auto Auction of Memphis will be moving to their new auction facility in February 2021, which sits on more than 100 acres operating six selling lanes with full reconditioning and mechanical services.
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Copart has added 19 acres of land to its Memphis, Tenn. location in its latest expansion. So far this year, the company has opened over 12 new yards and expanded over seven of its existing locations, according to the company.
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Southeast-region auctions are seeing a seasonal increase in values driven by tax-return-driven buying at dealer lots, but say the spring bump isn't as pronounced in 2017 in part due to the delay by the IRS to issue returns in late February.
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ADESA has named Harold Chapman as the new GM at ADESA Nashville, and he assumed the role effective immediately.
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