Metro Auto Auction of Phoenix has joined the ServNet Auction Group — a network of more than 50 independent wholesale auto auctions, the company announced.
The tax season had a late start in the southwest market. The boost in sales — which has been described as a steady increase as opposed to a spike this year — that auctions typically begin to see in February did not arrive until March.
Russo and Steele will be offering the first functional Ford GT prototype at its January auction in Scottsdale, Ariz.
Manheim has appointed four general manager positions at locations in Georgia, Arizona, and New Mexico.
A higher portion of pricier off-lease units that made their way onto the market in September, along with higher truck prices, which resulted in a flat wholesale market for the month in the Southwest region.
Manheim Tucson and several franchise dealers from Southern Arizona raised over $30,000 for a dealer-only charity car auction to benefit a dropout prevention program.
Wells Fargo Auto Finance recently named ADESA Phoenix as Auction of the Year, Southwest region.
As part of a national expansion, Total Resource Auctions, a subsidiary of Manheim, will acquire four salvage auction companies operating at 11 locations.
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