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The winner is announced at the annual Conference of Automotive Remarketing, which this year will be held on March 24-25, 2020 at Caesars Palace Las Vegas.
The award was established in 2016 and recognizes the charitable acts that auctions perform in order to encourage greater volunteer involvement.
The 2019 Consignor of the Year award was given to Chris Clarke of ARI this year. He spoke with Automotive Fleet to talk about his win, the remarketing industry as a whole, and ARI's remarketing operations.
GM Financial has named five regional 2018 Auction of the Year winners and a winner of Most Valuable Auction of the Year.
KAR's Warren Byrd earned Remarketer of the Year, while ARI's Chris Clarke won Consignor of the Year.
Nick Peluso, president of Manheim Digital Marketplace, received the Ed Bobit Industry Icon award on Tuesday during an award ceremony at the 2019 Conference of Automotive Remarketing at the Caesars Palace in Las Vegas.
Westlake Financial Services has selected America's Auto Auction Harrisburg as its auction of the year and named five auctions that were the top in their regions in 2018.
ADESA Buffalo recently earned two Ford Auction Service Award Program (ASAP) awards for its 2018 performance.
The two awards the auction received were the Top Selling Independent Auction for 2018 and Soaring Eagle Award, which is awarded for selling over 1,000 cars on the SmartAuction digital sales platform.
The awards measure the cost-of-ownership of a vehicle using eight different cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.