Your Top Resource for Consignor and Auction News
For ADESA, moving more of its sales toward digital is a way toward safer auctions.
The Kansas City vending machine marks the first vending machine in Missouri and the 18th machine in the U.S.
Build Data comprises "as built" content such as optional equipment specific to a unique 17-digit VIN. This new integration will allow for a higher degree of valuation precision for General Motors vehicles.
Digital disruptor Carvana was the nation’s eighth-largest seller of pre-owned vehicles in 2018, according to the latest Automotive News rankings of the Top 100 Used Retailers.
ADESA is replacing its LiveBlock service with ADESA Simulcast, giving its customers an expanded method of joining live sales online, the company announced.
The investment will benefit Cox's Manheim by creating a partnership that will provide Manheim with 3D, 360-degree images, of the vehicles available on Manheim's online marketplace.
CloudOne is specifically designed to seamlessly facilitate new and used vehicle sales, while also providing conquest digital marketing services and credit-based lead generation through its wholly-owned subsidiary, CreditYes.
LeasePlan Canada will be partnering with Alliance Inspection Management (AiM) for its off-lease vehicle inspections within the Canadian market to increase transparency and trust in transactions.
Ben Flusberg, associate vice president of Manheim's new M Logic suite of products, will speak at the 2019 CAR Conference on March 26 about ways to optimize reconditioning spend.
ADESA has launched VirtuaLane auctions, a live in-lane auction virtual marketplace for customers at 20 of its physical auction locations.
The Virginia Auto Dealers Association has named Manheim Express a partner program. Directors said the mobile app will help VADA’s approximately 450 dealer members gain wholesale efficiencies and make more money.
Manheim is adding personalized features to its online platforms in 2019.
Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.
The new technology — Lot Vision — is a GPS-based wireless device placed in a vehicle's on-board diagnostics port. The tracking device can also be attached to a steering wheel in the event that a vehicle does not have an on-board diagnostic port.
TradeRev will condense its auction time frame from the current one-hour auction and one-hour closing period to a 45-minute auction and 15-minute closing period beginning Feb. 5, 2019.