Metro Auto Auction of Phoenix has been named the National Auto Auction Association’s 2017 Western Chapter Auto Auction of the Year for its commitment to supporting community youth.
Following its annual Live Charity Auction, Dealers Auto Auction of the Rockies recently announced it raised over $24,000 for an organization working against sex trafficking in its local community, and Capital City Auto Auction announced it has won two annual awards from BB&T for remarketing t
The National Auto Auction Association recently announced that Clark County Auto Auction and Charleston Auto Auction have both been named Auto Auction of the Year within their respective chapters, following nominations from local school leaders.
Along with looking ahead to how prices might move in August, analysts at J.D. Power Valuation Services determined that July’s wholesale depreciation matched historical trends.
There was a double-digit slide in the auction volume of late-model vehicles from June to July — but that’s typical for summer, J.D. Power said in a report this week.
And what’s more, late-model auction volume was up more than 7 percent year-to-date through July.
Cox Automotive said Wednesday that its Manheim Market Report has been upgraded with a “sweeping set of enhancements” designed to streamline remarketing and provide more in-depth information.
The four upgrades to Manheim Market Report include:
ADESA announced Tuesday that it has brought on two new members to join its sales team.
Angela Williams and Kirk Archer have joined the company as executive sales directors.
Insurance Auto Auctions, a business unit of KAR Auction Services, announced Wednesday it has expanded locations in six states to both address clients’ increased inventory needs due to more claims being deemed total losses and to plan for a projected rise in salvage volume following the upcoming w
Manheim locations across the county are currently celebrating National Auto Auction Week.
Throughout the week, the company said it will use Facebook and Twitter to showcase local auction activities.
The week of celebration wraps up on Friday.
While it appears dealers are having trouble fulfilling one specific segment on their inventory shopping lists, Black Book’s latest price update indicated dealers aren’t paying quite as much when they do find the units they want.