Nick Zulovich, Staff Writer

The unusual summertime wholesale price movements seen by both KAR Auction Services and J.D. Power Valuation Services might push the costs that dealers face in the lanes nearly 3 percent higher by the time the year ends. The August price updates from both companies conveyed notable wholesale price surges, with KAR chief... Read More

Joe Overby, Senior Editor

In the Nov. 1 issue of AuSM, we are celebrating both the NAAA Convention and a huge milestone for the association: its 70th anniversary. Given the magnitude of this anniversary, we want auctions to participate in the editorial content of this issue In a big way. Here's how auctions can get... Read More

Joe Overby, Senior Editor

There are some phonetic similarities, but there’s a key difference between the words “insurance” and “assurance.” It boils down to protection from what you can't necessarily control (insurance), versus an added layer of protection designed to allow greater freedom for choice in... Read More

Best Auto Auctions to Work For: 2018 honorees

AuSM Staff

Congratulations to the recipients of this year's AuSM’s Best Auctions to Work For program, presented by CARS Recon. The program is a free workplace study for the auto-auction industry that recognizes the best auto auctions to work for on an unranked basis. It is designed and intended for... Read More

AuSM Staff

Slightly modifying the famous Mark Twain line in light of how popular utilities are nowadays, Black Book’s latest information showed rumors about how the death of compact cars has been greatly exaggerated. As a part of this week’s Market Insights report, Black Book reiterated that the three-year... Read More

Copart announces second Germany location

AuSM Staff

To meet increasing buyer and seller demand in Germany, Copart has established a second location in Germany that is located near the city of Leipzig. The company announced Monday that its second location in Germany can store up to 4,500 vehicles and will hold bi-weekly auctions on Thursdays at noon. “We are... Read More

AuSM Staff

Just months away from concluding their two-year course of study at Auction Academy, students of the program's fifth class will soon meet in Detroit for three days from Oct. 15 through Oct. 17 as part of its final session. While in Detroit, the class will meet with National Auto Auction Association chief... Read More

Current retail traffic keeps wholesale prices strong

AuSM Staff

Dealers are looking for bargains in the auction lanes just like potential buyers are when they scour store websites or walk rows of inventory. As a result, this week’s Market Insights report from Black Book detailed the continued strength currently on display in the wholesale market, with a handful of cars showing... Read More

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