Thursday, June 6, 2019 - 10:35am

Joe Overby, Senior Editor

Insurance Auto Auctions is expected to officially be an independent, publicly traded company on June 28. Current parent company KAR Auction Services said Wednesday that its board of directors formally approved the separation of IAA from KAR, which will be done through a distribution of all outstanding shares of IAA... Read More

Wednesday, June 5, 2019 - 7:30am

Joe Overby, Senior Editor

Manheim now has its first all-digital auction location: Manheim Tucson. The Arizona auction is Manheim’s first to incorporate a 100% digital format, utilizing a four-lane setup where cars are parked in designated spots and sold to buyers both physically present at the facility and online. An auctioneer has them... Read More

Tuesday, June 4, 2019 - 1:45pm

AuSM Staff

KAR Auction Services says the new consumer-direct vehicle transportation and logistics services business of its CarsArrive Network will provide services directly to consumers. Those consumers can be individuals or corporate/commercial clients. The retail relocation business is called CarsArrive Auto Relocation, and it... Read More

Tuesday, June 4, 2019 - 12:25pm

AuSM Staff

This week’s Black Book Market Insights report showed the days’ supply of new full-size pickups currently sits at a four-year high, well above 100 days. While editors are thinking automakers might push incentives to get those new trucks over the curb at franchised dealerships, Black Book isn’t seeing... Read More

Monday, June 3, 2019 - 1:30pm

AuSM Staff

“Empowering young adults to achieve their dreams in the face of financial adversity,” is the mission statement shown on the Hourglass Foundation’s website.  The Hourglass Foundation believes that great change can come from helping young adults, and “that everyone deserves the opportunity to... Read More

Friday, May 31, 2019 - 3:04pm

AuSM Staff

Manheim is growing its Manheim Express Concierge force to personally help dealers who list their vehicles for sale through digital channels. That is just one of three enhancements to the Express mobile app that Manheim is rolling out. Manheim, noting that dealers continue turning to digital channels to buy and sell... Read More

Thursday, May 30, 2019 - 2:18pm

Daryl Lubinsky, Correspondent

Rick Griskie has a simple way of describing the new “natural language” search functionality on ADESA.com that the company says makes finding vehicles faster, easier and more robust. He describes it as a “Google-like search.” Griskie, who is ADESA’s chief information officer, explains that... Read More

Wednesday, May 29, 2019 - 12:36pm

AuSM Staff

Dealers likely set their sights on retailing used vehicles during Memorial Day weekend rather than being quite as active in securing more inventory from the lanes last week. The collection of data and observations included in Black Book’s latest Market Insights report offered a variety of evidence to indicate the... Read More