AuSM Staff

In addition to Columbus Fair Auto Auction's Chuck Dearing’s decision to enter semi-retirement, CFAA announced Thursday that it has appointed new directors of company operations and dealer sales. After 20 years with the company, CFAA general manager Chuck Dearing will take on a sales role requiring him to... Read More

AuSM Staff

Dealers Auto Auction Group continues to spread its reach throughout the Southeast. The company announced that it has purchased Tri-Cities Auto Auction in Bluff City, Tenn. A news release indicated the auction will be renamed Dealers Auto Auction of East Tennessee.  The facility operates with four lanes along... Read More

PODCAST: Anil Goyal of Black Book

AuSM Staff

In this episode, Black Book's Anil Goyal shares the most important factors impacting wholesale vehicle prices this year as well as how representatives watching the lanes every week help to shape the company's forecasts. The full discussion can be found below. Download and subscribe to the Auto... Read More

AuSM Staff

When it comes to tackling burdensome operational costs, the updated automotive auction management system from Xcira can help auctions access valuable streamlined, mobile operations at auction sites. Version 6.5 of Xcira’s Cubed AMS product has been integrated into Xcira’s Cubed Platform with added features... Read More

AuSM Staff

Alan Mulally, who was Ford Motor Co.’s president and chief executive officer from 2006 to 2014, will be a keynote speaker at the National Auto Auction Association’s annual convention in November, the trade group said Tuesday. Mulally’s keynote presentation will be during NAAA’s opening luncheon... Read More

Lane watch: Summertime stability arrives

AuSM Staff

With the Fourth of July holiday within striking distance, Black Book is seeing typical depreciation patterns common for this time of year. Editors noted in this week’s Black Book Market Insights report that overall depreciation remained in check as prices for a handful of car and truck segments were unchanged or... Read More

Joe Overby, Senior Editor

Used-car prices remain “stronger than expected” and have edged up from year-ago levels. But they could fall by nearly 6 percent over the next two years, according to the latest RVI Quarterly Risk Outlook report, which cited a plethora of inventory and incentives as the key drivers. As for the latest... Read More

Manheim SVP talks $400 million tech makeover

Chris Hart-Williams, Staff Writer

At 78 auction locations, Manheim has invested $400 million to bring its dealer clients simpler transactions and processes. The auction company announced Monday that, with these upgrades, dealers now have access to tools and self-service options for their businesses that are designed to help them... Read More

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