Joe Overby, Senior Editor

The first thing you might have noticed at Manheim Atlanta earlier this year was a countdown and buttons worn by employees that notified sale attendees that “a change is coming.” That change they were specifically referring to was Manheim’s investment in a widespread technology update and redesign of... Read More

AuSM Staff

If you’re looking for compact crossover SUVs for your inventory, chances are you’re dipping deeper into your floor-plan account to get them. This week’s Black Book Market Insights report indicated compact crossover SUVs are showing “significant” price strength against the rest of the... Read More

AuSM Staff

TradeRev found a way to help dealerships that are still trying to get their businesses back in order after Hurricane Harvey. On Tuesday, TradeRev launched a special offer to help Houston-area dealers replenish inventory lost during the Category 4 storm. For a limited time, Houston-area dealers will receive free... Read More

AuSM Staff

The Barrett-Jackson Auction Company and the NASCAR Foundation will host the charity sale of a 2016 Jeep Wrangler Red Rock Edition on Thursday to raise funds for the UNLV School of Medicine Dept. of Emergency Medicine Residency Program Fund. The fund helps provide physicians training as emergency medicine specialists at... Read More

AuSM Staff

The Federal Emergency Management Agency said Friday that during the next seven days, 20 million meals and more than 11 million liters of water would be arriving on Puerto Rico.    After confirming the safety of all 30 employees on the island, Cox Automotive put in motion a variety of initiatives to... Read More

Joe Overby, Senior Editor

Perhaps the recent hullabaloo about a potential used-car price collapse was much ado about nothing. Retention values for 1- to 3-year-old vehicles in 2017, as calculated by Kelley Blue Book, were at 56 percent at the beginning of October, which is slightly ahead of year-ago levels (55 percent). “The lack of... Read More

XLerate names new COO

AuSM Staff

The XLerate Group has a new chief operating officer. The auto auction company said Monday it has named former ADESA executive Pat Stevens to the post. The COO position had been unoccupied for a while after Darris McClure moved over to lead XLFunding, a floor planning business the auction group recently launched. As... Read More

AuSM Staff

The surge Hurricane Harvey created still is rippling through the wholesale market. Black Book reported that its Used Vehicle Retention Index for September posted the largest month-over-month gain since March 2012. The index reading increased from 112.6 to 113.9. Hurricane Harvey caused major flooding throughout parts... Read More

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