AuSM Staff

On each day of this year’s upcoming National Auto Auction Week, a 2018 Chapter Auction of the Year Award winner will be announced as a finalist in the running for NAAA’s Auction of the Year Award for Excellence in Community Service. In a recent letter to NAAA members, National Auto Auction Association... Read More

AuSM Staff

With gross sales of $67 million and an accounted attendance of 1,750 dealers, DAA Northwest’s latest annual Rock & Roll Sale this summer notably outdid all previous years, the company announced Sunday. Along with a long-awaited performance from Rock and Roll Hall of Famer John Fogerty, the sale brought in a... Read More

AuSM Staff

As the industry turns its collective calendar to August, Black Book is seeing wholesale prices staying “unusually strong” for this time of year. The latest Black Book Market Insights report showed how cars held better retention overall than trucks this past week with prices for sporty cars again increasing... Read More

Joe Overby, Senior Editor

Increases in vehicles coming off leases. Better technology within the selling process. A more digital-first buyer. The need to manage residual risk. It’s such phenomena as these that have led to what auto industry consultant Maryann Keller describes as “more sophisticated remarketing,” where data... Read More

IAA builds 11th Florida branch facility

AuSM Staff

Insurance Auto Auctions announced Tuesday that it has concluded building its 11th Florida branch facility in Pasco County. This announcement comes just days after IAA announced that it opened a newly relocated Wichita, Kan., branch on Friday. Located about 45 miles north of Tampa, not only does IAA’s... Read More

AuSM Staff

Black Book looked to put some data and analysis toward questions used-car managers might be asking. On Monday, editors made available a new analytics-driven report that looks at why certain vehicle models were discontinued over the last several years, and how they’ve retained their values since discontinuation.... Read More

AuSM Staff

Dealers buying on TradeRev from sellers in certain states can now make the most of free vehicle transportation, the company announced Thursday. TradeRev and fellow  KAR Auction Services business unit CarsArrive Network have teamed up to run a cross-country promotion that gives buyers from... Read More

AuSM Staff

Country music’s Big & Rich duo will hit the stage at KCI Kansas City’s annual Guitars and Cars sale this August. In a newsletter update, ServNet Auction Group said that KCI Kansas City first announced that Big & Rich’s William "Big" Kenny and John Rich would join its annual sale... Read More

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