Nick Zulovich, Staff Writer

Leaders from Black Book and General Motors Financial recently used the adjectives “steady” and “stable” when describing how the wholesale market is behaving. The latest Black Book Market Insights report indicated used vehicles across most segments are depreciating at a “steady” rate.... Read More

2017 National Remarketing Executive of the Year

Joe Overby, Senior Editor

The best part of the used-car industry for Scott Mousaw isn’t just applicable to the world of automotive. “What I enjoy most about it is not unique to the business. I enjoy the process,” he said in a phone interview. “I enjoy looking at how or what we’re doing, what I’m doing as a... Read More

AuSM Staff

Barrett-Jackson recently raised $1 million for Las Vegas first responders during its 10th annual Las Vegas Auction at the Mandalay Bay Resort and Casino. The five charity vehicles featured in the sale included a rare 2007 Ford Shelby GT500 Super Snake owned by Barrett-Jackson president Steve Davis, which sold for... Read More

Copart grows Memphis, Reno locations

AuSM Staff

Copart recently expanded two locations in Memphis, Tenn., and Reno, Nev. The two expansions follow Copart's growth of its New Orleans location last month. "This year, we've announced an unprecedented number of land expansions. With existing locations and operations around the nation, these... Read More

ServNet adds Metro Auto Auction Phoenix

AuSM Staff

The ServNet Auction Group has added another member: Metro Auto Auction Phoenix. The auction, which opened in 2007, is led by managing partner Tom McDermott and is part of the Berkshire-Hathaway Automotive Group. ServNet last added an auction in November 2016, when Houston Auto Auction joined the group. In October of... Read More

Joe Overby, Senior Editor

There are a lot of things typical for autumn: leaves changing colors, the World Series and the air getting cooler (sort of).  This autumn, the pattern in used-car values is anything but typical.  Used vehicles continue to hold their values better than what’s expected for this time of year, according... Read More

AuSM Staff

Auction Edge announced Friday it has attained over 115 customers running its EDGE Simulcast platform powered by Velocicast and brought aboard new senior vice president Julie Warpool to oversee the augmentation of all the company's auction systems. “In partnership with the developers behind... Read More

AuSM Staff

An accomplished musician beyond his analytical chops, KAR Auction Services chief economist Tom Kontos has previously seen a storm-themed song play its familiar tune in the wholesale market. The company’s latest data showed the melody showed up again in September. According to ADESA Analytical Services’... Read More

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