AuSM Staff

SGS recently previewed its new self-inspection mobile application — INSPEC — at the Conference of Automotive Remarketing (CAR) in Las Vegas. The INSPEC app allows the capture of specific data, such as mileage and vehicle modifications ahead of vehicle turn-in and is now being offered as a pilot, hybrid or... Read More

AuSM Staff

Another major wholesale market index is showing consistency through the first two months of 2018. While the Manheim Used Vehicle Value Index remained unchanged from January to February, the Black Book Used Vehicle Retention Index edged only slightly higher year-over-year. Black Book released its index on Thursday and... Read More

AuSM Staff

Manheim announced Thursday that its five-year, $10 million- investment in four Arizona businesses this year has already brought several enhancements to its physical auction and digital channels in the region. Altogether, Manheim operations in Arizona have touched a combined 8.9 million vehicles annually and cover... Read More

Manheim index movement off to consistent start

AuSM Staff

The Manheim Used Vehicle Value Index certainly is consistent to begin 2018. According to Cox Automotive chief economist Jonathan Smoke, the index reading for February landed exactly where it did in January — 131.0. While the reading showed wholesale used-vehicle prices (on a mix-, mileage-, and seasonally... Read More

AuSM Staff

KAR Auction Services chairman and chief executive officer Jim Hallett has won the Ed Bobit Industry Icon Award, which is presented by IARA and NAAA.   This honor was announced Tuesday afternoon during the Conference of Automotive Remarketing in Las Vegas. Tim Meta and Tony Long of IARA along with Frank Hackett... Read More

Lane watch: Tax season on full display

AuSM Staff

Dealers are banking on the hope consumers aren’t using their federal tax refunds any place other than their store to make a vehicle purchase. The latest Black Book Market Insights report showed continued spring season momentum for cars such as sub-compacts and midsize models. And even though compact cars and... Read More

AuSM Staff

Eighteen independent auctions took home honors Monday night in Las Vegas at the ninth annual OVE.com Awards show. OVE recognized top-performing partners in several categories. Both the first-place winner and second-place winner in each respective OVE.com Award category are listed below, in... Read More

Richmond AA elevates Carter to GM

AuSM Staff

An auction executive who gained experience in Florida now is overseeing an operation in Virginia Auction Management Solutions client Richmond Auto Auction recently announced that Wyatt Carter has been promoted from assistant general manager to general manager, effective immediately.  Carter has been with... Read More

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