AuSM Staff

Some dealers might see car haulers arrive at their stores a dozen times or more during a 60-day span, depending on inventory needs and which units are crossing the block. Manheim is offering its dealer clients an exclusive 60-day free trial to experience what the company believes is a cost-effective way for them to... Read More

AuSM Staff

Technical issues never come at a good time, and that’s especially true when they happen in the final hours of the Used Car Week early bird registration deadline. We are aware that our registration system is experiencing technical issues, and we want you to know that our team is working on the solutions. Due to... Read More

Joe Overby, Senior Editor

Manheim says it will have invested more than $100 million in its digital platforms, through upgrades that started at the beginning of this year and will continue through 2019.  This comes amid a growing push of online wholesale sales, both at Manheim and elsewhere in the auction business. At Manheim,... Read More

Carolina AA reinforces management team

AuSM Staff

Carolina Auto Auction expanded its management team, naming two assistant general managers on Monday. General manager and managing partner Eric Autenrieth announced that Joe LeMonds has been promoted to the post of assistant general manager of sales and marketing. And new to the auction is Vann Humphrey, who has been... Read More

AuSM Staff

Following an 11-week “summer bounce” in Manheim Market Report prices, September ended up being the third consecutive month of record used-vehicle values, according to Cox Automotive's news release and analysis accompanying the latest Manheim Used Vehicle Value Index. And though weekly prices evened out... Read More

AuSM Staff

Mike Broe, the president and chief executive of Auto Auction Services Corp. and a longtime fixture in the remarketing business, will retire at the end of the year. The company, typically referred to by the AutoIMS moniker, said Friday that Broe would retire on Dec. 31, with AutoIMS chief operating officer Venkat... Read More

RVI Group elevates analyst, consolidates teams

AuSM Staff

RVI Group elevated one of its experts this week to lead its passenger vehicle insurance and analytics businesses. Now under the leadership of Wei Fan, the firm announced its passenger vehicle insurance and quantitative analysis teams — which partner closely on business development and operations of RVI... Read More

Drop in car values gains momentum

AuSM Staff

Perhaps the first autumn leaves are starting to fall on your lot. And according to Black Book, so are car prices. The latest Black Book Market Insights Report highlighted that car segment depreciation has accelerated during the past two weeks, with sporty cars, midsize cars and full-size cars seeing some of the largest... Read More

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