Wednesday, April 10, 2019 - 2:09pm

AuSM Staff

Manheim has invested $4.8 million in a new body shop and reconditioning center at its Manheim Orlando location. Manheim division vice president Alan Lang said the vision for the facility is to meet the growing needs of today’s dealerships and tomorrow’s mobility and fleet providers. In other auction news,... Read More

Tuesday, April 9, 2019 - 10:46am

AuSM Staff

While edging lower on a sequential basis, Black Book’s Used Vehicle Retention Index for March came in higher than a year ago, reflecting how the ongoing spring market has behaved. On Tuesday, Black Book released its index for March, and the reading stood at 113.8, representing a 0.6% dip from February when it was... Read More

Monday, April 8, 2019 - 4:30pm

AuSM Staff

Every month, CrashedToys locations host auctions of motorcycles, ATVs, and watercraft. CrashedToys is a brand of Copart, an online auction company that specializes in the remarketing of motorcycles and other powersports units. CrashedToys announced on Friday that its new facility at 8687 Weyand Ave Suite B, in... Read More

Monday, April 8, 2019 - 3:59pm

AuSM Staff

Industry professionals vote each year on the annual Consignor of the Year award, honoring “individuals who encourage the use of best practices while also embracing and implementing innovation.” ARI said in a news release that during the Conference of Automotive Remarketing in March in Las Vegas, the... Read More

Wednesday, April 3, 2019 - 2:51pm

AuSM Staff

Insurance Auto Auctions’ latest expansions, at branches in five states, add more than 110 acres to the company’s footprint in Alabama, Arkansas, Minnesota, New York and Texas. In other auction news, Auction Management Solutions, which provides consulting services to automotive industry clients including... Read More

Tuesday, April 2, 2019 - 4:18pm

AuSM Staff

The planned spin-off of the Insurance Auto Auctions business from KAR Auction Services reached what KAR’s chief executive called “an important milestone” this week. The Internal Revenue Service provided KAR a favorable private letter ruling regarding the tax-free status of the IAA spin-off, KAR said in... Read More

Tuesday, April 2, 2019 - 12:29pm

AuSM Staff

Black Book highlighted activity in the lanes and dealership showrooms is on the upswing as the spring market continues to blossom. This week’s Market Insights report detailed not only the latest price movements, but also anecdotes from Black Book’s representatives at sales nationwide that indicated... Read More

Friday, March 29, 2019 - 2:55pm

AuSM Staff

A giveaway of a new 2018 Tesla Model 3 AWD was one of the highlights of an 18th-anniversary celebration and sale on March 13 for Dealers Auto Auction of Idaho. In other auction news, Copart added 44 acres to its Chicago South facility, located at 89 E. Sauk Trail, Chicago Heights, Ill. As a result of the expansion, the... Read More