Wholesale
Black Book-Fox Factory integration provides valuations for modified vehicles
Tuesday, Oct. 7, 2025, 02:08 PM
Auto Remarketing Staff
Black Book is working with a vehicle upfitter to put a number on the value of its modified products. The provider of automotive pricing and analytical services is integrating with Fox Factory Vehicles, an upfitter/modifier of performance trucks, cars, vans and SUVs for Ford, Chevrolet, GMC, RAM, Jeep and Mercedes Benz, to enable dealerships, lenders […] [Read More]
Carvana to bring auction-recon site to metro NY area, its 10th in 2025
Tuesday, Oct. 7, 2025, 12:22 PM
Auto Remarketing Staff
Carvana’s growing list of combined auction-reconditioning facilities will soon include one in the New York area. The online used-car retailer said it’s adding an inspection and reconditioning center to ADESA Long Island in Yaphank, N.Y. — the 10th such integration to be added in 2025 — which the company said will expand recon capacity and […] [Read More]
2025 Independent Auto Auction of Year: Carolina Auto Auction
Monday, Oct. 6, 2025, 02:31 PM
Joe Overby, Senior Editor
As Carolina Auto Auction was hosting its regular weekly sale on a Wednesday morning in late September, CEO Eric Autenrieth and general manager Vann Humphrey were some 900 miles away in Kansas City, Mo., attending the National Auto Auction Association’s World Remarketing Convention. No worries —the Williamston, S.C., auction is set up to run like […] [Read More]
OPENLANE finds Wright man to lead its investor relations
Monday, Oct. 6, 2025, 01:48 PM
Auto Remarketing Staff
OPENLANE has named longtime finance executive Bill Wright as vice president of investor relations to serve as the primary liaison communicating OPENLANE’s vision, strategy and growth to stockholders and the broader financial community. “Bill is a seasoned IR leader with a proven track record delivering results that drive stockholder value,” OPENLANE executive vice president and […] [Read More]
Lane watch: Dealers approach auctions looking for ‘quality over quantity’
Wednesday, Oct. 1, 2025, 02:45 PM
Auto Remarketing Staff
Using the description “quality over quantity” happens often inside and outside of automotive. Black Book also used it to recap last week’s wholesale scene, which had values soften by 0.39%. And the auction conversion rate slid by 3 percentage points to 56%. “Wholesale activity last week underscored the industry’s ‘quality over quantity’ dynamic,” Black Book […] [Read More]
Holman joins with Auction Edge to boost wholesale commercial vehicle platform
Tuesday, Sep. 30, 2025, 03:19 PM
Auto Remarketing Staff
Holman is giving its auction platform an edge. The dealership group/automotive services company has partnered with wholesale technology provider Auction Edge to boost Holman’s EquipmentDirect platform, which specializes in the resale of vehicles, commercial equipment such as trailers and forklifts, heavy-duty construction units and other industrial assets. “Our mission,” Auction Edge CEO Dan Diedrich said, […] [Read More]
Auction news: ADESA names 2 GMs, adds same-day Carvana delivery to SF; date set for 2026 WAAC
Tuesday, Sep. 30, 2025, 02:36 PM
Auto Remarketing Staff
ADESA announced the addition of new general managers for two of its Florida auctions. Anthony Marino joins the auction chain as the new GM of ADESA Ocala, following 20 years with DriveTime, most recently as general manager and head of operations. Marino was responsible for 12 Florida and Georgia locations, driving sales growth, improving customer […] [Read More]
X