It was the strongest first half for auction vehicle sales in seven years. According to the latest data from the National Auto Auction Association, there were close to 3.7 million vehicle sales at AuctionNet-participating auctions in the first six months of the year. Not since 2019, when there were 4.2 million units sold in the […] [Read More]

Affordability is top of mind for many consumers facing budget challenges in 2026. The auto market is no different. “Know Your Buyer, Grow Your Lot”, a new research ebook from Cox Automotive, which consulted with the National Independent Automobile Dealers Association on the project, found that most car shoppers at independent dealerships are often under […] [Read More]

“Finished on solid footing.” “The bigger picture remains one of balance.” “Settled into a much more normal pattern.” “Depreciation trends returning at a measured pace.” “Expect the used market to continue normalizing.” These were all used by analysts at Cox Automotive and Black Book to describe the wholesale vehicle market in June as the first […] [Read More]

The auto world is expanding in the collector-car space, too. Barrett-Jackson recently hosted its inaugural Columbus Auction at the Ohio Expo Center & State Fairgrounds. The event featured 550 collectible vehicles that generated more than $37 million in auction sales with 100% sell-through. According to a news release, two vehicles sold for a combined $240,000 […] [Read More]

America’s Auto Auction has made its seventh acquisition of the year, announcing that it has purchased Dealers Auto Auction of the Rockies. It represents America’s first location in Colorado and follows the group’s acquisition of the auction’s sister location, Dealers Auto Auction of Phoenix, earlier this year. “This acquisition represents a meaningful step forward in […] [Read More]

Copart will have a new CEO at the end of next month. The company announced Monday that chief executive Jeff Liaw is stepping down from the role on July 31 and that executive chairman Jay Adair, who was the previous CEO, will take on the position. Liaw will support the transition as special advisor to […] [Read More]

America’s Auto Auction has a new assistant general manager at its Boston area location. And the new executive didn’t have to travel far. Joining America’s Auto Auction Boston as assistant GM is Liz Morich, who brings 25 years of remarketing experience to the role, including her most recent post as GM of ADESA Boston. Morich […] [Read More]