In the wholesale car market, the “spring bounce” was more like the long jump this year. Driven by tariff-hurried demand, prices leapt, pushing the Manheim Used Vehicle Value Index to its highest level in 18 months, according to Cox Automotive. “The ‘spring bounce’ normally ends the second week of April, but this year, wholesale appreciation […] [Read More]

Based on their scorecard so far this year, America’s Group announcing an acquisition is par for the course. The budding wholesale giant took another M&A swing Monday with the purchase of Augusta Auto Auction, its fifth acquisition of 2025. The auction, located on five acres in North Augusta, S.C., was founded nearly four decades ago […] [Read More]

ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary, has expanded in a big way. The platform launched in late 2023 and grew regionally last year and the early months of 2025. And now it includes vehicles sold from more than 45 ADESA auto auction locations and Carvana inspection and reconditioning centers. […] [Read More]

While President Trump made a pair of proclamations on Tuesday modifying tariffs to reduce “a cumulative effect or ‘stack’” on imported vehicles and parts, Black Book reported earlier in the day about how much previous decisions impacted the wholesale market. Black Book said wholesale prices rose another 0.63% last week with the auction conversion rate […] [Read More]

Black Book has added three new sales leaders to its team. Rick Evans has joined the vehicle data and analytics provider as director of captive and lender licensing, and Andrew Ferrara and Brent Fosnaught have come on board as directors of automotive licensing. “These talented individuals bring the innovative leadership needed to deliver next-generation solutions […] [Read More]

World champion auto auctioneer Michael Adcock has joined the ranks of Warren Young Fellows. Adcock was presented the honor by the National Auto Auction Association last week during the 2025 World Automobile Auctioneers Championship’s dinner and draw event at Manheim Phoenix in Tolleson, Ariz. Adcock, a third-generation auctioneer, became the youngest world champion auto auctioneer […] [Read More]

America’s Group has gone south and northeast with its auto auction purchases in 2025, buying South Georgia Auto Auction and New Jersey’s Car-Tech Auto Auction. It is now headed west. The rapidly expanding auction company said Monday it has purchased North Bay Auto Auction, which is in Fairfield, Calif. The purchase of North Bay, founded […] [Read More]