Wholesale
Online EV auction Plug signs first physical auction partner, plans for many more
Monday, Jul. 28, 2025, 03:09 PM
Alysha Webb, Correspondent
Online wholesale EV auction platform Plug wants to work with brick-and-mortar wholesale auctions to offer more services to its consignor customers. It has already partnered with one auction and looks to aggressively add more.
“We have found as we try to grow our footprint in commercial consignors that sometimes they need real estate to be part of the service,” Plug founder and CEO Jimmy Douglas told Auto Remarketing.
For example, Plug’s customers include auto manufacturers and lenders who have ... [Read More]
Montway brings in longtime CARFAX executive Vickery for top revenue role
Monday, Jul. 28, 2025, 02:51 PM
Auto Remarketing Staff
Lance Vickery, whose long automotive career includes more than 20 years in leadership roles with CARFAX, has joined Montway Auto Transport as chief revenue officer for strategic growth. The third-party logistics brokerage said Vickery will be responsible for driving revenue growth and fostering long-term partnerships across the automotive sector by leading enterprise-level revenue strategies and […] [Read More]
Carvana’s latest integrated auction-recon facility coming to ADESA Seattle
Monday, Jul. 28, 2025, 02:09 PM
Auto Remarketing Staff
The list of Carvana’s combined auction-reconditioning facilities is growing again. The online used-car retailer said it plans to add an inspection and reconditioning center to its ADESA Seattle wholesale auction site, making it the 11th such location nationwide. ADESA Seattle has been operating at its 40-acre site in Auburn, Wash., for more than four decades. […] [Read More]
America’s Auto Auction’s Leadership Journey seeks to fuel growth from within
Thursday, Jul. 24, 2025, 11:27 AM
Auto Remarketing Staff
America’s Auto Auction has spent the past several years investing in the business by acquiring auctions nationwide and, most recently, expanding its specialty sales segment. Its latest investment announcement is about something more personal — its people. The company has launched America’s Leadership Journey, a 12-week leadership development program designed to cultivate confident, capable and […] [Read More]
Lane watch: No sign of summertime slowdown at the auctions
Wednesday, Jul. 23, 2025, 03:12 PM
Auto Remarketing Staff
Except for sales spikes when some operations host concerts and other special activities, the auction scene sometimes sags during this juncture of the summer. But that’s not the case this year, according to Black Book’s newest installment of Market Insights, which indicated that wholesale values dropped by 0.48% last week. “We are now in mid-July, […] [Read More]
Super Dispatch to power shipping option for Copart members
Wednesday, Jul. 23, 2025, 01:52 PM
Auto Remarketing Staff
Super Dispatch is ready to deliver for Copart. The automotive transportation management platform has partnered with online auto auction provider Copart, to deliver auction vehicles to Copart members in the U.S. In a news release, Super Dispatch said its all-in-one shipping platform allows Copart members to access its platform immediately after winning a vehicle to […] [Read More]
Salvato Auctions set to launch new auction for total-loss vehicles
Tuesday, Jul. 22, 2025, 11:54 AM
Auto Remarketing Staff
Salvato Auctions is go for launch. The auction for insurance vehicles announced it will launch its online salvage auction in three weeks, billing it as “a modern alternative to Copart and IAA.” Bidding for the first online auction is scheduled to begin Aug. 7 at 9 a.m. CDT and will remain open through 9 a.m. […] [Read More]
Sales conversion rates for commercial consignors slow from Q1 highs, but beat year-ago figures
Monday, Jul. 21, 2025, 03:08 PM
Joe Overby, Senior Editor
Though they didn’t reach the heights of the first quarter, conversion rates at auction for commercial consignors in the second quarter were up more than 4 percentage points year-over-year and remained above prior-year figures through the first half of 2025.
That’s according to the Q2 Industry View from AutoIMS, which provides a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with few needed exclusions) — a vast majority of the commercial sales volume at wholesale auto auctions in North America.”
Specifically, conversion rates for commercial consignors ... [Read More]
What changes at OVE & Manheim.com mean for dealers, independent auctions & Cox Automotive
Friday, Jul. 18, 2025, 03:57 PM
Joe Overby, Senior Editor
You may have seen LinkedIn posts this week involving Manheim.com, OVE and the vehicle listings from independent auto auctions. On Friday, Auto Remarketing connected with Joe Kichler — senior vice president, digital and supply chain at OVE and Manheim parent Cox Automotive — to get some clarity on the decision made by the company and […] [Read More]
Partnership gives ADT’s carriers discount on Ship.Cars platform
Friday, Jul. 18, 2025, 02:17 PM
Auto Remarketing Staff
Ship.Cars, a provider of software for car hauling companies, has partnered with auto transport broker Auction Direct Transport, giving ADT‘s carrier network access to the Ship.Cars platform at a discounted monthly rate. The companies said the collaboration will offer the carriers efficient dispatch operations, real-time load alerts and improved profitability. “ADT is a high-volume shipper […] [Read More]
X