Digital wholesale used-vehicle marketplace OPENLANE has promoted senior director of corporate finance Itunu Orelaru to head of investor relations. Orelaru, who will report to executive vice president and chief financial officer Brad Lakhia, will be responsible for communicating OPENLANE’s vision, transformation and growth to stockholders and the financial community, the company said. “With her diverse […] [Read More]

ServNet has added a former NAAA manager to help its auctions create events. Ana Williams, who spent four years with the National Auto Auction Association as education and training manager and association services coordinator, has joined the independent auction network as director of meetings and events. “Many of us at ServNet worked with Ana in […] [Read More]

Cox Automotive took another step toward the future of its reconditioning operations last week with the grand opening of its newest auto tech training center at Manheim Chicago. The facility is Manheim’s fifth ATTC, joining training centers at Manheim locations in Southern California, Central Florida, New Jersey and Dallas. Cox announced plans to open the new […] [Read More]

Ship.Cars is getting real. The auto logistics technology provider announced the addition of a real-time tracking/status link feature designed to give end customers updates on their vehicle shipments from dispatch to delivery, with 24/7 access to shipment status and locations. The company said the new feature, typically only available from last-mile delivery services in the […] [Read More]

The National Auto Auction Association’s arbitration policy and certification guidelines have gotten a few upgrades. NAAA’s Auction Standards Committee has issued updates to those documents. NAAA said the changes, which will take effect Aug. 5, were made to “add clarity, improve transparency and better reflect the evolving nature of the industry.” The association said the […] [Read More]

Soaring commercial consignor volumes continue to drive overall auction sales, which climbed slightly from year-ago figures in June and are up 8% through the first half of the year. That’s according to AuctionNet data from the National Auto Auction Association provided to Auto Remarketing on Friday. There were 521,978 units sold at auto auctions in […] [Read More]

Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with George Koditek, who is manager of fleet remarketing at Hyundai/Genesis Motor North America. Koditek sat down with Cherokee Media Group senior editor Joe Overby during the Auto Intel Summit + National Remarketing Conference in April to discuss his journey […] [Read More]

A little inside baseball here (or football, rather): One of the best training grounds for journalism, and not just sports reporters, is to cover high school football for a newspaper — or at least the version of the latter that existed through the 2000s. It requires precise and constant notetaking, especially if you are recording […] [Read More]

A longtime Cox Automotive executive has a new title and new responsibilities. The company announced it has promoted Joe Kichler from vice president and general manager of Cox Automotive logistics to senior vice president of digital inventory and supply chain solutions. Kichler, who has been with Cox at the VP level since 2012, will now […] [Read More]

Along with mentioning interesting movements among four specific vehicle segments, Black Book noticed the auction conversion rate increased again, even while some sales didn’t happen because of Fourth of July. Black Book reported on Tuesday that car prices dropped for the sixth consecutive week, and truck values declined for the seventh week in a row. […] [Read More]