Wholesale auction sales started the year on a high note, with particularly good signs showing up in segments that lean heavily toward off-rental and off-lease. According to AuctionNet data from the National Auto Auction Association, there was a 2.2% year-over-year spike in January for auction sales, adjusting for selling days. Compared to December numbers, they […] [Read More]

Don’t let multiple winter storms and snow piled high on roadsides fool you. The wholesale vehicle market is showing the slightest signs of spring. And vehicle values are increasing faster than expected. That’s according to industry observers releasing their monthly insights on used-car values, which show an earlier and quicker rise in what vehicles are […] [Read More]

Former National Auto Auction Association president and longtime remarketing industry leader Henry Stanley Jr. — who spent decades in the wholesale car business as a ringman, auctioneer, auction owner and executive — died Tuesday at age 89, NAAA said in an obituary this week. Stanley, who was an inductee in the NAAA Hall of Fame […] [Read More]

America’s Auto Auction made its second acquisition of the week with the latest one being on the executive front. After revealing that it purchased Albany Auto Auction, the company on Wednesday announced the appointment of Zach Hallowell as executive vice president of transformation and innovation. America’s Auto Auction said this is a newly expanded role […] [Read More]

RunBuggy is expanding its artificial intelligence-powered operations platform with a coordinated set of initiatives designed to improve shipment visibility, reduce preventable delays and support efficient growth as its auto transport marketplace volume increases. In a news release, the company said its marketplace has grown more than 10 times since 2019, currently managing of thousands of […] [Read More]

Within about a week of finalizing a similar relationship with IAA, CarDr.com announced a strategic partnership on Monday with Turn Automotive in a move that designed to connect OEM-level vehicle diagnostics with real-time inventory liquidity. The goal? Give dealers a faster, more confident way to evaluate, manage, and monetize inventory. Under the partnership, Turn Automotive […] [Read More]

America’s Auto Auction continues to have Georgia on its mind. With facilities already in Atlanta and Savannah, the company on Tuesday announced the acquisition of Albany Auto Auction, strengthening its presence in southwest Georgia and creating a unified auction experience for dealers. Following the acquisition, management said operations will be consolidated under America’s Auto Auction […] [Read More]

As the used EV surge arrives, Plug is ready and fully charged — with $20 million. The online auction exclusively for electric vehicles received $20 million in Series A funding, a round led by Lightspeed, with participation from Galvanize and existing investors Autotech Ventures, Leap Forward Ventures and Renn Global. Plug said the new capital […] [Read More]

EBlock Corp. has entered into a deferred prosecution agreement with the U.S. Department of Justice, Antitrust Division, and agreed to pay a $3.28 million criminal fine for charges of “entering into and engaging in a combination and conspiracy — through individuals who became employees as a result of an asset acquisition — to suppress competition […] [Read More]

Fraud in the transportation sector dominated conversations throughout Used Car Week 2025, including this panel discussion led by John Robertson, who is executive vice president and chief revenue officer of SYCN Auto Logistics. A trio of other executives — Eric Schwartz of Central Dispatch, Ross Yudkin of ACV and Kelly Olson of Ally SmartAuction — […] [Read More]