Carvana is bringing more magic to Orlando. Well, maybe not magic, per se, but it is bringing additional vehicle reconditioning capacity, more same-day delivery options and about 100 new jobs to its existing ADESA auction in the area. The online used-car retailer said Tuesday it is adding Inspection and Reconditioning Center capabilities to the ADESA […] [Read More]

In September 2023, I wrote a LinkedIn article titled “How Artificial Intelligence Could Improve Vehicle Remarketing & Evaluations & Reduce Overall Portfolio Risks” (click here to read it). I’m revisiting parts of it here because the ideas are even more relevant today than when I wrote them, even if we aren’t as close to that […] [Read More]

The decline in wholesale vehicle prices grew steeper in September, and that downturn is likely to continue through the fourth quarter, according to the latest analysis from Black Book. On Monday, the firm released its latest Used Vehicle Retention Index, which fell 3.1% month-over-month in September and dropped 3.3% year-over-year. Granted, the decrease was not […] [Read More]

So far in this series, we’ve spent a lot of time on upstream digital sales. In fairness, though, the physical downstream auction locations bear the heaviest load, with 8 million-plus vehicles a year sold off their premises. Some of those move through digital platforms, but this is where the rubber meets the road, literally and […] [Read More]

At its World Remarketing Convention on Thursday in Seattle, the National Auto Auction Association elected Lisa Franz as its vice president for the 2026-2027 term. This begins a four-year leadership progression for Franz, who is general manager and co-founder of Big Valley Auto Auction in Donna, Texas, which she and her family opened in 2008. […] [Read More]

As the sports calendar moves into its most crowded stretch of the year, with the MLB postseason opening in the final days of September, a new NFL season already underway, and NHL clubs starting their grinding regular season, sports fans get a yearly reminder of something dealership operators rarely stop to notice. The franchises consistently […] [Read More]

Amidst the activities during this week’s NAAA World Remarketing Convention in Seattle, the National Auto Auction Association honored Kerri Rotunda, Greg Price, Tyler Payton, and Martin Sandoval as Warren Young Fellows for their many contributions and distinguished service to the wholesale industry following their term as president of their respective association chapters. Also receiving this […] [Read More]

The ongoing high costs for gasoline and diesel fuel influenced buying and selling happening in the wholesale market with September winding down. That’s the gist of the newest Market Insights from Black Book, which watched overall wholesale values drop by 0.71% as “depreciation continued at a seasonally elevated pace” and “truck and SUV segments remained […] [Read More]

The Boys & Girls Clubs of America is again set to benefit from the financial generosity of Manheim and its customers and remarketing industry partners. On Wednesday, Manheim said it is closing in on a $2 million giving milestone after raising $601,180 during its 2026 Back-to-School campaign. Funds raised through the campaign are directed to […] [Read More]

Upstream digital remarketing isn’t a future trend — it’s already a game changer in parts of the remarketing business, and a drag in others. The difference comes down to where and how you use it. As we discussed in the first segment of this series (read the first article here), let’s take a look at […] [Read More]