Wholesale
PODCAST: EV battery health & more with Cox Automotive VP Stephen Smith
Friday, Apr. 5, 2024, 11:44 AM
Auto Remarketing Staff
Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 is a conversation with Stephen Smith, who is vice president of product & engineering at Cox Automotive. Smith talks with Cherokee Media Group’s Joe Overby about electric vehicle battery health as well as the recon, repair and remarketing of EVs and […] [Read More]
Cherokee Media Group’s 2024 Women in Remarketing honorees
Friday, Apr. 5, 2024, 10:45 AM
Auto Remarketing Staff
In what we’re proud to call an annual tradition, Cherokee Media Group’s Women in Remarketing program, sponsored by Ally, has evolved into a celebrated franchise of Auto Remarketing and a key pillar of the National Remarketing Conference and Used Car Week. For more than a decade, Women in Remarketing has recognized excellence among the leaders of […] [Read More]
Greenville Auto Auction named United Auto Credit’s Auction of the Year
Thursday, Apr. 4, 2024, 03:31 PM
Auto Remarketing Staff
Greenville Auto Auction in Greenville, N.C., has been recognized by United Auto Credit Corporation as its 2023 Auction of the Year. United Auto Credit said the award celebrates the “exceptional performance and unwavering dedication” displayed by the team at Greenville Auto Auction in delivering outstanding service and support to the company. “Greenville Auto Auction consistently […] [Read More]
Auction News: Manheim Pennsylvania’s event raises $86,000 for charity; new GM for America’s Auto Auction Savannah
Thursday, Apr. 4, 2024, 10:45 AM
Auto Remarketing Staff
Manheim Pennsylvania held its annual Xtreme Spring Sale event March 19-22, raising $86,000 for Aaron’s Acres, a local nonprofit that provides recreational opportunities for young people with disabilities. The auction said the sale has been its largest sales event for 15 consecutive years. The 2024 event hosted 7,000 dealers onsite and via Simulcast, who bid […] [Read More]
Exeter recognizes top auctions with Auction eXcellence Awards
Wednesday, Apr. 3, 2024, 04:01 PM
Auto Remarketing Staff
Exeter Finance honored five auto auctions as winners of its 2023 Auction eXcellence Awards during last week’s CAR Conference in Phoenix. America’s Auto Auction Dallas earned the award for Division I, with Big Valley Auto Auction in Donna, Texas, claiming the Division II honor and America’s Auto Auction Kansas City winning Division III. Tallahassee Auto […] [Read More]
Manheim Central Florida honored as Westlake’s Auction of the Year
Wednesday, Apr. 3, 2024, 02:11 PM
Auto Remarketing Staff
Manheim Central Florida in Orlando, Fla., has been named 2023 Auction of the Year by Westlake Financial Remarketing. Westlake Financial director of remarketing Michael Jari said Manheim Central Florida’s “remarkable efforts and operational efficiency have allowed them to clear cars quickly while remaining Westlake’s second largest auction by total volume.” Auctions are ranked based on […] [Read More]
Lane watch: Widespread value appreciation with one notable exception
Tuesday, Apr. 2, 2024, 03:57 PM
Auto Remarketing Staff
Spring is in full swing, and not only because Easter Sunday was just celebrated. Wholesale values are rising for almost every vehicle category Black Book tracks — except one. And dealership staff probably doesn’t need too many guesses to pinpoint the one going counter to last week’s overall value rise of 0.39% that Black Book […] [Read More]
Manheim names new GMs for four locations; San Antonio location named defi’s Auction of the Year
Tuesday, Apr. 2, 2024, 01:01 PM
Auto Remarketing Staff
Manheim has new leaders for four of its auctions. Cox Automotive’s auction arm has named general managers for its operating locations in Omaha, Houston, Nashville and Philadelphia, with six decades of combined experience working with Manheim clients and teams. Lincoln Hansen has been promoted to GM of Manheim Omaha, having served for the past year […] [Read More]
ACERTUS acquires Guardian Auto Transport
Tuesday, Apr. 2, 2024, 09:55 AM
Auto Remarketing Staff
Logistics-as-a-service platform ACERTUS has made its sixth acquisition, announcing Tuesday it has purchased Guardian Auto Transport. The acquisition builds on the company’s “commitment to strengthening its platform with best-in-class logistics, now supporting large-format vehicles,” ACERTUS said in a news release. This continues a years-long line of acquisitions for ACERTUS and parent company MetroGistics, which has […] [Read More]
ADESA Boston GM, former NAAA president Neshe retires this week
Monday, Apr. 1, 2024, 03:04 PM
Auto Remarketing Staff
Longtime ADESA Boston general manager and former National Auto Auction Association president Jack Neshe is retiring this week, ADESA parent company Carvana said in a statement. Neshe has been GM of ADESA Boston since 2007, after joining the auction as a service manager in the mechanic shop in 1990 and working his way up through […] [Read More]