Black Book’s experts happily used the term “stability” multiple times when compiling their latest installment of Market Insights, which was released on Tuesday. Black Book got to use that word because overall wholesale prices softened 0.33% during the week that included the last day of January and the industry conferences in Las Vegas. Plus, that […] [Read More]

Vehicle reconditioning services provider Dent Wizard International has promoted fixed operations director Ryan Edwards to vice president of its auction channel to lead all auction-related activities while developing and maintaining strategic relationships with stakeholders on a national level. In his new role, the company said Edwards will work to develop and implement a comprehensive auction […] [Read More]

Carmigo, an online marketplace and wholesale platform for dealerships, has launched what it calls its biggest product since the company’s founding. Carmigo Turn is a new wholesale platform designed to help dealers isolate their slow-moving inventory and set an automated wholesale strategy from Day 1. The company, which has focused on sourcing consumer cars for […] [Read More]

Cox Automotive president of Inventory Solutions Grace Huang was named a Warren Young Fellow by the National Auto Auction Association during NAAA’s 2024 Total Access meeting Thursday in Las Vegas. The award, presented by NAAA president Eric Autenrieth, honored Huang’s “unparalleled service and dedication to advancing the wholesale auto auction industry and her commitment to […] [Read More]

Auction Academy’s latest class is headed for Big D. The eighth class of the leadership training program for professionals in the vehicle remarketing industry has completed two in-person sessions and three virtual training sessions, and is now preparing for a trip this month to Dallas, where the group will attend classes and make two site […] [Read More]

America’s Auto Auction has partnered with logistics technology provider Ship.Cars to implement its transportation management system, LoadMate Pro, at all 38 America’s Auto Auction locations. “After a comprehensive evaluation of our options and strategy, we chose to partner with Ship.Cars,” America’s Auto Auction vice president of operational excellence Joe Ruch said in a news release. […] [Read More]

Orbee has announced an integration with One Auction View, an auction management platform for dealerships, to give dealers a clearer view of what vehicles their customers want. The collaboration, Orbee said, aims to bring data-driven decision-making to the process of acquiring vehicles through auctions, giving dealerships that use One Auction View’s proprietary software real-time visibility […] [Read More]

Dealers Auto Auction of Memphis has promoted auction veteran Loren Lynch to general manager. Lynch joined DAA Memphis as assistant GM in July. In a news release, the company said Lynch’s “exceptional leadership skills and ability to drive operational excellence have been instrumental in optimizing business performance and fostering a culture of success.” Lynch’s background […] [Read More]

Autosled is now delivering to consumers. The vehicle logistics technology provider has launched Autosled Direct, a direct-to-customer vehicle transport service. The service, an extension of Autosled’s existing B2B vehicle shipment service, is initially available to retail auto dealers who no longer wish to be involved in the transport logistics processes of their customers. The company […] [Read More]

With a double-digit-percentage rise in commercial vehicle volumes, along with notable changes in the quality and prices of vehicles, 2023 was a “pivotal point” for the auction market, at least from the perspective of commercial consignors. AutoIMS examines that perspective in greater detail through its latest quarterly Industry View report, which is a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with a few needed exclusions) — a vast majority of the commercial sales volume at wholesale auto auctions in North America.” That AutoIMS report indicates there was ... [Read More]