Wholesale
Auction Central announces integration with One Auction View
Tuesday, Feb. 13, 2024, 02:24 PM
Auto Remarketing Staff
Auction Central announced an integration to become a featured auction on One Auction View’s “all-in-one” platform, which allows dealers to browse and proxy-bid on multiple live wholesale vehicle auctions simultaneously. “We and One Auction View share a common goal of putting the auto auction back into the hands of the dealer,” Auction Central CEO Bob […] [Read More]
New GM and AGM at America’s Auto Auction Virginia Beach
Tuesday, Feb. 13, 2024, 12:01 AM
Auto Remarketing Staff
America’s Auto Auction’s Virginia Beach location is under new management. The company announced it has named Derek Simmerman as general manager and Janice Hicks as assistant GM, citing their “dedication and significant contributions” as well as “a wealth of experience and a deep understanding of the automobile auction industry.” Simmerman learned the auction industry in […] [Read More]
RunBuggy touts new AI RunBot as the next step in car shipping evolution
Monday, Feb. 12, 2024, 02:30 PM
Auto Remarketing Staff
Auto logistics platform RunBuggy has launched RunBot, a generative artificial intelligence system designed to integrate with RunBuggy’s transportation management platform and act as the central nervous system for orchestrating the automotive shipping process. RunBot represents “a significant leap forward in enhancing user experience and reducing operational overhead,” the company said in a news release, using […] [Read More]
Inside NAAA’s AuctionNet Data: January shows promise for auction sales volume
Thursday, Feb. 8, 2024, 04:26 PM
Joe Overby, Senior Editor
The used-car supply dynamic is likely to continue to be challenging dealers for the remainder of this year and likely even the next, if reports from industry observers are any indication.
But there are some signs of promise for dealers looking to secure that much-needed used-car inventory through wholesale channels, including this nugget:
Eleven of the past 13 months have shown a year-over-year rise in unit sales at auto auctions, according to AuctionNet data from the National Auto Auction Association shared exclusively with Auto Remarketing.
That string of gains includes January, where total unit sales at auctions came in ... [Read More]
BSC America’s Specialty Sale moves to a new/old location
Thursday, Feb. 8, 2024, 02:23 PM
Auto Remarketing Staff
BSC America’s Clayton Station Auction is getting a new name and a new home. The company said the auction will now be known as BSC America’s Specialty Sale, with a weekly auction on Thursdays, beginning March 7, at its new location in Bel Air, Md., on the site where BSC America’s Bel Air Auto Auction […] [Read More]
Lane watch: Signs of stability appear as January concludes
Tuesday, Feb. 6, 2024, 04:18 PM
Auto Remarketing Staff
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]
Dent Wizard promotes fixed ops director Edwards to auction channel VP
Tuesday, Feb. 6, 2024, 03:15 PM
Auto Remarketing Staff
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 offers new wholesale platform to speed inventory turn
Monday, Feb. 5, 2024, 03:12 PM
Auto Remarketing Staff
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]
NAAA selects Cox Automotive’s Grace Huang as Warren Young Fellow
Friday, Feb. 2, 2024, 10:28 AM
Auto Remarketing Staff
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 class prepares for next training session in Dallas
Friday, Feb. 2, 2024, 09:49 AM
Auto Remarketing Staff
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]