Black Book announced an integration with peer-to-peer vehicle transaction platform PrivateAuto to give buyers and sellers more visibility into the values of the vehicles on the platform. PrivateAuto is designed to remove the middleman and provide an enhanced level of transparency to the private-vehicle sale process, using proprietary banking technology so buyers and sellers can […] [Read More]

ADESA Kansas City took the top prize in Chase Auto’s Chase Cup for Auction Excellence awards. The auction was awarded the Chase Cup for Best National Auction Performance in a Zoom presentation this week. The awards, in their 25th year, recognize auctions for exceptional performance. Chase reviewed 37 auto auctions based on how they handled […] [Read More]

Carbly has launched Auctions Plus, a new search platform the company said is “poised to transform the way used-car dealers source inventory from auctions.” The platform provides a “unified and comprehensive solution” for searching, filtering and evaluating vehicles from more than 300 dealer auctions nationwide, which Carbly said offers “an unparalleled advantage” in vehicle sourcing, […] [Read More]

Perhaps it’s trouble getting parts or finding the labor to get the repair work done. Whatever the reason, Black Book auction observers noticed a distinct trend in the lanes this past week. After recapping price movements that included overall wholesale prices dropping another 1.49%, Black Book said, “One of the things we noticed this week […] [Read More]

Longtime ADESA/KAR Global/OPENLANE executive Summer Ernsberger has joined America’s Group (AAA), parent company of America’s Auto Auction and AXLE Funding, as executive director of revenue to generate the development of new products and services for the company’s growth initiatives. AAA said Ernsberger will “delve into the company’s various business segments to identify opportunities and develop […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features this year’s Women in Remarketing for a panel discussion led by Kathy Ruble of Ally Financial, sponsor of the award program. Listen to the episode in the window below. [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode is our next Consignor Conversations. It features Jeffrey Bulthuis of Bridgecrest, Stephanie Compton of Exeter Finance and John Urness of Chase. Listen to the episode in the window below. [Read More]

Turn Automotive co-founders Marc Steiner and Todd Folley tried to imagine what it’s like to be a used-car manager nowadays during this episode of the Auto Remarketing Podcast. Along with other observations about the wholesale market, Steiner and Folley also recapped what’s happened at their company this year, including a new partnership with TrueCar. The […] [Read More]

Ryan Clark, owner of Greater Rockford Auto Auction and Great Lakes Auto Auction, has been selected as president of ServNet during the auction group’s fall business meeting. Clark will serve a two-year term. “I am honored to serve as ServNet’s president and to collaborate with the finest group of auction owners in the country,” Clark […] [Read More]

America’s Group, which includes America’s Auto Auction and AXLE Funding, has added Ben Murdock as senior vice president of revenue to lead the company’s growth initiatives. In his new role, Murdock will be responsible for AAA’s commercial and dealer sales teams and will oversee marketing and information technology strategies. “Ben has an exceptional ability for […] [Read More]