Mere Rangel, assistant general manager of Big Valley Auto Auction, and Jacob Warren, vice president and chief operating officer of Louisiana’s 1st Choice Auto Auction, join the Auto Remarketing Podcast from last month’s NAAA World Remarketing Convention in Chicago They talk with Auto Remarketing senior editor Joe Overby about their “Understanding Generational Differences in the […] [Read More]

Black Book found a different way to examine the United Auto Workers strike and its impact on the wholesale market. Analysts arrived at their assertion after spotting another 0.36% decline in wholesale prices last week. Black Book pointed out that movement was slightly less than the average downward movements its team spotted during the same […] [Read More]

It was tassel-turning time in the Windy City last month. Coinciding with this year’s NAAA Convention in Chicago, Auction Academy’s seventh class completed the final session of its two-year curriculum, capped by a graduation ceremony. Founded in 2012, Auction Academy now has celebrated the graduation of more than 135 students from its professional training program, […] [Read More]

Stephanie Compton and Lynn Weaver likely have spoken dozens of times by phone during their mutual time in the remarketing industry. But an exchange earlier this fall between the vice president of asset remarketing for Exeter Finance and the recently retired executive director of the Independent Auction Group (IAG) was much different. It was Weaver […] [Read More]

The volume of vehicles coming down the fleet or off-rental lanes at your auction of choice might be picking up in a few months. Cox Automotive posted an analysis of Bobit data that highlighted September sales into large rental, commercial and government fleets increased notably year-over-year. Analysts discovered sales to large fleets — excluding dealer […] [Read More]

Perhaps dealers are looking at their DMS or their blacktop and saying to themselves, “Yeah, I think we’re good for now.” Black Book spotted a slight acceleration in wholesale price decreases last week with sales rates softening, too. “The United Auto Workers (UAW) strike continues, but last week’s auction activity slowed down as buyers exercised […] [Read More]

Drawing on what company executives called a “deep roster of talent,” Manheim has promoted two veteran team members to general manager positions. The company announced on Tuesday that Danny Brawn has been appointed general manager for the Manheim Chicago Market Center, and Brian Walker has been named general manager of Manheim Nevada. In this role, […] [Read More]

In response to evolving industry needs, Dealers Auto Auction on Monday announced the hiring of its first corporate marketing manager, choosing award-winning marketer Gabriele Harris to carry out an aggressive strategic plan. Dealers Auto Auction highlighted Harris brings more than 15 years of experience in strategic marketing, branding, and customer engagement, successfully leading marketing teams […] [Read More]

Six-time NBA champion, meet SIXT. Purple-and-gold, meet orange-and-black. The global premium mobility service provider announced three-year sponsorship deals with the Chicago Bulls and Los Angeles on Thursday, marking SIXT’s first partnerships with professional sports teams in the U.S. The sponsorships of the Bulls (which won six NBA titles from 1991-1998) and the Lakers (which have […] [Read More]

Manheim’s drive to make a difference in its locations’ communities has yielded record-breaking results. The auction company said its annual back-to-school campaign to benefit Boys & Girls Clubs of America raised a record $236,022 in 2023. Funds will remain in the markets where they were raised to help provide local young people with the tools […] [Read More]