Bob Gaito is the CEO of Auction Central, a dealer-to-dealer online wholesale marketplace. He joins the show to talk about what inspired the launch of the company, the importance of transparency through condition reports, the progress of Auction Central’s growth plan and road map, plus much more. Listen to the full conversation in the window […] [Read More]

Charlotte Pyle was inducted into the National Auto Auction Association’s Hall of Fame and received the Ed Bobit Industry Icon Award during the 2023 NAAA World Remarketing Convention in Chicago. The NAAA Hall of Fame, established in 1968, recognizes individuals whose long-term service to the auto auction industry and NAAA has contributed improvements to remarketing, […] [Read More]

In an effort to help dealers seamlessly access AutoCheck vehicle history reports during wholesale activities, Experian recently announced an expanded relationship with Manheim. Now, dealers with AutoCheck subscriptions can automatically link their account to their Manheim profile, allowing them to instantly access complete AutoCheck vehicle history reports via Manheim.com through a single sign-on. “Amid rising […] [Read More]

One of the 2020 Women in Remarketing honorees now is general manager of America’s Auto Auction El Paso. This week, the company announced the promotion of Judith Ayub to general manager of the West Texas auction stemming from what America’s said have been “significant” contributions since joining the operation as the first employee when it […] [Read More]

Eric Autenrieth has begun his tenure as president of the National Auto Auction Association. Autenreith officially took office for the 2023-2024 term Thursday, succeeding outgoing president Garrison Hudkins in a passing of the gavel ceremony during the 2023 NAAA World Remarketing Convention in Chicago. Autenrieth currently serves as CEO of the Stanley-Autenrieth Auto Auction Group, […] [Read More]

Wholesale vehicle prices have begun to climb again after three months of declines, but that didn’t slow down used car sales in August, according to the latest monthly report from ADESA chief economist Tom Kontos. The new Kontos Kommentary, released this week, using ADESA US Analytical Services’ monthly analysis of auction industry used vehicle prices […] [Read More]

ADESA Auctions has introduced a new tool designed to help provide better transparency and efficiency in buying and selling electric vehicles at auction. ADESA’s advanced battery health scoring process, created in collaboration with Recurrent and AutoIMS, “sets a new industry standard,” the company said in a news release. In 2022, ADESA partnered with Recurrent in […] [Read More]

According to the United Auto Workers update posted on Wednesday, 18,600 union members are now on strike at 41 Big 3 manufacturing facilities in 21 states. The ramifications in the used-vehicle space, particularly the wholesale market, continue to evolve. Black Book reported Tuesday that wholesale prices dipped just 0.22% last week. And with dealers concerned […] [Read More]

The auto auction industry’s two most prominent associations announced a collaboration to work together on issues concerning electric vehicles. The National Auto Auction Association and International Automotive Remarketers Alliance are joining together with a focus on topics such as safety, standards and education for the benefit of the industry. The associations agreed to collaborate last […] [Read More]

John Poteet, the longtime leader of Louisiana’s 1st Choice Auto Auction, was named an Industry Pioneer by the National Auto Auction Association during the NAAA World Remarketing Convention in Chicago. In a news release, NAAA said Poteet was honored for his inclusive and innovative leadership and outstanding service to the wholesale auto auction industry, his […] [Read More]