The National Auto Auction Association (NAAA) and the Automotive Remarketing Alliance (ARA) celebrated Steve Kapusta this week at the 2024 NAAA World Remarketing Convention in Orlando, Fla. The senior vice president of Ally Remarketing Services for SmartAuction received the Ed Bobit Industry Icon Award. Jointly created by NAAA and ARA in 2015, the annually given […] [Read More]

Hurricane Helene crashed into the Florida coast last Thursday, creating unprecedented damage in a wide swath of the Southeast. After reviewing data from the week that closed on Saturday, Black Book already noticed the wicked storm influencing the wholesale market, with analysts predicting additional impact to prices and more going forward. For now, Black Book […] [Read More]

The National Auto Auction Association announced on Tuesday that four professionals have been honored by NAAA as Warren Young Fellows for their many contributions and distinguished service to the auto auction industry following their term as president of their respective NAAA chapters. Given in Orlando, Fla., as part of this week’s NAAA World Remarketing Convention, […] [Read More]

SIXT USA is going big in the Big Apple. On Monday, the rental car company announced it is strengthening its presence in New York and New Jersey as part of its ongoing U.S. expansion. The moves include the company’s expansion at Newark Liberty International Airport, recent openings in Jersey City and Times Square and a […] [Read More]

While some specific vehicle segments continue to gain value, Black Book spotted wholesale price declines often seen this time of year. Analysts said, “the market shifted towards typical seasonal expectations,” when wholesale values softened by 0.17% a week ago. Black Book continued in its newest installment of Market Insights that, “Despite last week’s drop, the […] [Read More]

Scott Wood’s automotive career includes time with Carvana, OPENLANE and TrueCar as well as a franchised dealership owner. On Wednesday, digital wholesale platform CarOffer, part of the CarGurus network, announced the addition of Wood as senior vice president of operations. In his new role, Wood will lead day-to-day operations, strategic planning and implementation of operational […] [Read More]

Autosled has rewarded one of its top sales leaders with another promotion. The provider of digital technology for vehicle transport logistics has elevated Sam Goldenberg to vice president of dealer sales a year after he was promoted to director of enterprise sales. Goldenberg, who has been with Autosled since its launch in 2019, was selected as […] [Read More]

With more than 100 companies and associations now on board, the eSTART Coalition is adding some organizational structure. eSTART, a group of stakeholders with a shared mission to modernize title and registration processes across the country, has formed the eSTART advisory board. In a news release, the coalition said the seven-member board will “provide strategic […] [Read More]

BSC America has promoted two employees at its Bel Air Auto Auction in Bel Air, Md. Lot operations manager Ken Hartman has been named director of operations and acting New Jersey sales representative Steve Patrylow is now dealer sales manager. Hartman spent 25 years in the construction surety industry and four as a restauranteur before […] [Read More]

Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with Holly Vollant, who is manager, business development – Equipment Direct & Buy Direct at Holman. Vollant sat down with Cherokee Media Group senior editor Joe Overby at the Automotive Remarketers Alliance Summer Roundtable in Frisco, Texas, to talk about […] [Read More]