Wholesale price declines are slowing down, according to this week’s edition of the "Beggs on the Used Car Market" video report. The managing editor of Black Book started his report by noting that even though this time of year usually brings higher depreciation levels than the rest of the year, “as we look at the […] [Read More]

During the upcoming National Remarketing Conference — scheduled for Nov. 14–16 — attendees will be privy to the 2012 Women in Remarketing awards presentation, sponsored by Ally Auto Remarketing. The awards will be presented on the second day of the conference, Nov. 15, at  2 p.m., and then all 13 honorees will share their thoughts […] [Read More]

As of this week, Auction Edge Inc. is adding an additional check-in module to its open management platform. The company announced on Monday that Auction Edge, which provides a national remarketing platform of more than 130 independent auto auctions in the U.S. and Canada, will now support vehicle check-in through AWG Remarketing’s mobile tool. Check-in […] [Read More]

Manheim began National Customer Service Week this morning by announcing the hire for its newly created position of senior vice president of customer service. Appointed to the role is Ashish Bisaria, who is called on to act as the “voice of the customer” and head up company initiatives designed to “deliver world-class customer experiences.” [Read More]

It has been revealed to Auto Remarketing  that American Auto Auction Group has acquired Auctions in Motion. AIM is now a part of AAAG, effective immediately, and its management team remains intact. [Read More]

ADESA has named a new vice president of U.S. dealer sales, chosen from within the company. Selected by ADESA for the role was Tom Haeberer, who has served as the company’s executive sales director since 2007. The move was effective immediately. As vice president of U.S. dealer sales, Haeberer will report directly to Jeff Bescher, […] [Read More]

Just a couple days after reporting how successful its 2012 fiscal year was, Copart late last week announced the opening of its new 17-acre facility in Webster, N.H. This latest addition to Copart’s footprint represents the company’s first facility in the state of New Hampshire and the 157th facility worldwide. Company officials indicated this facility […] [Read More]

Windsor Remarketing officially has a new name. After its president, Scott France, acquired the company from the Windsor Group, the firm is now known as Caprock Auto Remarketing. Officials explained that the day-to-day team is intact, “so nothing has truly changed but the name.” Caprock aims to help auto lenders, banks, credit unions, dealer groups […] [Read More]

Utilizing Manheim’s Simulcast Everywhere technology for the first time, BMW Financial Services shared its recent sale was a success, with more than 70 BMW franchised buyers taking part.   The lender's first Simulcast Everywhere sale had more than 3,000 total bids in this first-of-its-kind sale format, “designed to allow BMW Financial Services to sell vehicles […] [Read More]

CarMax Auctions has announced the upcoming grand opening of its newly updated Laurel Auction Center to coincide with a Dealer Appreciation Sale. The Laurel Auction Center, located at 8800 Freestate Drive in Laurel, Md., will hold its first auction in the new building on Monday at 9:30 a.m. (EST). Construction has just been completed on […] [Read More]