Thanks to what company officials estimated as moving approximately 1,200 units every selling day for the last 12 years, SmartAuction, Ally Financial’s online used-vehicle auction, announced this morning it just sold its 4 millionth vehicle. SmartAuction calculated that the total estimated wholesale value of the 4 million vehicles sold on the platform since 2000 is […] [Read More]

As detailed in announcements made this week, the list of auctions that have secured contacts through the General Services Administration to sell government vehicles continues to grow. In the central Florida market, Sanford Auto Dealers Exchange is the most recent addition to GSA’s list of ServNet auction partners, which now includes 15 ServNet auctions throughout […] [Read More]

Two ADESA locations recently celebrated milestone anniversaries, and the company said these auctions “pulled out all the stops” to mark the occasions and show thanks to their customers. ADESA Fargo rang in 60 years of service with a record number of units running through the lanes during its “diamond” anniversary sale. Keeping in line with […] [Read More]

The International Automotive Remarketers Alliance this week announced its expansion into Canada, as a partner in the automotive remarketing community. Heading up the organization in Canada are two industry leaders who co-chair the IARA Canadian initiative: Steve Macaluso, director of corporate accounts with CarProof, and Lisa Scott, senior vice president at ADESA Canada. With the […] [Read More]

In reviewing last week’s activity in the wholesale lanes, Black Book’s Ricky Beggs noticed something that had not been spotted in two months. Speaking about the 14 used-truck categories that Black Book monitors, Beggs noted that “the compact pickup trucks actually increased by $12. This is the first positive movement change in the past nine […] [Read More]

Team work, cars and the Rock & Roll Sale — members of Auction Academy’s inaugural class met for their second training session earlier this month and learned about all three. The students are part of a two-year training and development program for the sons and daughters of today’s independent auction owners, with sessions held quarterly […] [Read More]

For the second straight year, Brasher’s Northwest Auto Auction is celebrating its win as US Bank’s Specialty Auction of the Year. The auction has now won top honors in each year of the award’s existence. “We work hard to prove to our customers that our auction is their best choice for remarketing cars and trucks, […] [Read More]

Time is money, so the old saying goes, and new features and updates to the Charleston Auto Auction website are meant to offer dealers faster service. Charleston AA general manager Bill McCready has announced company website updates that include one-click access for dealers to run lists and no-sale lists straight from the home page, with […] [Read More]

Along with mentioning the availability of early registration, Auto Remarketing Conferences offered more details about the opener to the National Remarketing Conference, one of the many highlights of the 2012 Used Car Week. Coming off the heels of the Re3 Conference, NRC is set to begin with an Opening Keynote Discussion titled, “2012: The Used […] [Read More]

Continuing a string of growth announcements revealed throughout the year, online salvage vehicle auction company Copart opened its third physical facility in North Carolina this week. The company indicated its newest facility in the Tar Heel State is located in Mebane, representing Copart’s 155th facility worldwide. Officials explained that the site will be used to […] [Read More]