KAR Global said Monday it has named a new executive vice president and chief financial officer. Hired for the role is Brad Lakhia, who was most recently vice president of finance for the Americas at The Goodyear Tire and Rubber Company. Lakhia joins KAR’s executive committee and reports to CEO Peter Kelly. Former CFO Eric […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Ashley Lozada, business analyst at Repairify. What is the top trend you’re watching in remarketing/wholesale automotive this year? One of the top trends within […] [Read More]

The fourth-largest auction group in the country has added the Midwest to its footprint. Dealers Auto Auction Group has expanded into Ohio with the purchase of OKI Cincinnati Auto Auction last week, the group announced. With the acquisition, DAAG now has 11 auctions, 10 of which are in the Southeast. OKI will be renamed DAA […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Jenai Bass of Capital One. What is the top trend you’re watching in remarketing/wholesale automotive this year? Now more than ever, I see a […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Cara Gray, marketing director of ADESA. What is the top trend you’re watching in remarketing/wholesale automotive this year? I’m highly interested to discover if […] [Read More]

Exeter Finance announced its Auction eXcellence Award winners at the recent CAR Conference, spotlighting top auctions across four categories. The honorees were as follows: Division 1 winner: Carolina Auto Auction Division 2 winner: America’s Auto Auction St. Louis Division 3 winner: DAA Seattle Exeter Most Improved: Akron Auto Auction “We realize that every car that […] [Read More]

Automotive Ventures said last week it is closing its new DealerFund to new investors at the end of the month. But the firm isn’t idling until the point. Automotive Ventures is part of the group to invest in Pitstop, a fleet maintenance software company that provides powerful AI-driven predictive analytics and insights in an affordable, […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Michelle Robertson, manager of US & Canada auction operations at Ford Motor Co. What is the top trend you’re watching in remarketing/wholesale automotive this […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. First up is Kimberly Breidenbach, director of marketing and communications at Black Book. What is the top trend you’re watching in remarketing/wholesale automotive this […] [Read More]

In today’s environment, you hear about far more about mergers and acquisitions in the auction market than the creation of new physical facilities. Often the more popular route for independent auction owners is to sell to larger auction chains or digital auction companies. But Auto Remarketing wanted to see what was on the other side of the coin ... [Read More]