KAR Auction Services has announced its vice president of enterprise optimization. Promoted to the role effective immediately, company officials announced on Tuesday, is Stacey White. White most recently served as director of process improvement and cost management for KAR, and recently added responsibility for its sourcing and procurement division to her duties. She joined the […] [Read More]

CNW Research indicated that the days’ supply of used vehicles is moving up this month, topping 50 days for only the second time in more than two years. According to the firm’s February edition of its Retail Automotive Summary, the current level also is 13 percent higher than February of last year, "But well within […] [Read More]

The tax season may be contributing to a strong market in the lanes, says Black Book’s Ricky Beggs. The word from dealers last week at auction? “Busy buyers with sellers trying hard.” Beggs explained the market was strong and active, as Black Book ended up adjusting the values of more than 2,040 vehicles per day […] [Read More]

The National Auto Auction Association is hosting a free webinar for its members on how to navigate the requirements of the Patient Protection and Affordable Care Act. The nearly three-year-old federal legislation better known as ObamaCare will be dissected by: —Kevin Kuhlman, manager legislative affairs at the National Federation of Independent Business —Bob Graboyes, senior […] [Read More]

A newly-launched Manheim product offering advanced mobile bid and buy options is already earning kudos in the technological world. Manheim this week announced its win of the Product Launch of the Year award for its new product Simulcast on Mobile, from the Technology Association of Georgia Product Management Society. Simulcast on Mobile allows dealers to […] [Read More]

ShipCarsNow named a new president who will take on the role effective March 4. Tapped for the position at Union Pacific Railroad’s subsidiary is Marty Coalson, who will succeed Roland Fortner who will be taking a new position within Union Pacific’s marketing and sales group.  Coalson has been with Union Pacific for 34 years, most […] [Read More]

Last week, the Westlake Financial Services Remarketing Department named its top auctions for 2012, with four locations taking home the honors. The honorees are as follows: Rawls Auto Auction (Leesville, S.C.) was named the Eastern Region Auction of the Year; Kansas City Independent Auto Auction (Kansas City, Mo.) takes top honors for the Midwest, and […] [Read More]

Auction Academy, which saw industry participation that exceeded first-year expectations, will start its second year off with a new president. Pierre Pons, president and chief executive officer of TPC Management Co., which developed Auction Academy, announced that Richard Curtis will serve as president of the professional education program for the auto auction industry. “The independent […] [Read More]

On the same day insurance officials came out with revised damage estimates, KAR Auction Services chief executive officer Jim Hallett certainly had the numbers to back up an assertion that Superstorm Sandy was the most catastrophic event in the history of Insurance Auto Auctions. Because of additional equipment and manpower as well as logistical obstacles […] [Read More]

Which vehicle auctions are delivering the highest levels of service? In its annual ranking, Donlen this week announced its 2012 winners for best-in-class vehicle auctions, recognizing its auction partners that have achieved the highest levels of service delivery. Dan Powers, Donlen’s director of remarketing, said, “The partnership we form with the auctions is a vital […] [Read More]