It was announced today that AutoShopper.com has partnered with online wholesale marketplace OVE.com in an effort to make it easier for the site’s dealers to promote their used cars to wholesale buyers on the auction platform. Dealers using AutoShopper.com’s AutoPilot dealer management tool now have the ability to push all inventory to the Manheim’s OVE.com. […] [Read More]

Being that Fourth of July falls in the middle of the work week this year, Black Book’s Ricky Beggs noticed how the schedule is forcing auctions to make adjustments as the wholesale market continues to behave in unusual ways. So Beggs began his latest edition of “Beggs on the Used Car Market,” by declaring, “Happy […] [Read More]

Manheim has been recognized as a 2012 Best Place to Work in Information Technology by International Data Group’s Computerworld publication, which ranked the company No. 71 on its list of 100 best organizations “that challenge their IT staffs to drive innovation, while providing employees with great benefits and compensation.” The magazine pulls the list together […] [Read More]

Auto Remarketing has learned that Dan Crowe, national remarketing manager at American Honda Motor Co., has retired and a replacement for the longtime leader of the certified pre-owned programs at Honda and Acura has been named. Stepping into the position is Brian Butts, Honda told Auto Remarketing late last week. Crowe retired in June, having […] [Read More]

Earlier this week, NADA Used Car Guide predicted that luxury used-vehicle prices would increase nearly 2 percent this year. In talking with Auto Remarketing on Thursday afternoon, Black Book managing editor Ricky Beggs offered a different perspective. He believes luxury used-vehicle prices will actually decrease significantly. [Read More]

It was announced earlier this week that Porsche Cars Canada Ltd. is now a member of the International Automotive Remarketers Alliance. As many may know, IARA is a nonprofit organization of remarketing professionals founded in 2001 whose mission is “the continuous improvement of the vehicle remarketing industry.” With the addition of Porsche Cars Canada, the […] [Read More]

The auction values of late-model used vehicles are down about 4 percent year-over-year, Kelley Blue Book’s Alec Gutierrez told Auto Remarketing on Wednesday afternoon, also pointing out that this marks the first time since 2009 that a softening has occurred. Lower prices in the used market come in the wake of softer new-vehicle prices and […] [Read More]

As its inaugural class readies for a second training session, Auction Academy officials have announced the program’s expansion to include additional auction and finance personnel. Auction Academy chief operating officer Randall McCathren said that while the first Auction Academy group was specifically geared toward the sons and daughters of independent auto auction operators and related […] [Read More]

CNW Research acknowledged that hanging onto service business has become tougher for franchised dealers because of outside competitors like tire and quick-lube shops. But CNW president Art Spinella believes dealers have held their own in recent years by offering name-brand tires, special oil change and lube coupons and “drop in” lanes where technicians are paid […] [Read More]

In the midst of a busy week, Black Book’s editorial team picked up on an unexpected trend when discussing the wholesale market with a commercial account representative. Managing editor Ricky Beggs indicated that he and the rest of the Black Book team continue to see an increasing level of no sales, overall. “But not every […] [Read More]