Wholesale
Used Car Week Opens Call for Speakers
Monday, Jun. 11, 2012, 07:59 AM
Auto Remarketing Staff
Auto Remarketing Conferences has announced that the Call for Speakers for the 2012 Auto Remarketing Used Car Week conference series is officially open. Conference organizers will be accepting speaker proposals through Aug. 1. Used Car Week is being held Nov. 12–16 at The Phoenician in Scottsdale, Ariz. It kicks off with the “CPO Dealer Forum […] [Read More]
NADA Announces New Steps to Broaden Scope of Facility Upgrade Examination
Monday, Jun. 11, 2012, 07:56 AM
Auto Remarketing Staff
When William Underriner talked with Auto Remarketing late last year prior to officially taking the helm as chairman of the National Automobile Dealers Association, one of the goals he emphasized dealt with NADA taking a hard look at the factory image programs that have been spurring debate among dealers. Now a few months into his […] [Read More]
Webb: Wholesale Prices Modestly Lower in May
Friday, Jun. 8, 2012, 05:59 AM
Auto Remarketing Staff
May marked a 0.8-percent decline in wholesale prices, and just one major market class showed a year-over-year gain in value during the month, according to Manheim’s Tom Webb, who offered his analysis in the latest Manheim Used Vehicle Value Index report. Overall, the index was at 125.1 for May, compared to 126.1 in April. “The […] [Read More]
AuctionEDGE Acquires Auction Software Inc.
Thursday, Jun. 7, 2012, 06:00 AM
Auto Remarketing Staff
Auto Remarketing has learned that AuctionEDGE has made yet another purchase, as the quickly expanding company has now added Auction Software Inc. to its acquisition list. The purchase of ASI was announced today. It follows the company’s previously announced acquisitions of AuctionPipeline and AutoLookout. [Read More]
Auctions In Motion Sets Third Record of Spring
Wednesday, Jun. 6, 2012, 05:57 AM
Auto Remarketing Editor Joe Overby
In talking with Auto Remarketing after his company’s Thousand Oaks, Calif., auction location notched its third record sale this spring, the chief executive at Auctions In Motions — a Southern California company giving dealers an alternative way to buy and sell wholesale units by blending mobile and “hybrid” auction sales — boiled this hot streak […] [Read More]
Copart Selects instaVIN to Provide Vehicle History Reports
Wednesday, Jun. 6, 2012, 05:56 AM
Auto Remarketing Staff
Online salvage auction operator Copart on Tuesday picked instaVIN to be its vehicle history report provider. Through the alliance, instaVIN Vehicle History & Title Reports can now be viewed through Copart’s online vehicle listings. Officials explained that links to the instaVIN vehicle history report service from Copart’s listings can help buyers and dealers better understand […] [Read More]
IAA & Advanced Remarketing Services Share Updates on Latest Philanthropy Efforts
Wednesday, Jun. 6, 2012, 05:54 AM
Auto Remarketing Staff
Two companies within the remarketing industry offered updates this week on their charitable endeavors. First, Insurance Auto Auctions announced it is supporting Alex’s Lemonade Stand Foundation’s ninth annual National Lemonade Days. In June, IAA plans to sell lemonade at 142 of its 160 North American branches from coast to coast as well as its Chicago-based […] [Read More]
Beggs: Wholesale Market Becoming More Consistent
Tuesday, Jun. 5, 2012, 02:43 PM
Nick Zulovich
Sharing what Black Book editors observed for themselves in the lanes or what the commentary survey personnel reported back to the home office, Ricky Beggs indicated that dealer sentiment is becoming more consistent about how wholesale conditions are nowadays. In his latest video blog, “Beggs on the Used Car Market,” the Black Book managing editor […] [Read More]
AAAG Expands to Upper Midwest
Tuesday, Jun. 5, 2012, 05:59 AM
Auto Remarketing Staff
With its latest acquisition, American Auto Auction Group has expanded its number of auction operations to 20. Extending its presence into the Upper Midwest, AAAG’s recent addition is Badger State Auto Auction in Fond du Lac, Wis., which officially became a group member on Friday. Keith Lelux, AAAG founder and chief operating officer, said: “We […] [Read More]
Arizona Dealer Sees Sales Boost Through DealerRater’s Online Rep Management Solution
Tuesday, Jun. 5, 2012, 05:57 AM
Auto Remarketing Staff
One Arizona dealership is apparently seeing big results from implementing DealerRater’s Certified Dealer Program, noting that it has helped boost sales by 20 to 25 percent. The program, which offers a suite of online review-gathering and leveraging tools for car dealerships, was utilized by Scottsdale, Ariz., dealership Certified Benz and Beemer, and the store noted […] [Read More]