Could wholesale vehicle values be headed for a downward slope? Perhaps, says Black Book. For the week ending Saturday, wholesale prices climbed once again, rising 0.20%, but the increases have slowed in recent weeks, the company said in Tuesday’s Market Insights report. Not to mention, seven of the 22 vehicle segments that Black Book tracks […] [Read More]

KAR Global is rebranding as OPENLANE, the company said Tuesday afternoon. The corporate name change will be effective May 15. OPENLANE, which has been part of KAR’s digital offerings for over a decade, will now be both the name of the parent company and the go-to-market brand for its digital marketplaces throughout the U.S., Canada […] [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 Amity Smith, who is remarketing strategy & business management director at J.P. Morgan Chase. What is the top trend you’re watching in remarketing/wholesale automotive […] [Read More]

At last month’s Auto Intel Summit in Raleigh, N.C., Cherokee Media Group senior editor Joe Overby sat down with Jason Ferreri, executive vice president of customer solutions at KAR Global. Jason and Joe discuss digital remarketing strategies, wholesale vehicle volumes, the integration of KAR’s BacklotCars and CARWAVE platforms and more. The full conversation can be […] [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 Emma Weisberg, who is chief marketing officer at EBlock. What is the top trend you’re watching in remarketing/wholesale automotive this year? The blending of […] [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 Melissa Miller, marketing director at America’s Auto Auction. What is the top trend you’re watching in remarketing/wholesale automotive this year? I believe the trends […] [Read More]

International Automotive Remarketers Alliance executive director Tony Long will step down from his position leading IARA on Friday, the organization said Monday. Long has been the IARA executive director for close to a decade. The IARA’s executive committee is starting its process to determine a successor. The organization said IARA’s Nikki Jones-Wenger will continue to […] [Read More]

To begin this news roundup from the wholesale market, IAA Holdings, a Ritchie Bros. Auctioneers company, announced on Thursday that it has made strategic real estate investments in New York, Indiana, Connecticut and Delaware. The company highlighted that two of its branches — IAA Staten Island in New York and IAA Fort Wayne in Indiana […] [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 Julie Warpool, who is senior vice president, auction systems, at Auction Edge. What is the top trend you’re watching in remarketing/wholesale automotive this year? […] [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 Angela House, who is assistant general manager of Alliance Auto Auction – Austin. What is the top trend you’re watching in remarketing/wholesale automotive this […] [Read More]