As 2013 gets underway, used-car sales are coming off of an impressive end to the year, and new-car sales are up, as well. And though sales numbers are high and morale is up, many dealers are still concerned about how the pre-owned inventory situation will play out this year. Used inventory has been tight for […] [Read More]

When the American Auto Auction Group got started in Charleston, S.C., around three years ago, its goal from the outset was to create a coast-to-coast nationwide network of independent auctions. Having dug its roots on the East Coast, the group wanted to find a foothold towards the Pacific end of the country. That’s when George […] [Read More]

Just before the holidays, Dealers Auto Auction of the Southwest rolled out 360 Service, an exclusive customer service program than can help dealers manage their auction consignment more effectively. Auction vice president Jim DesRochers explained how it works. [Read More]

As we approach the holidays, it seems used-car shoppers may have been more focused on Christmas gifts than vehicle shopping. Edmunds.com is estimating December’s used-car sales will amount to 2.71 million, for a seasonally adjusted annualized rate of 29.6 million. This is compared to 2.77 million, or a SAAR of 38.7 million, used-car sales in […] [Read More]

Manheim shifted Jay Cadigan into a new executive role on Wednesday. To advance its business goals, continue to build relations with industry partners and develop strategies that further the remarketing industry, Manheim named Cadigan vice president of industry relations. In this new role, Cadigan will report to Joe George, senior vice president of product development. […] [Read More]

Manheim met with 30 independent auctions last month during the National Remarketing Conference in Scottsdale, Ariz., to discuss some of the changing dynamics of the business, including recently released industry tools. In discussing one of those solutions, the new AutoIMS Hub from Auto Auction Services Corp., the group came to a “universal consensus” that quick […] [Read More]

vAuto announced plans Tuesday to release a new solution that the company contends will help dealers tell every car’s “story.” AutoVisor — the second product offering in the new vAuto Genius Labs line — is set to debut at the National Automobile Dealers Association conference in February. [Read More]

As the year draws to a close, ServNet president R. Charles Nichols took the time to reflect on the company’s performance and achievements for 2012, saying “we have much to be proud of.” Nichols began by sharing that ServNet’s market share is on the rise, showing growth of 11 percent over the past 12 months. [Read More]

The National Auto Auction Association shared news Monday afternoon that Jacob B. Hershey, co-founder of what was formerly known as Pennsylvania Auto Dealers Exchange, died Friday at age 90. His funeral is scheduled for 2 p.m. EST on Thursday in New Oxford, Pa. It will be held at the Nicarry Meeting House at The Brethren […] [Read More]

As buyer demand in the lanes continues to rise — in part due to Hurricane Sandy and the need for replacement vehicles in the Northeast — it seems dealers are turning toward one particular group of vehicles to fill up the lots. In the latest “Beggs on the Used Car Market” video report, the Black […] [Read More]