Because international vehicle shipping has become quite popular during the past decade, JMN Logistics expanded its transportation services on Monday to include international shipping. When chief operating officer Cindy Darnell learned the company could make international shipping easier and less complicated for customers, she insisted that it became a top priority to gain partnership with […] [Read More]

In the spirit of Tuesday’s annual Mardi Gras celebrations in New Orleans, Indiana Auto Auction is hosting its inaugural “Fat Thursday” sale this week that will feature cash and prize giveaways, plus a free breakfast to go along with the 700-plus-vehicle consignment on tap. [Read More]

Charlotte Pyle might have a Pennsylvania address now, but she shows her West Virginia pride “through and through.” The current president of the National Auto Auction Association described her upbringing and industry experiences in an Auto Remarketing Special Profile Series. The complete interview with Pyle can be found here. [Read More]

Mecum Auctions is welcoming the spring season for collectors with hopes of filling the Kansas City Convention Center/Bartle Hall in Kansas City, Mo., for a sale scheduled to run March 29–31. With nearly 750 collector vehicles expected to cross the block, the auction is excited for the first of two visits to the City of […] [Read More]

Fimalac S.A., the French parent company of global ratings agency Fitch Group, recently revealed it is selling an additional 10 percent in the ratings agency to Hearst Corp., parent of Black Book. This brings Hearst to a 50 percent equity stake in Fitch.   The transaction is valued at $177 million. Hearst acquired its original interest in Fitch […] [Read More]

NADA Used Car Guide discovered that AuctionNet wholesale prices followed a familiar upward course in January. Although senior analyst Jonathan Banks indicated the 1-percent mileage-and-mix adjusted rate of appreciation was a bit less than what he’s seen in recent years following the transition from December. “This being said, the slowing rate of appreciation was expected […] [Read More]

A bomb scare. A hurricane taking an unusual route and barreling toward the Northeast. Historic flooding. A fatal accident. Rare as these events may be, they all have impacted U.S. auctions in the past year. While disasters, accidents and criminal activity can be equally scary and unpredictable, auctions typically have procedures in place to prepare […] [Read More]

Westlake Financial Services recently recognized its top auction partners and earning designation as its overall 2011 Auction of the Year was Norwalk Auto Auction. “Norwalk Auto Auction is the little auction with big results. A two-lane sale just 15 miles from downtown Los Angeles, Norwalk produces high scores for sale and service standards on a […] [Read More]

Kelley Blue Book announced late Tuesday that president Paul Johnson has resigned from his position effective immediately. Taking on the role as president for KBB will be AutoTrader.com vice president Jared Rowe. Rowe is currently vice president of product management for AutoTrader.com in Atlanta, Ga. Rowe’s new role is effective immediately. Kelley Blue Book was […] [Read More]

El Paso Independent Auto Auction recently commemorated its first year in business with a special anniversary sale which followed a celebratory party the preceding evening. EPIAA hosted customers and their guests at Rosa’s Cantina — a famous local Mexican restaurant — for dinner, drinks and a performance from The Cronkites on Feb. 7 then held […] [Read More]