Auto Remarketing has learned that well-known auction industry leader Greg Gehman will head up Auction Broadcasting Co.’s first-ever location in the Northeast, and he will be joined by fellow auction veteran Ron St. Denis, who will serve as assistant manager. In an interview with Auto Remarketing this week, Auction Broadcasting Co.’s Jason Hockett shared some […] [Read More]

Along with sharing Ricky Beggs’ latest wholesale market analysis, Black Book announced Tuesday that industry veteran Jeff Bunch joined the company as director of automotive licensing. In this role, Black Book explained Bunch will be responsible for leading its efforts to increase revenue growth from the licensing of Black Book data to dealers and companies […] [Read More]

Carfax revealed Tuesday that it has been tapped by Subaru of America to be the official vehicle history report provider under the automaker’s certified pre-owned program, which has required dealers to run a Carfax report on every CPO vehicle since 2005. Every certified Subaru comes with a Carfax report. The automaker is one of 32 […] [Read More]

Liquid Motors released a new solution this week called Dealer Trade Center, what it’s describing as an online service that can allow managers within dealer groups to market inventory to other stores in the dealer group. The tool also can allow dealers to purchase vehicles from other stores within the dealer group. The company explained […] [Read More]

Following a record-breaking week of wholesale value adjustments, the third week of 2012 was significantly milder and auctions actually experienced a "little lull” in activity, according to Black Book managing editor Ricky Beggs. [Read More]

Two more organizations joined the International Automotive Remarketers Alliance Monday. IARA executive director Matt Marks indicated the two new members are Ready Auto Transport and Harley Davidson Financial Services. “The IARA is pleased to welcome Harley Davidson Financial Services and Ready Auto Transport and looks forward to their participation,” Marks stated. Marks added, “HDFSI is […] [Read More]

Up and running for about a week, and Tim Zierden said ADESA/OPENLANE management is seeing hundreds of dealers leverage the new single sign-on function for ADESA.com, uniting the companies. While the senior vice president of dealer sales and services for ADESA/OPENLANE said the single sign-on tends to be more for buyers looking for inventory, he […] [Read More]

In what is designed to help wholesale buyers and sellers in both the U.S. and Canada, ADESA revealed this morning that visitors to its website can check out the wholesale vehicles on both OPENLANE.com and ADESA.com without ever leaving the site. In other words, this offers ADESA customers a seamless way to tap into OPENLANE’s […] [Read More]

Insurance Auto Auctions announced Ronald McDonald House Charities is the newest benefactor charity to join its national vehicle donation campaign, One Car One Difference. The program now will fund RMHC chapters located in five states, including Florida, Kentucky, North Dakota, Ohio and West Virginia. Officials believe Wednesday’s announcement marks the first of many local and […] [Read More]

The new year already has generated a new record for Black Book’s editors as last week they established a new mark for the most daily adjustments. Black Book’s staff made a daily average of 3,280 adjustments last week, almost 400 more per day than the previous high set during the week ending Aug. 12. Thanks […] [Read More]