More than 225 used-car managers and dealer personnel registered to learn what Black Book’s Rick Beggs and Manheim’s Tom Webb expect to unfold during the fourth quarter. Each wholesale expert made the connection between price and volume trends established two years ago or more and levels seen in the lanes today. In fact, to support […] [Read More]

Attending last week’s National Auto Auction Association convention gave Black Book’s Ricky Beggs access to new information. Beggs indicated there seems to be a slight uptick in sales conversion rates as more than one auction showed the Black Book vice president and managing editor multiple reports of a better sales percentage. Reacting to this development […] [Read More]

As the National Auto Auction Association convention prepared to conclude last week, the group welcomed several industry veterans into its Hall of Fame, including Dan Kennedy, of General Motors; Tim West, of Black Book; Alexis Jacobs, of Columbus Fair Auto Auction; and the Exhibitor of the Year award went to Ralph Robinson, of Auto Use. […] [Read More]

Chase Auto Finance revealed its 2011 Chase Cup for Auction Excellence winners Thursday at the National Auto Auction Association’s annual conference in Chicago. One Midwest auction even took home two awards — including the overall prize. The winner of this year’s Chase Cup for best national auction is ADESA Cincinnati-Dayton. This ADESA auction also took […] [Read More]

Coming in conjunction with remarks by its executive team, Wheels named its annual award winners during the National Auto Auction Association convention. During a special ceremony, Wheels honored the following operations: —Carolina Auto Auction: Southeast Region Performance Award. —Manheim Central Florida: Southeast Region Performance Award. —Manheim New Jersey: Eastern Region Performance Award. —Manheim Dallas: Western […] [Read More]

Despite the declining trend in the wholesale industry, Auction Broadcasting Co.’s chief executive officer revealed to Auto Remarketing that his group’s auctions are seeing consistent year-over-year volume growth. Talking in percentages, Mike Hockett reported total units sold are up 17.5 percent year-over-year, with most of the growth coming from dealer consignments — up 26.5 percent […] [Read More]

While deflecting questions about the depth it might eventually venture into the whole-car space, Copart highlighted how many segments of its 2011 fiscal year performance climbed by double digits. Before going into specific numbers, chief executive officer Jay Adair told investment analysts on a conference call Wednesday that “it seems like the year has been […] [Read More]

GE Capital Fleet Services recently revealed it has expanded its relationship with Carfax and will report more history information to the company in an effort to provide the wholesale market with greater access to more data. Now, dealers and buyers at auction will have access to Carfax Vehicle History Reports on GE Fleet units that […] [Read More]

After 22 years as a member of the National Auto Auction Association, Charlotte Pyle is excited to be taking on the role of president during this year’s annual convention in Chicago this week. Pyle, who owns Mountain State Auto Auction along with her husband, revealed her husband Joe and his father were instrumental in getting […] [Read More]

It used to be that Joel Osserman only needed three wholesale buyers to scour auctions and pull in the necessary used units for his Waterloo, N.Y., dealership. Now, with auction prices so high these days, the president of Select EuroCars said he has 17 buyers throughout 13 states just to find the right three to […] [Read More]