Black Book’s Ricky Beggs departed last week’s National Auto Auction Association/CAR event, which also featured a meeting of the International Automotive Remarketers Alliance, with the same sentiment as his industry colleagues. Over several days, Beggs recapped that, “Almost everyone I heard in the presentations and spoke with continues to be amazed at the recent trends […] [Read More]

Fiserv named its top performing auction for 2011 on Tuesday. Claiming Fiserv’s highest honor for the fifth time was Carolina Auto Auction. Carolina AA based out of Anderson, S.C., also has been among Fiserv’s top three auctions for nine of the past 11 years. Fiserv explained that it began ranking auctions in 2001 as a […] [Read More]

Revealed Monday, ADESA San Diego has a new general manager. And taking on the position is John Combs, effective immediately Combs has served as an executive sales director for ADESA since 2006, where he was responsible for managing several of the company’s major national sales accounts, the company explained. “John has shown exceptional levels of personalized […] [Read More]

Used-vehicle volume is down more than 7 percent year-over-year in 2012, helping to spur robust prices in the used market, according to RVI Group. In fact, the RVI  Used Car Price Index climbed 8.1 percent year-over-year in February to 1.422, which marked a modest 0.4-percent rise from January. Officials noted that when MSRP is taken […] [Read More]

American Recovery Service and financial services partner SWBC recently completed technology integration geared to streamline systems and business processes between the companies. ARS aims to provide nationwide servicing of asset repossessions, skip-tracing, impounded asset retrieval, license plate recognition recovery and online remarketing, which will now be available to credit unions utilizing SWBC’s AutoPilot, a suite […] [Read More]

The grand opening date has been set for Auction Broadcasting Co.’s first-ever facility in the Northeast. ABC Lancaster Auto Auction will open its doors on Thursday with a sale at 1 p.m. EST at the interim four-lane facility, auction officials announced recently. [Read More]

Though Hyundai maintained its perch as the top OEM in TrueCar’s latest Performance Scorecard rankings, a pair of Big 3 automakers have made some significant inroads. Ford and General Motors topped the list of improvers from January to February, as GM boosted its grade from a B- to an A, while Ford pushed its C […] [Read More]

Dealership Group Larry H. Miller Automotive revealed last week a couple of management changes, first promoting company veteran Dean Fitzpatrick to president and chief operating officer of LHM Auto. This change is effective immediately. “Dean has filled various management positions within the LHM Group for the past 24 years. He has an in-depth understanding of […] [Read More]

At the NAAA/CAR conference this week in Las Vegas, fleet solutions company Emkay revealed a list of its 2011 auction award winners. “All of the auctions listed achieved or exceeded 100 percent on our grading scale,” company officials noted. And taking home the top honors as Auction of the Year is ADESA Dallas. This is […] [Read More]

At the NAAA/CAR conference this week in Las Vegas, Avis Budget Group revealed the winners of its 2011 Auction Performance Awards. Covering categories ranging from sales volume to highest residual value, the company recognized four auctions from across the nation. And taking home the top honors of Overall Auction of the Year is Manheim San […] [Read More]