America’s Auto Auction Chicago recently picked up an honor from SmartAuction. SmartAuction vice president Steve Kapusta presented the operation with the 2011 Greatest Year-Over-Year Growth Award. Accepting the honor for America’s Auto Auction Chicago was general manager Larry Hero, Internet sales manager Mark Super, fleet/lease/business development manager Fred Uhter and Internet salesperson Natalie Markham Also […] [Read More]

Ending its month-long Xtreme Spring Sale Event with a bang, Manheim Pennsylvania held the 100 Grander, Ultra Highline and Classic Car sale this past week, with the proceeds benefitting the Wounded Warrior Project — an organization providing aid to injured servicemen and women. Nearly 4,000 dealers attended the sale which featured the auction of a […] [Read More]

When Ricky Beggs and the rest of the team at Black Book looked to recap wholesale market activity from the past week, one element jumped out quickly. In beginning his latest installment of “Beggs on the Used Car Market,” he shared, “As the survey reports and summaries arrived at the editorial offices, there was a […] [Read More]

The International Automotive Remarketers Alliance recently released the findings of the vehicle history report survey that centered on improving the data correction process and standardizing history report wording. The survey was conducted by the alliance’s Standards Committee, and after results were gathered and analyzed, IARA was able to determine seven conclusions from the results. [Read More]

Revealed late last week, customers of Nebraska Auto Auction will now be able to scan all the inventory that’s making it through the auction’s lanes online. Utilizing online marketplace AuctionPipeline, NAA went live with PipelineSimulcast in late January, and added a second lane in February. Now, with the addition of PiplineSimulcast to the auction’s third […] [Read More]

Todd Caputo wasn’t sure what exact model would roll down the lane Wednesday morning at Southern Auto Auction, but he knew he wanted it. And fortunately for the Chittenango, N.Y., dealer, his bid for the 14 millionth vehicle ever remarketed by General Motors — a 2011 Chevrolet Equinox — was the winner. “I was excited […] [Read More]

These days, dealers are looking for every edge to find quality inventory for their lots. Americans are holding onto their cars longer than ever, causing higher prices at auction and a smaller crop of quality vehicles on which you can bid. According to a new study by R.L. Polk, “Length of vehicle ownership recently hit […] [Read More]

In a partnership that could potentially help bring shoppers out to the lots, the Costco Auto Program — which provides members with savings on vehicles at more than 2,500 participating dealerships throughout the country — has teamed up with Subaru of America for a promotion that rewards Subaru buyers with a Costco Cash Card. The Subaru […] [Read More]

Revealed earlier this week, community betterment organization United Way of Central Indiana  recognized KAR Auction Services for its participation in the Live United campaign. This campaign is designed to encourage companies to “give, advocate and volunteer to improve their local community,” officials explained. And this was KAR’s first time taking part in the Live United […] [Read More]

The Final Four takes place this weekend in New Orleans, and Ricky Beggs hopes his short-term wholesale price forecast is more accurate than his tournament bracket. During the latest installment of his video blog, “Beggs on the Used Car Market,” Beggs asked, “Where would I put my money?” In response, the Black Book managing editor […] [Read More]