Wholesale
ACV co-founder launches reputation-based online auto auction
Tuesday, Oct. 15, 2024, 04:28 PM
Auto Remarketing Staff
A new online wholesale auto auction platform puts the “seller’s reputation on the line.” ACV Auctions co-founder and former executive Joe Neiman has launched DealerClub, a reputation-based exclusive marketplace where “each member puts their reputation on the line and is accountable for the vehicles they sell based on a rating system.” Buyers using DealerClub to […] [Read More]
PODCAST: Cox Automotive’s Grace Huang on auction M&A environment
Tuesday, Oct. 15, 2024, 02:59 PM
Auto Remarketing Staff
Grace Huang — who is the president of inventory solutions at Cox Automotive, which includes Manheim — joined the Auto Remarketing Podcast at this month’s NAAA World Remarketing Convention for a conversation about the M&A growth in the auto auction market. Huang talked with Cherokee Media Group senior editor Joe Overby about build versus buy […] [Read More]
Automotive associations pitch in for hurricane relief
Monday, Oct. 14, 2024, 03:44 PM
Auto Remarketing Staff
In the wake of the hurricanes Helene and Milton, which have devastated several areas of the Southeast in recent weeks, the National Auto Auction Association is urging its members to donate to the NAAA Mike Browning Auction Employee Relief Fund. The fund is a part of the NAAA Warren Young, Sr. Scholastic Foundation and is […] [Read More]
ADESA Salt Lake reaches milestone 75th anniversary
Monday, Oct. 14, 2024, 02:00 PM
Auto Remarketing Staff
For most of us, October means autumn in full swing, Halloween, the beginning of Q4 and maybe football. For the leadership and staff of ADESA Salt Lake in Salt Lake City, Utah, this month is extra special – especially this year. October 2024 marks the 75th anniversary of the auction, which opened in 1949 as […] [Read More]
Used Car Week returns to Scottsdale: What’s new at this year’s event?
Monday, Oct. 14, 2024, 01:51 PM
Auto Remarketing Staff
Used Car Week is back at the Westin Kierland in Scottsdale, Ariz., for the second year in a row, but we’re bringing a few new ingredients to add to the Southwestern mix in 2024. Here’s a sampling of new flavors waiting for you in Arizona during UCW 2024 that begins on Nov. 18: Say goodbye […] [Read More]
PODCAST: Joe Kichler of Cox Automotive on bringing digital wholesale & logistics together
Friday, Oct. 11, 2024, 01:22 PM
Auto Remarketing Staff
It might seem like digital automotive wholesale would not have much overlap with supply chain management. But logistics and digital actually go hand in hand, as Joe Kichler, senior vice president of digital and supply chain at Cox Automotive, explains in this episode of the Auto Remarketing Podcast. In a conversation during this month’s NAAA […] [Read More]
Cherokee Media Group’s inaugural Independent Auto Auction of the Year: Big Valley Auto Auction
Wednesday, Oct. 9, 2024, 04:12 PM
Joe Overby, Senior Editor
Mere Rangel is the assistant general manager at Big Valley Auto Auction in Donna, Texas.
But more importantly, he has been his daughter’s softball coach for 14 years and his son’s baseball coach for the past four years (with a decade more to enjoy, he says).
And when he steps off the diamond and into the auction lanes, he’s got a coach of his own in general manager Lisa Franz, the leader of Big Valley Auto Auction, and a five-star ace of a teammate in Blanca Arias, the auction’s controller.
Together, they form quite the bullpen of leadership at the auction ... [Read More]
Carvana’s newest auction-recon Megasite coming to Las Vegas
Tuesday, Oct. 8, 2024, 04:08 PM
Auto Remarketing Staff
Another month, another Megasite. Carvana said it’s preparing to convert the ADESA Las Vegas auction into a combination auction-reconditioning facility. The online used-car retailer said it will add inspection and reconditioning center capabilities the existing wholesale auction site, which will continue all of its current digital and in-lane auction operations. The location will anchor the […] [Read More]
Remember your wins & build a legacy: Lessons learned from soccer, fish hatchery & remarketing
Tuesday, Oct. 8, 2024, 03:03 PM
Joe Overby, Senior Editor
Holly Vollant has the toughness it takes to be a winner.
She started her remarketing career at a small independent auto auction across the street from where she grew up. She took a hands-on approach to “dive into every aspect of the business” from parking cars to transporting them.
Vollant has worked her way to leadership roles at Holman and with industry associations. But she’s also a small business owner, running her family-owned fish hatchery.
Hailing from a small town in Northwest Pennsylvania, Vollant thrives in the outdoors and loves football – arguably the grittiest of American sports.
And, hell, her favorite team is the Philadelphia Eagles ... [Read More]
J.D. Power launches online auction in collaboration with SIA
Tuesday, Oct. 8, 2024, 03:00 PM
Auto Remarketing Staff
J.D. Power is entering the auto auction business. The market research firm is collaborating with Superior Integrated Auctions to launch J.D. Power Marketplace, an online auction marketplace for auto dealers designed to “bring the traditional auction process online,” the companies said in a news release, giving dealers access to more than 30,000 front-line ready vehicles. […] [Read More]