Wholesale
Cox Automotive further integrates vAuto & Ready Logistics
Friday, Jan. 6, 2023, 07:59 PM
Auto Remarketing Staff
Dealers who use vAuto now can take advantage of a new integration involving Stockwave and Ready Logistics. According to a news release from Cox Automotive, this integration enables Stockwave clients to see shipping costs and delivery times for vehicles at Manheim more easily, so they can take these critical factors into account and make more […] [Read More]
PODCAST: High Performance Auto Auctions panel at Used Car Week
Friday, Jan. 6, 2023, 03:43 PM
Auto Remarketing Staff
In this special episode of the Auto Remarketing Podcast, we feature the High Performance Auto Auctions panel discussion from Used Car Week in November in San Diego. Moderated by Cherokee Media Group's Bill Zadeits, this panel features Tommy Rogers of BSC America, David Andrews of Dealers Auto Auction Group, Matt Trapp of Manheim, John Hammer of […] [Read More]
PODCAST: Women in Remarketing honorees at Used Car Week 2022
Wednesday, Jan. 4, 2023, 08:19 PM
Auto Remarketing Staff
In this special episode of the Auto Remarketing Podcast, we feature the Women in Remarketing panel discussion from Used Car Week in November in San Diego. The honorees discuss how they’ve been successful and offer wisdom for younger industry professionals in a conference segment moderated by Kathy Ruble, Ally’s executive director for auto marketing and […] [Read More]
Auction Direct Transport merges with Montway
Wednesday, Jan. 4, 2023, 06:43 PM
Auto Remarketing Staff
Montway Auto Transport and Auction Direct Transport have merged, Montway announced Wednesday. Montway, which is a third-party logistics brokerage, said adding Auction Direct Transport, which is an auto transport brokerage company, will help the company expand into the auction-to-dealer transport space. This move comes at a time when dealers are turning to auctions outside their […] [Read More]
PODCAST: Auto retail platforms make push into wholesale
Tuesday, Jan. 3, 2023, 09:02 PM
Auto Remarketing Staff
This special episode of the Auto Remarketing Podcast was recorded during Used Car Week in November and features a conversation about traditionally retail-facing auto companies making a push into the wholesale market, which was one of the major news stories throughout 2022. The panel discussion, moderated by Cherokee Media Group senior editor Joe Overby, includes […] [Read More]
Lane watch: Reviewing action from last week of 2022
Tuesday, Jan. 3, 2023, 09:01 PM
Auto Remarketing Staff
Tuesday’s installment of Black Book’s Market Insights focused on the stretch between Christmas Eve and New Year’s Eve when some consignors and dealers might have been with family and friends rather than the auction lanes, prompting experts to call that annual stretch of the calendar a “toss-up.” Black Book explained its methodology after noting wholesale […] [Read More]
Black Book promotes 2 leaders to senior VP posts
Tuesday, Jan. 3, 2023, 08:41 PM
Auto Remarketing Staff
Black Book started the new year by promoting two of its executives to senior leadership roles. Kyle Luck, who was most recently vice president of product management and software development, has been named senior vice president of product and technology, with responsibilities in both the U.S. and Canada. Susan Moritz, most recently vice president of […] [Read More]
IAA adds more capacity in Minnesota & Maryland
Wednesday, Dec. 14, 2022, 05:19 PM
Auto Remarketing Staff
IAA is rounding out an active year of expansions with the opening of new branches in Minnesota and Maryland. The company said on Wednesday that IAA Minneapolis South is the second branch in Minnesota and provides significant inventory storage and updated facilities to serve the growing needs of the Twin Cities area. And IAA Elkton, […] [Read More]
PREMIUM PODCAST: Auto auction execs talk tech’s in-lane, online benefits
Tuesday, Dec. 13, 2022, 09:35 PM
Auto Remarketing Staff
As an added benefit for Cherokee Media Group Premium Members, we are offering special episodes of the Auto Remarketing Podcast featuring general sessions from Used Car Week in November. Our next special episode features the "Auction Technology Part II: Auctions Executives on Tech’s Online and In-Lane Roles" panel discussion, which included Jaime Kruss of IAA, Kelly […] [Read More]
Lane watch: Weekly sales rate ‘less than ideal’
Tuesday, Dec. 13, 2022, 08:34 PM
Auto Remarketing Staff
Black Book reported on Tuesday that the estimated average weekly sales rate now has declined for seven weeks in row, sliding to 48% during the latest stretch that closed on Saturday. The drop coupled with overall wholesale prices softening another 0.88% prompted analysts to say in the newest installment of Market Insights that “sales rates […] [Read More]