After a late fall juncture that generated multiple instances of vehicle segments dropping in value by 3% or more in a single week, Black Book watched the wholesale market finish 2023 with what analysts classified as “normal.” Black Book reported on Wednesday that wholesale values declined 0.68% during the week that stretched to the next-to-last […] [Read More]

OPENLANE wants to make damage detection clear and simple. That’s the company’s goal in introducing Visual Boost AI, a tool that produces damage detection overlays for every dealer-consigned vehicle in OPENLANE’s U.S. marketplace. The artificial intelligence-powered technology is designed to supplement vehicle inspection data by prominently highlighting detected exterior damage directly onto photos within the […] [Read More]

America’s Auto Auction Houston has a new general manager. Kyle Drake, one of Auto Remarketing’s “40 Under 40: Industry” honorees for 2023, has been promoted into the auction’s top position, parent company America’s Group announced Wednesday. Drake joined AAA Houston as assistant general manager in February after eight years with AAA Austin, where he began […] [Read More]

Vehicle logistics provider Autosled, a provider of digital technology solutions for automotive vehicle transport logistics, has launched the Dealer Exchange Network, technology that allows dealers to order both outbound and inbound vehicle exchanges simultaneously, which enables both exchanges to be handled by the same transporter. The tool is designed to create a seamless round-trip experience […] [Read More]

Two vehicle sourcing platforms are joining forces. Online auction platform Auction Central and sourcing and appraisal tool Carbly announced an integration to create what Carbly CEO Scott Roth called “a unified car-buying experience for our dealers.” Last month, Carbly launched Auction Plus, a new service designed to allow dealers to search for vehicles across a […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a keynote presentation titled, “The Whole Story About Wholesale Today,” featuring Pete Grupposo, who serves as senior vice president of sales for Cox Automotive. Listen to the episode in the window […] [Read More]

Autosled, a provider of digital technology for vehicle transport logistics, announced the addition of former Spireon director of sales and client success Boris Rozanov as sales director. Autosled said Rozanov will serve as both sales leader and an individual contributor. His leadership role includes managing and assisting the sales team in meeting sales targets, devising […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features representatives from High Performance Auto Auctions who discussed M&A and more. The panel included: —David Diedrich of Dealers Auto Auction —Bob McConkey of McConkey Auction Group —Sawyer Walker of America’s Auto […] [Read More]

Black Book announced an integration with peer-to-peer vehicle transaction platform PrivateAuto to give buyers and sellers more visibility into the values of the vehicles on the platform. PrivateAuto is designed to remove the middleman and provide an enhanced level of transparency to the private-vehicle sale process, using proprietary banking technology so buyers and sellers can […] [Read More]

ADESA Kansas City took the top prize in Chase Auto’s Chase Cup for Auction Excellence awards. The auction was awarded the Chase Cup for Best National Auction Performance in a Zoom presentation this week. The awards, in their 25th year, recognize auctions for exceptional performance. Chase reviewed 37 auto auctions based on how they handled […] [Read More]