Black Book observed signs of what analysts called the “summertime slowdown,” as last week included the Fourth of July. While some auctions and dealers might have backed off a bit because of the holiday falling on a Tuesday, Black Book still saw another 0.47% decline in wholesale values. Analysts added the estimated average weekly sales […] [Read More]

Dealers Auto Auction Group has named David Diedrich its chief client officer, the company announced. Diedrich was promoted from vice president of national sales and operations. He joined DAAG in 2020 as director of national sales before being elevated to the VP position. The company said he has been an integral part of its growth […] [Read More]

The McConkey Auction Group is expanding. And this time, it’s through an all-new greenfield location. The auction group announced Thursday that it has launched MAG Alaska, a hybrid auction located on four acres in Anchorage. The location includes a 300-unit consignment lot, test track and vehicle inspection services. Vehicles are actually sold through the company’s […] [Read More]

Like many of us, the Black Book team celebrated the Fourth of July on Tuesday, so its newest installment of Market Insights appeared on Wednesday, giving analysts the chance to compile their data wrapping up June and glimpsing into the first day of the new month. What Black Book found was all 22 vehicle segments […] [Read More]

America’s Group, consisting of America’s Auto Auction and AXLE Funding, announced the promotions of three leaders to executive director positions. Keith Fetz has been named executive director of digital strategy, Sawyer Walker is now executive director of national sales and Melissa Miller has been promoted to the role of executive director of marketing. Fetz will […] [Read More]

Manheim announced enhancements to its Manheim Market Report, broadening MMR’s coverage while making it more responsive to fast-changing market dynamics, adding a cleaner interface and providing more trustworthy estimated retail values. Manheim is also making MMR available to all wholesale marketplaces. “The market is shifting faster than ever before, and our team has worked tirelessly […] [Read More]

The September edition of Auto Remarketing will celebrate the National Auto Auction Association, its 75th anniversary and the auto auction industry at large. One of the features in this special issue is the annual “Auction Life” photo spread, where we invite NAAA-member auctions to submit photos of daily auction life from the past year. If you and […] [Read More]

As part of the upcoming NAAA Convention issue of Auto Remarketing, we are once again spotlighting the High Performance Auto Auctions, a program presented by CARS Recon. Essentially, this is a roundup of “Auto Auction of the Year”-type awards from consignors, auction groups and other industry stakeholders. For example, if you are a consignor, this might […] [Read More]

Auto Auction Services Corp., better known as AutoIMS, has made several changes to bolster its client success team. The team is headed by Ann Cammarata, an AutoIMS veteran who has been promoted to vice president of client success. She continues to oversee the client support team, and in her new role, she is also responsible […] [Read More]

ACV is extending its reach into the commercial consignment segment, the company tells Auto Remarketing in an exclusive interview. It’s a broad strategy that includes ramping up its presence in additional segments of commercial consignment, the prior purchase of a physical auto auction, hiring of two remarketing industry veterans to lead this expanded offering and more. The company said it will offer its entire suite of digital solutions to commercial consignors, including ... [Read More]