Wholesale
Lane watch: No sign of summertime slowdown at the auctions
Wednesday, Jul. 23, 2025, 03:12 PM
Auto Remarketing Staff
Except for sales spikes when some operations host concerts and other special activities, the auction scene sometimes sags during this juncture of the summer. But that’s not the case this year, according to Black Book’s newest installment of Market Insights, which indicated that wholesale values dropped by 0.48% last week. “We are now in mid-July, […] [Read More]
Super Dispatch to power shipping option for Copart members
Wednesday, Jul. 23, 2025, 01:52 PM
Auto Remarketing Staff
Super Dispatch is ready to deliver for Copart. The automotive transportation management platform has partnered with online auto auction provider Copart, to deliver auction vehicles to Copart members in the U.S. In a news release, Super Dispatch said its all-in-one shipping platform allows Copart members to access its platform immediately after winning a vehicle to […] [Read More]
Salvato Auctions set to launch new auction for total-loss vehicles
Tuesday, Jul. 22, 2025, 11:54 AM
Auto Remarketing Staff
Salvato Auctions is go for launch. The auction for insurance vehicles announced it will launch its online salvage auction in three weeks, billing it as “a modern alternative to Copart and IAA.” Bidding for the first online auction is scheduled to begin Aug. 7 at 9 a.m. CDT and will remain open through 9 a.m. […] [Read More]
Sales conversion rates for commercial consignors slow from Q1 highs, but beat year-ago figures
Monday, Jul. 21, 2025, 03:08 PM
Joe Overby, Senior Editor
Though they didn’t reach the heights of the first quarter, conversion rates at auction for commercial consignors in the second quarter were up more than 4 percentage points year-over-year and remained above prior-year figures through the first half of 2025.
That’s according to the Q2 Industry View from AutoIMS, which provides a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with few needed exclusions) — a vast majority of the commercial sales volume at wholesale auto auctions in North America.”
Specifically, conversion rates for commercial consignors ... [Read More]
What changes at OVE & Manheim.com mean for dealers, independent auctions & Cox Automotive
Friday, Jul. 18, 2025, 03:57 PM
Joe Overby, Senior Editor
You may have seen LinkedIn posts this week involving Manheim.com, OVE and the vehicle listings from independent auto auctions. On Friday, Auto Remarketing connected with Joe Kichler — senior vice president, digital and supply chain at OVE and Manheim parent Cox Automotive — to get some clarity on the decision made by the company and […] [Read More]
Partnership gives ADT’s carriers discount on Ship.Cars platform
Friday, Jul. 18, 2025, 02:17 PM
Auto Remarketing Staff
Ship.Cars, a provider of software for car hauling companies, has partnered with auto transport broker Auction Direct Transport, giving ADT‘s carrier network access to the Ship.Cars platform at a discounted monthly rate. The companies said the collaboration will offer the carriers efficient dispatch operations, real-time load alerts and improved profitability. “ADT is a high-volume shipper […] [Read More]
MAG Alaska, DAA Portland the latest additions to ServNet’s network
Friday, Jul. 18, 2025, 10:54 AM
Auto Remarketing Staff
ServNet Auction Group has added two more locations to its network of independent auctions. McConkey Auction Group’s newest additions — MAG Alaska and DAA Portland — are now on board, which ServNet said marks not only MAG’s continued expansion but also ServNet’s “commitment to fostering innovation, operational excellence and trusted service within the automotive remarketing […] [Read More]
Auction news: MKSAA lends helping hand to children; Salvato announces bidding software integrations
Thursday, Jul. 17, 2025, 02:34 PM
Auto Remarketing Staff
Mid Kansas Auto Auction gave a helping hand to children in its community who need one. The Wichita auction’s Helping Hands Benefit Sale on June 18 raised $30,077 for Wichita’s Littlest Heroes, a nonprofit organization that serves medically fragile children and their families in Kansas through free events, financial assistance, art therapy, online support and […] [Read More]
Lane watch: Buyers & sellers finding more common ground
Wednesday, Jul. 16, 2025, 04:18 PM
Auto Remarketing Staff
The practice is as old as commerce itself; the process of buyers and sellers meeting on the price of that good or service. Well, it seems that practice was prevalent at the auctions last week, based on the latest observations from Black Book, which said wholesale values softened by 0.63%. That’s a rate more than […] [Read More]
ARA, NAAA to jointly host Spring Remarketing Exchange
Wednesday, Jul. 16, 2025, 12:20 PM
Auto Remarketing Staff
The Automotive Remarketing Alliance and National Auto Auction Association said Wednesday that they will jointly host the Spring Remarketing Exchange next year. The event is March 2-4 at the Renaissance Dallas Addison Hotel in Addison, Texas. ARA had previously partnered with Bobit Business Media for the spring CAR Conference. The parties mutually agreed to wind […] [Read More]
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