Joe Phelps has been promoted to general manager of America’s Auto Auction Richmond, America’s Group announced. Phelps, who has worked in the auction industry for more than 25 years, had been serving as national institutional operations manager for America’s Group, which includes America’s Auto Auction and AXLE Funding. “I’ve spent nearly three decades in this […] [Read More]

The National Auto Auction Association announced its latest choice for its Industry Pioneer Award, a new memorial scholarship and donations on behalf of its outgoing president last week as it wrapped up the 2024 NAAA World Remarketing Convention in Orlando, Fla. Tribble selected as Industry Pioneer Larry Tribble Jr., chairman and owner of Southern Auto […] [Read More]

When her phone rang at the end of an auction sale last month, Debbie Stokes was in no mood to answer it. “I’m like smack dab in the middle of doing everything,” she recalled. “I look at my phone and it’s showing a number I didn’t have saved. “I’m like, ‘I don’t know who this is. Do I answer or do I not?’ Well, if I don’t answer I’m just going to have to call it back anyway, so I might as well just get this over with.” That turned out to be the right call ... [Read More]

Craig Amelung has officially become president of the National Auto Auction Association for the 2024-25 term, taking office when outgoing president Eric Autenrieth passed the gavel in a ceremony during the 2024 NAAA World Remarketing Convention in Orlando, Fla. During the convention’s all-member meeting, Tommy Rogers was elected vice president. Amelung is a 32-year auto […] [Read More]

Chuck Redden has become the latest industry leader to join the National Auto Auction Association Hall of Fame. The CEO of AutoTec and affiliate companies Auction Insurance Agency, AutoCheck Auctions, VIN CrossCheck, Centennial Casualty Company and AuctionACCESS was inducted during the 2024 NAAA World Remarketing Convention in Orlando, Fla. The Hall, established in 1968, recognizes […] [Read More]

The National Auto Auction Association (NAAA) and the Automotive Remarketing Alliance (ARA) celebrated Steve Kapusta this week at the 2024 NAAA World Remarketing Convention in Orlando, Fla. The senior vice president of Ally Remarketing Services for SmartAuction received the Ed Bobit Industry Icon Award. Jointly created by NAAA and ARA in 2015, the annually given […] [Read More]

Hurricane Helene crashed into the Florida coast last Thursday, creating unprecedented damage in a wide swath of the Southeast. After reviewing data from the week that closed on Saturday, Black Book already noticed the wicked storm influencing the wholesale market, with analysts predicting additional impact to prices and more going forward. For now, Black Book […] [Read More]

The National Auto Auction Association announced on Tuesday that four professionals have been honored by NAAA as Warren Young Fellows for their many contributions and distinguished service to the auto auction industry following their term as president of their respective NAAA chapters. Given in Orlando, Fla., as part of this week’s NAAA World Remarketing Convention, […] [Read More]

SIXT USA is going big in the Big Apple. On Monday, the rental car company announced it is strengthening its presence in New York and New Jersey as part of its ongoing U.S. expansion. The moves include the company’s expansion at Newark Liberty International Airport, recent openings in Jersey City and Times Square and a […] [Read More]

While some specific vehicle segments continue to gain value, Black Book spotted wholesale price declines often seen this time of year. Analysts said, “the market shifted towards typical seasonal expectations,” when wholesale values softened by 0.17% a week ago. Black Book continued in its newest installment of Market Insights that, “Despite last week’s drop, the […] [Read More]