CarDr’s diagnosis shows issues that could be costing the used-car industry more than $7 billion. The latest diagnostic study from the automotive diagnostic and appraisal technology provider, using data from CarDr’s on-board diagnostic scanner, found more than 5.5% of all vehicles analyzed had undetected transmission-related issues. The company’s report extrapolated that over the 7.3 million […] [Read More]

The National Auto Auction Association’s newly created Cybersecurity Task Force has completed its first task. The group, which was created in October following the NAAA World Remarketing Convention, launched its Cybersecurity Essentials for Auctions, an ongoing series of resources to provide information and guidance on cybersecurity protections for NAAA members. The first of those resources […] [Read More]

Roughly once a month, my three siblings and I get together on Google Meet for the “Overby Sibling Book Club.” Yes, we are that cool. It’s a tradition we started in the early days of COVID and have spent the last five years taking turns selecting the book each go-round. As you might expect, the discussion usually morphs from sharing our opinions on the book to ... [Read More]

There’s change at the top at RPM. The automotive logistics provider announced Barry Spilman, the company’s founder and CEO, will transition from that role to serve on board of directors. Under his direction, the company has grown from a startup in 2012 to a consistent top 50 freight brokerage and top 100 logistics provider, RPM […] [Read More]

Black Book noticed two of the most important trends in the wholesale market made notable moves during the first full week of the year. Analysts said last week’s auction conversion rate rose to 60%, while wholesale values dropped by 0.81%, resulting in the largest single-week overall price decline since mid-December 2023. “Auction activity was robust […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Casey Harmon, who is senior vice president at RunBuggy. Harmon shares his perspectives about how the transportation sector is handling the demands of dealers, consignors and other clients who sometimes want vehicles […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with an executive panel featuring six leaders from the wholesale market. Sharing their assessment of current conditions and how this year might unfold were: Mike Caggiano, ADESA Jason Ferreri, America’s Group Steve Kapusta, SmartAuction John Mathiowetz, IAA […] [Read More]

After reaching a “post-pandemic nadir,” wholesale auction sales climbed for the second straight year, jumping nearly 10% in 2024. But with a staggering drop in lease maturities on the horizon, sales are likely to remain static in 2025 before moving up a bit in 2026. That’s according to the latest AuctionNet data and accompanying commentary […] [Read More]

Just in time for the upcoming Super Bowl in the Big Easy — and NADA Show 2025, for that matter — SIXT USA on Friday announced the opening of its newest U.S. location at Louis Armstrong New Orleans International Airport (MSY). According to a news release, the opening marks SIXT’s first branch in Louisiana and […] [Read More]

The National Auto Auction Association’s newest safety training program is up and running. NAAA announced its revamped NAAA Safety Training is now available, with 10 new live-action video courses replacing the previous animated video courses. That includes a “Driver & Lot Safety” course tailored for drivers. In addition to those 10 videos, NAAA has launched […] [Read More]