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NewsNovember 14, 2016

ADESA Kansas City Gets New General Manager

ADESA has promoted Kevin Rhoads, a 15-year veteran of the automotive industry, to general manager of its Kansas City auction location, the company announced this week.

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NewsNovember 14, 2016

izmocars to Showcase Virtual Reality Platform at Automobility LA

izmocars will showcase its newest virtual reality offering in the Tech Pavilion at this week's AutoMobility LA. Dealers will be able to use izmoVR in the showroom and service wait room. They can also make it available as a download from their dealership's website.

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NewsNovember 14, 2016

KAR Launches New Enterprise Functions to 'Accelerate Innovation' for Wholesale Industry

KAR Auction Services Inc. announced the creation of new enterprise functions and leadership roles in product development, data analytics and strategy. The company has both promoted from within and recruited from outside sources to fill these new positions.

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NewsNovember 10, 2016

ACV Auctions' New Hire to Help Grow Mobile-Enabled Live Auctions

ACV Auctions named Michael Waterman vice president of sales. He will be charged with helping the company grow its mobile-enabled live auctions.

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ArticlesNovember 8, 2016

How to Build a Loyalty Program

Expert offers a five-step plan to build your service business, encourage existing customers to visit more often, and boost sales of service contracts and accessories.

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NewsNovember 8, 2016

Black Book: Depreciation Slows for Cars and Trucks

Both the car and truck segments experienced an overall reduction in depreciation during the week of Oct. 28, with car and truck wholesale values decreasing by 0.53% and 0.58%, respectively, vs. 0.76% and 0.80% the previous week..

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NewsNovember 8, 2016

Wholesale Used-Vehicle Prices Decline in October, Manheim Reports

Wholesale used-vehicle prices declined 0.7% in October, according to Manheim. Non-seasonally adjusted prices declined 2%, with the Manheim Used Vehicle Value Index increasing 0.6% from a year ago to 126.0.

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NewsNovember 4, 2016

Copart Announces Land Expansion, Activation Across Five States

Copart Inc. announced the activation of reserve land in Georgia and Virginia, in addition to the expansion of existing locations in the Carolinas and Florida. The land expansions and activations are connected to Hurricane Matthew, allowing the global online vehicle auction company's Catastrophe Response Team to provide even greater service in response to weather-related damage.

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NewsNovember 3, 2016

Black Book: Small Cars Falter, Small Pickups Prosper in October

The average price of a used vehicle for model years 2011-2015 depreciated 2.9% in October, a noticeable change from September's 2.3% depreciation rate, according to Black Book.

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NewsNovember 2, 2016

ADESA Opens New Location In Chicago

ADESA has officially opened its new ADESA Chicago auto auction, a location that cost the company $40 million to develop, according to a company announcement.

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