E-NEWSLETTER

GM Financial named ADESA San Diego (California) as its 2011 Auction of the Year as part of the company’s nationwide Auction of Excellence program.

Tags: ADESA, auto auctions, GM Financial, Manheim

The 2012 NADA convention marked the culmination of four years’ of planning, research and development for Todd Kinzle, president of Auction Genius, and his software development team.

Tags: Auction Genius, auto auctions

Westlake Financial Services named Norwalk Auto Auction as its overall 2011 Auction of the Year.

Tags: auto auctions, Norwalk Auto Auction, Westlake Financial Services

Kelley Blue Book (KBB) announced that its Auction Value solution has integrated with Auction Genius, a web-based software provider for auto dealers buying vehicles at auction.

Tags: Auction Genius, auto auctions, kbb.com, Kelley Blue Book, Web tools

Auction Genius announced the launch of its web-based software solution for auto dealers buying vehicles at auction.

Tags: Auction Genius, auto auctions, Web tools

Kelley Blue Book’s Blue Book Market Report for December 2011 revealed that vehicles typically found in high volume within rental fleets have appreciated the most since the start of the year.

Tags: auto auctions, kbb.com, Kelley Blue Book, rental fleet

Greensboro Auto Auction announced it has integrated access to Carfax Vehicle History Reports and Carfax Auction Quick Check at Greensboroaa.com.

Tags: auto auctions, CARFAX, remarketing

Wholesale used-vehicle prices continued to soften through October in all three of the traditional auction industry seller segments (factory, fleet/lease and dealer consignment), according to ADESA Auction’s Tom Kontos.

Tags: ADESA, auto auctions, consignment, remarketing, used vehicles, used-vehicle values, wholesale pricing

Westlake Financial Services named Kansas City Independent the Top Overall Auction for the third quarter. It finished near the top in almost all sales categories.

Tags: auto auctions, remarketing, Westlake Financial Services

vAuto announced that its customers can now source used vehicles available at Auction Pipeline auctions. They also have the ability to access run lists from within vAuto’s proprietary stocking module.

Tags: Auction Pipeline, auto auctions, inventory, used vehicles, vAuto

Mercedes-Benz Financial Services announced it is converting its Manheim Milwaukee and Manheim Dallas-Fort Worth live auction sites to exclusively online highline sale auctions.

Tags: auto auctions, Internet, Manheim, Mercedes-Benz, Mercedes-Benz Financial Services, remarketing

OPENLANE’s free 30-Day Buy-Back Guarantee program allows dealers to return the vehicle to the company within 30 days of purchase if they are not satisfied. The offer runs through August.

Tags: auto auctions, OPENLANE

Westlake Financial Services announced its top auctions list for the second quarter, with Norwalk Auto Auction and Manheim Nevada taking the top spots.

Tags: auto auctions, Manheim Nevada, Norwalk Auto Auction, Westlake Financial Services

Kelley Blue Book is offering dealers and other industry service companies a free, no-obligation, 30-day trial of its newest valuation product Quick Values.

Tags: auto auctions, Kelley Blue Book, new-vehicle values, used-vehicle values

Westlake Financial Services named its top auctions for the first quarter 2011.

Tags: auto auctions, Westlake Financial Services

The arrival of 2010 model-year vehicles at auction has put downward pressure on late-model luxury vehicles, according to this month’s Blue Book Market Report from Kelley Blue Book.

Tags: auto auctions, Kelley Blue Book, luxury vehicles, Vehicle Sales

NADA Used Car Guide (NADA) has introduced auction values to its electronic product line. These new values are updated weekly to help customers better understand pricing activity for the disposal or purchase of a vehicle in the dynamic auction remarketing channel.

Tags: auto auctions, NADA, NADA Convention and Expo

Online auction company OPENLANE Inc. launched its nationwide third party inspection (TPI) service, which will allow sellers to order during the listing process on OPENLANE’s auction site, www.OPENLANE.com.

Tags: auto auctions, OPENLANE, third-party inspections

Copart Inc., an online vehicle auction company, has integrated Dealer Services Corporation (DSC), an independent used-car financing company, into its Website, www.copart.com, allowing Copart members to select and pay for vehicles by accessing their DSC account.

Tags: auto auctions, used-vehicle financing

A Motor City auto auction claimed three awards – including the top overall prize – when Chase, the nation’s largest auto lender, announced its 2009 Chase Cup for Auction Excellence winners.

Tags: auto auctions, chase

vAuto announced Monday that its customers can now source used vehicles available at ADESA auctions by accessing ADESA run lists from vAuto’s proprietary stocking module.

Tags: ADESA, auto auctions, vAuto