Auction News

KAR Auction Services Inc. announced its participation in the Mobility Open Blockchain Initiative (MOBI) Electric Vehicle Grid Integration (EVGI) working group alongside representatives from Accenture, GM and Honda. MOBI is…
Average wholesale prices reached a peak for the year in April. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle…
ADESA announced Matt Laughridge has been named general manager of ADESA Mobile Auctions. Laughridge joined the auto remarking industry in 1999. He most recently served as director of mobile auction…
Ninety-two of the nation's top auctioneers, ringmen, and auction teams recently competed to claim the four World Champion titles at stake plus $12,500 in prize money and trophies at the…
Copart Inc. acquired a new 68-acre location in West Mifflin, Pa., that was previously the General Motors Fisher Body Plant from the 1940’s through 2007. Copart has renovated the facility…
Copart Inc. announced the launch of its sixth annual Copart Rebuild Challenge. The Copart Rebuild Challenge is a contest for car enthusiasts and automotive rebuilders around the United States to…
ServNet Auctions announced that long-time CEO Pierre Pons will step down as chief executive at the end of 2019. Pons has headed ServNet’s executive team since 2008. His firm, TPC…
XLerate Group Auctions’ Texas Lone Star Auto Auction – Lubbock announced the addition of a newly completed 20,000-square-foot reconditioning facility. The new facility includes 14 mechanical bays, three detail lanes,…
ADESA announced new general managers at two auction locations in the Central Region. Kevin Stumm has been appointed general manager of ADESA Des Moines, and Jeff Brinkley will lead ADESA…
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