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THE GOOD FIGHT: Paul John, executive director of the Georgia Independent Automobile Dealers Association, discusses how the association fought against state legislation that would have raised the taxes on used-car purchases.

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Auctions (216)

Latest News

KAR Reports Higher Revenue

Wednesday, 09 August 2017 17:13

KAR Auction Services Inc. reported revenue of $858 million as compared with revenue of $788.5 million for the second quarter of 2016.
Net income for the second quarter decreased to $57.2 million, as compared with net income of $61.8 million in the second quarter of 2016. Net income for the quarter was negatively impacted by $17.3 million resulting from the company's refinancing activities.
Adjusted EBITDA for the quarter increased to $223.5 million, as compared with adjusted EBITDA of $197.1 million for the second quarter of 2016.

NIADA Adds PCG as Partner

Wednesday, 09 August 2017 17:13

PCG Companies has teamed with the National Independent Automobile Dealers Association as its newest National Member Benefit partner.
PCG is offering NIADA members discounted rates on PCG's suite of online specialist certification courses as well as its library of published works. Members will also have access to a digital marketing package designed to meet their unique needs.
PCG offers a variety of marketing and training services designed to benefit dealers in the independent market. PCG has served the auto industry since 2005 with its blend of digital marketing, consulting, training and research.

Popular News

ADESA Winnipeg has been named for the second consecutive year…
Insurance Auto Auctions Inc. has secured 22 real estate locations…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally…
Black Book’s Used Vehicle Retention Index for July is unchanged…

IAA Prepares for Disasters

Tuesday, 08 August 2017 22:04

Insurance Auto Auctions Inc. has secured 22 real estate locations in 10 states to prepare for the weather event season and potential catastrophic events.
The IAA CAT Team is a full-spectrum catastrophe service that operates on scene using the company's resources to recover the influx of total loss vehicles. The IAA CAT team has been in operation for over 30 years.
The IAA CAT-related expansions announced include 22 locations in 10 states.

Auction Veteran Retires

Tuesday, 08 August 2017 22:04

Manheim announced that Jay Cadigan, vice president of industry relations, will retire on Aug. 31.
Cadigan’s retirement marks the end of a renowned automotive industry career spanning four decades, including leadership positions in the auction as well as leasing and rental car remarketing businesses.
As vice president of industry relations since 2012, Cadigan led Manheim's strategic efforts to develop, promote and establish consistent standards, processes and policies that further the industry. Prior to that, he served the company as market vice president for Florida and Puerto Rico, president of sales and operations for the General Motors and Avis Budget Group accounts and general manager of Skyline Auto Exchange (now Manheim NY Metro Skyline).
Throughout his career, Cadigan served the remarketing industry in National Auto Auction Association (NAAA) volunteer leadership roles. A 2015 inductee into the NAAA Hall of Fame, he is a past president of the association and current member of its executive committee and board of directors, serving as executive vice president.  
Cadigan is also a past president of the Eastern Auto Auction Association.
Other recent industry honors include Cadigan's award of the Ring of Honor in 2016 from the National Independent Automobile Dealers Association (NIADA) and being named Remarketer of the Year at the 2015 Conference of Automotive Remarketing.
Cadigan began his automotive career working at a car dealership before earning a bachelor's degree in business management from St. Mary's College of California. Prior to joining Manheim in 1993, Cadigan served as assistant general manager of Golden Gate Auto Auction in Fremont, Calif., and gained remarketing experience by working with US Fleet Leasing, Avis Car Leasing and Hertz.

Canadian Sale Earns NAAA Honors

Canadian Sale Earns NAAA Honors

ADESA Winnipeg has been named for the second consecutive year the National Auto Auction Association’s 2017 Eastern Chapter Auto Auction of the Year for its outstanding public service. The Manitoba,...

Mazda Recalls Vehicles for Airbags

Mazda Recalls Vehicles for Airbags

Mazda North America Operations (Mazda) is recalling 205,377 2009-11 Mazda 6, and 2007-11 CX-7 and CX-9 vehicles. These vehicles are equipped with certain air bag inflators assembled as part of...

  • Columbus Fair Auto Auction Adds Compliance Department
    Columbus Fair Auto Auction  Adds Compliance Department Columbus Fair Auto Auction has developed its own compliance department.Angela Whitt has been named the auction’s compliance manager. Whitt will be focused on building a comprehensive program that is a…
    Written on Thursday, 28 July 2016 16:58
  • Firm Focuses on Safety
    Firm Focuses on Safety XLerate Group announced that nearly 800 employees and managers completed National Auto Auction Associaton’s Auction Safety Certification and Lane Safety Training initiatives. Since April 2016, those employees and management team…
    Written on Monday, 01 August 2016 12:46
  • BSC America Hires Manager
    BSC America Hires Manager Tommy Rogers has joined Bel Air Auto Auction as general manager of its Clayton Station Auction Center. As part of the BSC America management team, Rogers will also perform regional…
    Written on Sunday, 24 July 2016 16:09
  • ADESA Names Dealer Relations Director
    ADESA Names Dealer Relations Director ADESA announced that Trent Strauss has been promoted to director of dealer relations for ADESA, effective immediately. Strauss will report to Steve Dudash, vice president of dealer services. In his…
    Written on Wednesday, 28 September 2016 12:23
  • Depreciation Rates Improve
    Depreciation Rates Improve The average price of a used vehicle for model years 2011-15 depreciated by 1.5 percent during July, slightly better than June’s 1.7 percent, according to Black Book. The market performance…
    Written on Wednesday, 10 August 2016 14:59
  • NAAA Offers Support for Flooded Sale
    NAAA Offers Support for Flooded Sale National Auto Auction Association President Mike Browning drew attention to the victims of the flooding in Louisiana in a letter to members on Aug. 19, spotlighting member Oak View Auto…
    Written on Friday, 19 August 2016 14:40
  • Penske Reports Mixed Results
    Penske Reports Mixed Results Penske Automotive Group Inc. reported mixed results for its used-car operations in the second quarter.Used unit retail sales rose 6.8 percent, but same-store used unit retail sales declined 2.6 percent.Same-store…
    Written on Monday, 01 August 2016 17:56
  • City Honors Auction for Community Involvement
    City Honors Auction for Community Involvement Manheim Seattle won the City of Kent's “Best of Kent” award for the fifth consecutive year, qualifying the auto auction for the Kent Business Hall of Fame. The award is…
    Written on Wednesday, 03 August 2016 15:07
  • Association Honors Charitable Auction
    Association Honors Charitable Auction ADESA Winnipeg, located in Winnipeg, Manitoba, Canada, has earned the inaugural 2016 Eastern Auction of the Year Award from the National Auto Auction Association. The award honors excellence in community…
    Written on Friday, 19 August 2016 14:40
  • Cox Promotes Strategy VP
    Cox Promotes Strategy VP Cox Automotive has named Amy Mills senior vice president of strategy. In this role, Mills will work with Cox Automotive's executive leadership team to identify, execute and sustain strategic initiatives…
    Written on Thursday, 03 November 2016 20:51