Monday, 20 November 2017 20:31
The National Auto Auction Association presented Dean Fumasi with the NAAA Bernie Hart Memorial Auctioneer Award at the organization's 69th convention. Fumasi has been an auctioneer since 1986. In 1996, he began working for Brasher's at its two auctions in Oregon. ADESA acquired the eight-auction Brasher's Group in 2016. The Bernie Hart Memorial Auctioneer Award honors "the most visible person in the auction industry." It is named after long-time NAAA Executive Director Bernie Hart of Lincoln, Neb., who served the association for more than 30 years before retiring in 1988.
Tuesday, 10 October 2017 19:31
The XLerate Group announced that Pat Stevens has joined the company as chief operating officer. Stevens began his auction career with ADT Automotive in 1994 as a fleet manager. He joined ADESA in 2000 as general manager of ADESA Dallas. At ADESA, he was promoted to regional vice president, West, then executive vice president, West. He has served the industry at both the regional and national levels of the National Auto Auction Association (NAAA), acting as NAAA Western Zone President and as a member of the Auction Standards Committee. Stevens graduated from Texas A&M University.
Monday, 09 October 2017 20:22
The Midwest Chapter of the National Auto Auction Association has won the NAAA Political Action Committee PAC Cup Challenge for the first time after contributing $10,000. The PAC Cup will be awarded to the Midwest Chapter Board of Directors during the NAAA/NRC Convention in La Quinta, Calif.Five years ago, the National Auto Auction Association created its own political action committee (NAAAPAC). The PAC Cup Challenge is designed to spur fundraising efforts. The name of that regional chapter will be engraved on a large trophy to honor the members’ efforts. This year more than $30,000 was raised nationally.
Thursday, 29 June 2017 01:05
Sales of actual and projected used vehicles totaled 9.8 million units worth $100 billion at National Auto Auction Association (NAAA) member auctions last year, according to the trade organization's 20th annual survey. The results showed that the number of vehicles entering the auctions increased by 2.3 percent to 17.7 million, and the number of units sold was up 4.6 percent over the previous year. Dealer consignment vehicles represented the largest number of units sold at 52 percent, followed by fleet-lease and repo with 40.3 percent, factory vehicles at 6.5 percent, and 1.2 percent from other sources. Conducted by CliftonLarsonAllen, LLP of Arlington, Va., for NAAA, the survey provides the most accurate picture available of the wholesale auto auction industry, with a 74 percent response rate representing 252 of NAAA member auctions. The reported total vehicles entered and sold, and the related gross values are projected to estimate the totals for all 342 NAAA member auctions.