Auction News

IAA Inc., a global digital marketplace connecting vehicle buyers and sellers, has upgraded its Loan Payoff tool with the ability for insurance carriers to pay off leases from participating lenders.…
Manheim recently expanded its Local Auction Network to include Manheim Montpelier. The new location (previously Montpelier Auto Auction) held its grand opening sale on July 13 and sold more than…
In the past year, Manheim has expanded LotVision to include over half of all locations nationwide, enabling more clients to find their cars faster, while saving time and enjoying greater…
Manheim reported wholesale used vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 1.3% month-over-month in June. This brought the Manheim Used Vehicle Value Index to 200.4, a…
Patty Covey marked her 25th year of working at State Line Auto Auction earlier this year. Reaching this milestone, she receives one paid month completely off from work. Covey chose…
Chad Bailey, the president of Akron Auto Auction and Value Auto Auction in Akron, Ohio, was named the 2021 Vehicle Remarketer of the Year. He received the award during the…
Jack Tracey, executive director of the National Automotive Finance Association, died June 21 after a brief battle with leukemia. He was 74. β€œHe will always be remembered as a founder,…
Pyle Family Auctions named auction veteran Jane Morgan as its chief client officer. As the CCO, Morgan will focus on sales growth and the client experience; as well as operational…
The National Highway Traffic Safety Administration posted a new website to make it easier for any employee or contractor of a motor vehicle manufacturer, part supplier, or dealership to provide…
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