Auction News

A Mercedes-Benz 300 SLR Uhlenhaut Coupe from 1955 has been sold at auction for a record price of $142 million (135 million EUR) to a private collector. This icon of…
Westlake Financial proudly revealed its 2021 Auction of the Year Award winner and Top Regional Auction performers. Each year, Westlake’s Remarketing Division awards the top auction the Auction of the…
Since the beginning of 2022, heavy-duty truck auction values have shown a 7% decrease while inventory levels have increased 28%, according to the latest Sandhills Global Market Report. These trends…
KAR Global successfully completed its sale of the ADESA U.S. physical auction business to Carvana. The sale, originally announced in February, includes all ADESA U.S. physical auction sites, operations and…
Carolina Auto Auction is completing a new Inspection Center and Mechanic Shop that will include a 28-bay facility. This new center will house the mechanic and CR area as well…
The Tom Caruso Memorial Scholarship Fund has been established to assist full-time National Auto Auction Association members or corporate office employees, their children, stepchildren, and grandchildren who plan to continue…
North Bay Auto Auction has been recognized by Merchants Fleet as its Top Overall Auction for 2021. This marks the second year running that North Bay has led the nation…
When automakers report sales next week, there will be little talk of spring growth. The seasonally adjusted annual rate (SAAR) of sales is forecast by Cox Automotive to be near…
The market gained some strength last week, with the overall market increasing for the first time since the week before Christmas last year, according to Black Book’s Weekly Market Insights.…
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