Auction News

Wholesale prices over the past seven months may reflect used-car market ‘fatigue,’ reported Tom Kontos, chief economist for KAR Global, in his December 2019 Kontos Kommentary. Kontos, in his report,…
Location Services, LLC, a loss mitigation provider, has made several changes to its senior management team. Lee McCarty, CEO of Location Services, has decided to retire after 35 years in…
Bryan K. Barnett, mayor of Rochester Hills, Mich., and president of the U.S. Conference of Mayors, celebrated the signing of the United States-Mexico-Canada Agreement (USMCA) implementation legislation by President Donald…
Following the acquisition of the Fort Wayne Auto Truck Auction last September, the Indiana Auto Auction has made some key additions to its managerial staff, reports the auction’s managing partner,…
KAR Auction Services Inc. has added Carmel Galvin to its board of directors effective Feb. 1. Galvin brings more than 25 years of leadership experience from her work with global…
Barrett-Jackson kicked off its “Road to 50” – a year-long celebration toward the company’s 50th anniversary – with its largest and most successful auction in its 49-year history. The celebrity-filled…
Market Scan Information Systems, Inc., has named Joey Imparato the vice president of sales and performance management for the automotive data and solutions provider. Imparato will oversee sales strategy, product…
The Penn Warranty Corporation and Prime Auto Care Inc. announced the addition of Brian Cosgrove to the company’s executive leadership team. Cosgrove succeeded Jude Tuma, the company’s current president and…
KAR Auction Services Inc. announced Lisa Price, KAR’s executive vice president of human resources, will take on the expanded role of chief people officer. Price is the first to hold…