Auction News

KAR Auction Services Inc. launched its ADESA Europe digital auction, a rebranding of Belgium-based CarsOnTheWeb (COTW). Acquired by KAR in February, COTW is now fully integrated into the KAR family.…
PAR North America, a division of KAR Auction Services Inc., named Drew Shull as vice president of sales and client experience. In his new role, Shull will focus on enhancing…
Auction Academy, a continuing education program developed by TPC Management Co. (TPC), launched its sixth class group with training in Nashville May 16-18. The two-day session was the first in…
The National Automotive Finance Association named Joel Kennedy as its next president, succeeding Sharon Mancero who held the post for the previous two-year term. As with prior NAF Association presidents,…
The 2019 spring/tax season market started later but lasted longer than other years, according to ADESA Analytical Services. Average wholesale prices were up on both a month-over-month and year-over-year basis…
KAR Auction Services Inc. announced that the Securities and Exchange Commission has approved IAA Inc.'s registration statement, allowing the salvage chain’s spinoff to move forward. As previously announced, the distribution…
CDK Global has joined with the National Independent Automobile Dealers Association as its newest Gold-level National Corporate Partner. NIADA’s partnerships provide a broad portfolio of trusted services that help its…
Manheim has named Tony Markese as vice president of reconditioning. Markese will be responsible for setting the company’s strategic direction for its reconditioning services. He joined the company in 1998…
The board of directors for KAR Auction Services Inc. formally approved the separation of its salvage auction business. KAR will distribute all of the outstanding shares of common stock of…