Auction News

Laura Taylor, president of the National Auto Auction Association, announced the cancelation of NAAA’s 2020 annual convention in a press release. After discussing the numerous changes to the industry because…
The International Automotive Remarketing Alliance (IARA) announced it will be transitioning its 2020 IARA Summer Roundtable Conference to a virtual platform. Sources at IARA state, “The 2020 IARA Virtual Summer…
Manheim President Grace Huang announced the company is bringing back hundreds of furloughed employees and, on June 8, began allowing sellers to rep cars in the lanes. “I’m happy to…
Ready Logistics, a full-service transportation provider, has released two enhancements for clients: The Transportation Status Tracker on Manheim.com that will help dealers keep tabs on their vehicles and a “Carrier…
The National Auto Auction Association announced that Warren Byrd has stepped down from the association’s board of directors after more than a decade of service on the leadership team. Byrd’s…
The Reynolds and Reynolds Company announced that Tommy Barras has been promoted to president and chief operations officer. The promotion is effective immediately. Barras will report directly to Reynolds Chairman…
Carolina Auto Auction has broken ground on an additional 16 acres that will include a 28-bay facility that will house the mechanic and CR area as well as create a…
KAR Auction Services Inc. has announced the placement of $550 million in newly issued perpetual convertible preferred stock of KAR Global. The preferred stock has a 7.0 percent dividend, which…
Xcite Advertising, an automotive marketing company, announced a complete rebranding and name change to Xcite Automotive. The Chicago-based company is expanding its product offerings to the automotive industry through the…