Auction News

Bruce Beam, ServNet president, announced that Dealers Auto Auction of Idaho has joined the group of independent auctions. “ServNet continues to expand its footprint in the West, and we are…
KAR Auction Services Inc. has signed a definitive agreement to acquire BacklotCars Inc. for $425 million. BacklotCars is an app and web-based dealer-to-dealer wholesale platform featuring a 24/7 “bid-ask” marketplace…
McConkey Auction Group announced that it has retained Joe Lemonds as general manager of DAA Las Vegas. Lemonds and his family will relocate to Las Vegas from South Carolina, where…
ADESA has launched the auto remarketing industry’s first powersports-exclusive, private-label digital auction. Authorized Yamaha Motor Canada dealers can now search, bid and buy used inventory online from Yamaha Financial Services—including…
McConkey Auction Group (MAG) is excited to announce its expansion into the southwestern United States via Dealers Auto Auction of Las Vegas. MAG’s partnership with DAA Las Vegas’ Dan Thomas…
Westlake Flooring Services announced a strategic agreement with SmartAuction, Ally Financial’s online auction platform, to enable dealers to purchase inventory through SmartAuction’s website using their Westlake floor plan. “Westlake Flooring’s…
Louisiana’s 1st Choice Auto Auction has a 10-year tradition of hosting a golf tournament to benefit several nonprofits in the Hammond area. It has grown substantially, and the tournament has…
KAR Auction Services has hired automotive industry veteran Steve Jordan as Executive Vice President, KAR Global Dealer Sales. Jordan will join the company in September, after serving for seven years…
Buffalo Auto Auction has retained TPC Management to provide the company with strategic consulting services. For more than 20 years, TPC has provided consulting programs to a variety of automotive…