Wholesale: Auction News

Wholesale: Auction News (144)

America’s Auto Auction Las Vegas, previously known as DAA Las Vegas, is proud to announce that Jay Hinchman is stepping into the role of General Manager, effective immediately.

Hinchman’s reputation is firmly rooted in over 25 years of experience in the automotive industry. He began as a client of the auctions with Bank of America Auto Group in Long Island, N.Y., where he served as the VP of Remarketing. Hinchman later took on leadership responsibilities at World Omni Financial Corp./Southeast Toyota Finance. In 2008, Hinchman joined KAR and soon took on the role of general manager at ADESA New Jersey and later ADESA Las Vegas. Hinchman advanced into several leadership positions, serving as regional Vice President of their Midwest and West coast auction operations. Most recently, he held the position of president at HighTech Locksmiths.

“I am honored to take on the role of General Manager at America’s Auto Auction Las Vegas,” Hinchman said. “I look forward to building on the strong foundation already in place and driving the company’s continued growth and success.”

Chuck Tapp, Chief Executive Officer, said Hinchman’s “deep industry experience and proven leadership capabilities make him an excellent fit for the role of general manager.” 

Enrollment for the Auction Academy’s newest class group – Class 8 – is complete. Now in its 12th year, Auction Academy is a leadership training program for professionals in the vehicle remarketing industry. It will launch Class 8 with a three-day meeting, Aug. 17-19, in its home base of Nashville, Tenn.

“We are excited to meet in Nashville to launch our next group of 30 students on their two-year journey,” said Penny Wanna, Academy President, “The curriculum includes quarterly meetings, alternating with digital/zoom sessions. Both formats include training led by experts in the remarketing field from all over the country.”

Penny Wanna, Academy President.

Class 8’s schedule in August leads off with a tour of the Nissan Manufacturing Plant, followed by the group’s opening session at Manheim’s Nashville Auto Auction. The group will participate in training sessions led by Charlie Vogelheim of Auction Academy, Eric Stevens of Littler Labor & Employment Law Solutions, Jeff Thomas and Rich Hardin of OVE, Dave Blake of DAA Seattle, and Lisa Franz of Big Valley Auto Auction. 

“We are delighted to return to Manheim Nashville to begin the program for our newest Class Group,” said Academy co-founder and CEO Pierre Pons. “Longtime General Manager Sam Chapel will host the group and lead them on a tour of a very impressive facility as he introduces them to this auction’s top-notch team.”

Auction Academy will mark a first with the enrollment of a commercial consignor in Class Group 8: Reshard Taylor, who has been in the Auto Finance Servicing industry since 2007. He started with PAR North America, based in Indianapolis, Ind., where he held various roles within repo and remarketing operations. Before joining Exeter Finance in 2019 as a regional auction Manager, Reshard held a similar role with Santander Consumer USA/Chrysler Capital. “Both Brent Huisman and his colleague Stephanie Compton, VP of Asset Remarketing at Exeter Finance, have been great supporters of Auction Academy for many years,” Wanna said. “It is wonderful to see the evidence of their commitment in the enrollment of the first Commercial Consignor in our next Class Group.”

Pons also praised Exeter and its leaders.

 “Over the years I have heard many consignors refer to the auctions as partners,” added Pons. “But Exeter Finance under Brent and Stephanie’s leadership really exemplifies its commitment to that industry relationship.”

Earlier this month, automotive industry veteran Chris Barile joined the team at Mid Kansas Auto Auction in Wichita, Kan., as the new sales manager.

Barile moved to Wichita after previously living in Murfreesboro, Tenn. 

“We’re thrilled to add Chris to our leadership staff,” says Trevor Ottley, general manager of Mid Kansas Auto Auction. “He has a great resume and fantastic work experience, but he’s joining our team because he sees what we’re trying to do here at Mid Kansas and he’s excited to keep building the business.”  

Barile has over 18 years of experience in the automotive industry and over 14 years in management. He will oversee the sales, fleet lease, and internet sales departments.

"I consider myself extremely blessed to be a part of the Mid Kansas Auto Auction family," Barile said. "I’ve been able to meet a number of dealers now and I’m excited to build those relationships and continue to meet new clients as well."

Barile served in the United States Air Force and is originally from Ocean City, N.J. He has four daughters.

Mid Kansas Auto Auction is a family-owned, dealers-only auction with sales every Wednesday available in-person or online.

Hagerty, Inc., an automotive lifestyle brand and specialty insurance provider alongside Broad Arrow Auctions, announced the Hendricks Collection at the Gateway Museum is now available online through Hagerty Marketplace, a trusted, easy-to-use platform to buy and sell automobiles. The lots will close between July 31 and August 11, with 2-3 cars ending each weekday during that period. 

The collection is split in half with approximately 25 being sold online as presented here and an additional 25 being offered at the Broad Arrow Monterey Jet Center Auction this August 17-18.

The Hendricks Collection comprises over 50 motor cars in total from the early 1900s through today with each car inspected and cataloged by a Broad Arrow specialist on behalf of Hagerty Marketplace. Offered on behalf of the Hendricks Collection at the Gateway Auto Museum, which is devoted to understanding, and celebrating, the history, design and social impact of the American automobile.

A significant highlight of the collection is the 2005 Ford GT, equipped with all four options and finished in Mark IV Red with white racing stripes. Showing just over 8,200 miles from new it is estimated at $250,000 - $300,000.

Another highlight is the 1957 Pontiac Bonneville Convertible, finished in Kenya Ivory and Bonneville Red and a red and white leather interior accented by a white power-operated Pinpoint convertible top with a new boot. Powered by a 347 cu-in overhead-valve V8 rated at 310 horsepower with a three-speed Hydra-Matic automatic transmission. Representing the first year of Bonneville production and the most well-equipped Pontiac on offer in 1957, this example is estimated at $125,000-$150,000.

A low-mileage, restored 1932 Auburn 8-100A Custom Speedster, estimated at $90,000-$110,000, finished in Burgundy with red accents over a Tan leather interior complete with Wilton wool carpets.  Powered by an eight-cylinder Lycoming engine, this example has been restored in the style of an Auburn Boattail Speedster. 

A well-restored 1956 DeSoto Adventurer Hardtop, finished in two-tone Jet Black with Adventurer Gold over a color-coordinated interior and powered by a specially modified, 341 cu-in Hemi V8 advertised with 315 horsepower. This DeSoto is one of 996 flagship Adventurer models built for model year 1956 and is estimated at $75,000-$100,000.

Montway Auto Transport has announced that transportation ordering for auction purchases is now accessible via EDGE Pipeline. In partnership with Auction Edge, a digital remarketing technology provider, this streamlined “one-click” solution for quick and secure vehicle transport has been rolled out to select auctions within the platform. This collaboration will enable dealers to efficiently manage their inventory in response to growing consumer demand for pre-owned vehicles.

Montway’s transportation ordering solution is a key part of improving the user experience on EDGE Pipeline. With 215 auctions managing over 4 million vehicles each year, Montway’s solution has the potential to significantly improve efficiency, save time and enhance the post-sale experience for dealers on Pipeline. Montway meets the needs of EDGE Pipeline users by offering a convenient pay-after-delivery option.

“Car dealers are changing their used-vehicle acquisition practices, increasing online auction transactions,” said Mike Trudeau, executive vice president of business development at Montway Auto Transport. “Launching this in-platform transportation ordering feature means dealers can now buy from anywhere in the country with confidence, knowing their purchases will be quickly and safely transported.”

By leveraging Montway’s technology and the brand’s nearly two decades of experience in the dealership and auction auto transportation spaces, EDGE Pipeline will offer a full service transportation management system for Pipeline users who buy from independent auctions.

Montway’s technology includes full transit visibility and real-time tracking after an order has been booked, enabling better inventory management and improving customer satisfaction. Additionally, EDGE Pipeline users can leverage Montway’s technology to get vehicles shipped from any auction across the country, expanding car buying opportunities.

David Diedrich has been promoted to chief client officer at Dealers Auto Auction.

Diedrich joined DAAG in January of 2020 as the Director of National Sales with a subsequent promotion to vice president of National Sales and Operations. Since joining DAAG, Diedrich has been involved in both operations and national sales, being an integral part of the expansion of DAAG market presence.

“Joining DAAG when COVID hit prompted a growth opportunity from the dealers and commercial clients, since that time, we have not stopped growing,” Diedrich said. “We are working to support the auctions to meet the demands the growth has presented. Going forward we are executing our plan for expansion of our services and auctions.”

Diedrich has been in the auction industry for thirty plus years, including stints at ADT, ADESA and Insurance Auctions. He is also a licensed auctioneer.

“David joining the team in January 2020 couldn’t have been more timely,” said David Andrews, founder and CEO. “He has been instrumental in addressing many of the challenges in the ever-changing auto industry as it relates to auctions wholly.”

Dealers Auto Auction Group runs eleven auctions in the Southeastern United States with locations in Atlanta, Ga., Cincinnati, Ohio, Columbia, S.C., Jackson, Miss., Little Rock, Ark.; Memphis, Tenn.; Mobile, Ala.; Huntsville, Ala.; Murfreesboro, Tenn.; Johnson City, Tenn.; and Chattanooga, Tenn.

Dealers Auto Auction Group also offers a robust menu of digital venues that includes DAAG Marketplace and Simulcast. 

MAG Alaska of Anchorage is the new hybrid wholesale auction located on four acres with a 300-unit consignment lot, a test track, and vehicle inspection services, McConkey Auction Group announced. Dealers are invited to preview, drive, bid on, and buy consigned units on-site in the auction’s dealer lounge or remotely. Vehicles are offered for sale on MAG Now, Powered by EBlock. The new location further solidifies McConkey Auction Group’s commitment to dealers in the Northwestern U.S. market.

“MAG Alaska opened with a strong sale on June 28th and we couldn’t be more excited,” said Andy Sellers, general manager. “Dealers who weren’t familiar with the EBlock platform participated in demos beforehand, we had a solid offering of vehicles, and buyers stepped up, converting nearly 60%,” he added. Dealers from Anchorage, Fairbanks, Wasilla, Kenai, and other areas across the region participated in the inaugural sale.

“We are so happy to have MAG here in Alaska,” said Joe McArthur of Fairbanks Nissan. He added, “A dealer-focused wholesale auction group with proven processes is exactly what our community needs!”

MAG Alaska’s digital sales on MAG Now, powered by EBlock will take place every Wednesday at noon Alaska Time.

Effective immediately, Keith Fetz will take on the role of executive director of digital strategy at America’s Group, while Sawyer Walker and Melissa Miller have been promoted to executive director, national sales; and executive director, marketing, respectively.

America’s Group consists of America’s Auto Auction and AXLE Funding.

All three executives have been with the company for numerous years, and their experience and expertise will be invaluable in driving growth.

Fetz will oversee the company’s digital initiatives and help drive growth in this critical area.

“I am honored and excited about the opportunity to lead the America’s digital sales team,” said Fetz. “This industry continues to rapidly evolve, and digital sales have become incre

The newly patented EDGE Spark allows Edge customers full access to their business ecosystem anytime and anywhere through a modern user-friendly interface. Spark brings together all auction data into one place, putting insights at the user’s fingertips. EDGE Spark offers real-time analytics accessible from any device, giving users the power to capture the information they need to make informed decisions on the fly.

Spark provides a bridge that allows organizations to easily link and integrate legacy systems with modern apps and interfaces to provide an easy and seamless lookup and data retrieval experience across current and future-focused Graphical User Interfaces (GUI).

Once a user provides input through a modern, intuitive interface, the software breaks it down into pieces that legacy systems can interpret. These pieces are then sent across all connected systems, prompting them to provide relevant data.

The software applies defined rules to the returned data, filtering and organizing the results to present only the most relevant information. Output is displayed in a simple, easy-to-understand format, bridging the gap between the user and multiple legacy systems; the method reduces the need to understand and utilize the complex workings of outdated systems, thereby saving time and resources.

“Auction Edge remains committed to pioneering innovative solutions that empower users to overcome technological barriers” said Julie Warpool, SVP Auction Systems.  “With this newly patented software method, we are excited to offer organizations and individuals a transformative solution to streamline their interactions with legacy systems, unlocking the full potential of aging infrastructures.”

Actor, producer, and FootPrint Coalition Founder, Robert Downey Jr., alongside a team of experts, have modified six classic cars from his personal collection to make them more eco-friendly and reduce their carbon footprint.

All six iconic cars are being given away in a one-year national sweepstakes that began June 16. Proceeds from the sweepstakes will benefit Downey’s FootPrint Coalition, a nonprofit organization focused on the adoption of technologies that will advance human systems toward a cleaner environment.

The cars to be given away in the sweepstakes, and which are featured in the Max series Downey’s Dream Cars, are:

  • 1969 Mercedes Benz 280 SE – among the modifications were: installing a modern diesel engine, converting the fuel system to biodiesel, and replacing the suede interior with one made from recycled plastics.
  • 1965 VW Bus – modifications included replacing the 1100 CC air-cooled engine with an EV West electric motor conversion and custom battery rack, and adding a solar-powered electric barbeque that slides out of the back of the bus.
  • 1966 Buick Riviera – among the eco-friendly changes were: replacing the stock 425 cubic inch V8 engine with a first-generation modern hybrid engine and adding a first-of-its-kind prototype Aclima air quality sensor.
  • 1972 K-10 Pickup – modifications included turning it into a full EV pick-up with custom electric motor and battery pack.
  • 1965 Chevrolet Corvette Convertible – among the changes were: replacing the 327 Small Block engine with a modern electric motor and installing a one-of-a-kind mushroom-based interior.
  • 1985 Chevrolet El Camino – modifications included replacing the stock engine with a modern 4-cylinder Chevy turbo truck engine and adding a solar-powered bike rack in the bed of the car.

“Making Downey’s Dream Cars come true with Max was an education and a blast. Keeping these transformed classic vehicles for my own personal enjoyment would be a missed opportunity,” said Downey Jr. “All proceeds from the sweepstakes will go towards funding FootPrint Coalition’s nonprofit organization. Please enjoy the show on Max, and pretty please go to www.rdjdreamcars.com for a chance to win one of these now eco-friendlier cars.