Wholesale

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a panel discussion titled, “Innovation in Used Car Logistics: Technology and Sustainability.” The session included Casey Harmon of RunBuggy, Steve Greenfield of Automotive Ventures, Tracy Kaiser of Toyota Financial Services and […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features six auction industry executives for a discussion about digital wholesale and their outlook on the overall wholesale industry. The panel included: —Mike Caggiano of ADESA —George Chamoun of ACV —Jason Ferreri […] [Read More]

GROW is growing its reach to help women succeed in the auto remarketing industry. Global Remarketing Opportunities for Women, an organization founded in 2023 to expand the presence and leadership of women in the industry, announced it has established the AutoRemarketHER Exchange, a new series of online events designed to provide mentorship and networking opportunities. […] [Read More]

Black Book has bolstered its staff with two new hires and a promotion. The new additions are Eric Lyman as director of captive and OEM solutions, and Tommy Stewart as director of automotive licensing, both of whom have a long history in the auto industry. “Their extensive experience and proven track records in driving sales […] [Read More]

After a late fall juncture that generated multiple instances of vehicle segments dropping in value by 3% or more in a single week, Black Book watched the wholesale market finish 2023 with what analysts classified as “normal.” Black Book reported on Wednesday that wholesale values declined 0.68% during the week that stretched to the next-to-last […] [Read More]

OPENLANE wants to make damage detection clear and simple. That’s the company’s goal in introducing Visual Boost AI, a tool that produces damage detection overlays for every dealer-consigned vehicle in OPENLANE’s U.S. marketplace. The artificial intelligence-powered technology is designed to supplement vehicle inspection data by prominently highlighting detected exterior damage directly onto photos within the […] [Read More]

America’s Auto Auction Houston has a new general manager. Kyle Drake, one of Auto Remarketing’s “40 Under 40: Industry” honorees for 2023, has been promoted into the auction’s top position, parent company America’s Group announced Wednesday. Drake joined AAA Houston as assistant general manager in February after eight years with AAA Austin, where he began […] [Read More]

Vehicle logistics provider Autosled, a provider of digital technology solutions for automotive vehicle transport logistics, has launched the Dealer Exchange Network, technology that allows dealers to order both outbound and inbound vehicle exchanges simultaneously, which enables both exchanges to be handled by the same transporter. The tool is designed to create a seamless round-trip experience […] [Read More]

Two vehicle sourcing platforms are joining forces. Online auction platform Auction Central and sourcing and appraisal tool Carbly announced an integration to create what Carbly CEO Scott Roth called “a unified car-buying experience for our dealers.” Last month, Carbly launched Auction Plus, a new service designed to allow dealers to search for vehicles across a […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a keynote presentation titled, “The Whole Story About Wholesale Today,” featuring Pete Grupposo, who serves as senior vice president of sales for Cox Automotive. Listen to the episode in the window […] [Read More]