Wholesale

Six-time NBA champion, meet SIXT. Purple-and-gold, meet orange-and-black. The global premium mobility service provider announced three-year sponsorship deals with the Chicago Bulls and Los Angeles on Thursday, marking SIXT’s first partnerships with professional sports teams in the U.S. The sponsorships of the Bulls (which won six NBA titles from 1991-1998) and the Lakers (which have […] [Read More]

Manheim’s drive to make a difference in its locations’ communities has yielded record-breaking results. The auction company said its annual back-to-school campaign to benefit Boys & Girls Clubs of America raised a record $236,022 in 2023. Funds will remain in the markets where they were raised to help provide local young people with the tools […] [Read More]

One Guard Inspections, a Repair OnDemand company, has introduced a post-sale inspection, tailored specifically for online auctions. The company said the new service “redefines” how online auctions verify vehicle condition after the sale. Repair OnDemand chief sales officer Greg Lubrani called the post-sale inspection “a game-changer for the online auction industry.” “Physical auctions have conducted […] [Read More]

With about 25,000 factory workers who assemble vehicles for Ford, General Motors and Stellantis on strike and oil still costing more than $90 per barrel, Black Book continues to see ramifications manifest in the auction lanes. According to the newest installment of Market Insights, Black Book reported wholesale values softened just 0.08% during the week […] [Read More]

Digital wholesale marketplace CarOffer, a subsidiary of CarGurus, announced an updated version of its platform that it said has “significantly improved” several logistical features. CarOffer said with its version 2.0, a majority of vehicles will receive a mechanical inspection, and transport time has been reduced to an average of seven days. “Within a few months […] [Read More]

Bob Gaito is the CEO of Auction Central, a dealer-to-dealer online wholesale marketplace. He joins the show to talk about what inspired the launch of the company, the importance of transparency through condition reports, the progress of Auction Central’s growth plan and road map, plus much more. Listen to the full conversation in the window […] [Read More]

Charlotte Pyle was inducted into the National Auto Auction Association’s Hall of Fame and received the Ed Bobit Industry Icon Award during the 2023 NAAA World Remarketing Convention in Chicago. The NAAA Hall of Fame, established in 1968, recognizes individuals whose long-term service to the auto auction industry and NAAA has contributed improvements to remarketing, […] [Read More]

In an effort to help dealers seamlessly access AutoCheck vehicle history reports during wholesale activities, Experian recently announced an expanded relationship with Manheim. Now, dealers with AutoCheck subscriptions can automatically link their account to their Manheim profile, allowing them to instantly access complete AutoCheck vehicle history reports via Manheim.com through a single sign-on. “Amid rising […] [Read More]

One of the 2020 Women in Remarketing honorees now is general manager of America’s Auto Auction El Paso. This week, the company announced the promotion of Judith Ayub to general manager of the West Texas auction stemming from what America’s said have been “significant” contributions since joining the operation as the first employee when it […] [Read More]

Eric Autenrieth has begun his tenure as president of the National Auto Auction Association. Autenreith officially took office for the 2023-2024 term Thursday, succeeding outgoing president Garrison Hudkins in a passing of the gavel ceremony during the 2023 NAAA World Remarketing Convention in Chicago. Autenrieth currently serves as CEO of the Stanley-Autenrieth Auto Auction Group, […] [Read More]