Ohio collector to auction 700 antique, classic cars in mid-JulySat, 04, Mar 2017
When Ron Hackenberger was 15, he borrowed money from his grandfather to buy his first car: a 1948 Studebaker. Then he kept buying. In July, the 81-year-old collector will auction about 700 other vehicles.
Conn. auction bill 'deader than dead'Mon, 27, Feb 2017
A proposed Connecticut bill that would have required auctions to post their fees conspicuously has been dropped from consideration following pushback from local auction houses, according to a proponent of the bill.
Auction houses cope with crowded lotsMon, 27, Feb 2017
Investments in technology and analytics help auctions move vehicles through the system faster, but the remarketing industry should not lose sight of the importance of asphalt, says Tom Webb, Manheim chief economist.
KAR Auction's Q4 net income drops despite gain at ADESAWed, 22, Feb 2017
Texas auto auction company acquired by Capital Partners for XLerate GroupFri, 02, Dec 2016
Huron Capital Partners, a Detroit investment group, has acquired a Texas-based auto auction for one of its portfolio companies, the Indianapolis-based XLerate Group, which runs online and onsite auto auctions.
AutoNation plans leap into auction businessMon, 28, Nov 2016
AutoNation is getting into the auction business in a much bigger way with plans to open four AutoNation-branded auto auctions over the next two years, going to five sites from one now. AutoNation expects to sell more than 20,000 vehicles annually at each of its auction locations.
Jim HalletMon, 28, Nov 2016
More auctions, revenue lift profits at ADESA’s parentFri, 04, Nov 2016
ADESA, Manheim refocus on physical auctions in ChicagoMon, 31, Oct 2016
Retired rental supply to stay flat amid off-lease surgeMon, 31, Oct 2016
The overall volume of retired rental-fleet vehicles should be flat over the next several years, in sharp contrast to the expected surge in off-lease vehicles, forecasters say. But that doesn't necessarily mean a steady supply of those rental vehicles will be headed to auctions.
Auction association keeps safety firstMon, 31, Oct 2016
Safety is serious business at auctions. So serious that Jerry Hinton, general manager of ADESA Portland in Portland, Ore., will be the third president of the National Auto Auction Association in a row to embrace safety awareness as a part of his platform when he takes the reins of the auction group next month.
Waiting for used-vehicle prices to fall? Not yetThu, 08, Sep 2016
Used-vehicle prices, drawing strength from dealers' efficient used-car operations and higher new-vehicle transaction prices, continue to defy the gravitational pull of a growing supply of off-lease vehicles.