auction

Fiat 500L used by Pope Francis in U.S. fetches $82,000 at auction

12:47 pm U.S. ET | Jan. 30, 2016

A tiny black Fiat 500L that carried Pope Francis through Philadelphia during his historic first visit to the U.S. was sold for $82,000 at a Friday auction....
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Ford, Leno to auction custom Harley-Davidson F-150

12:49 pm U.S. ET | Jan. 15, 2016

Ford and comedian Jay Leno said they will be auctioning off a one-of-a-kind Harley-Davidson Ford F-150 later this month and donating the proceeds to National Multiple Sclerosis Society....
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Manheim Canada acquires 100% of partnership auction site

3:30 pm U.S. ET | Jan. 7, 2016

Cox Automotive Canada, through its Manheim Canada operation, has acquired 100 percent ownership of Manheim Source Edmonton, in Edmonton, Alberta. The auction site has been renamed Manheim Edmonton....
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Manheim realigns auction sites to better tailor dealer services

9:00 am U.S. ET | Dec. 7, 2015

Manheim is realigning its 79 brick and mortar auction sites into two new divisions. The change is aimed at better tailoring services for local dealers and providing more services to commercial customers and dealers....
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ADESA profit, revenue grow in 3rd quarter

12:01 am U.S. ET | Nov. 9, 2015

KAR Auction Services Inc., parent company of ADESA, reported that third-quarter net income increased 10 percent from a year earlier to $52.3 million on revenue that rose 13 percent to $666.7 million....
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Carfax, vAuto offer info on auction vehicles at a glance

5:22 pm U.S. ET | Oct. 6, 2015

Carfax and vAuto have joined forces to offer dealers vehicle-history information on auction vehicles at a glance and with fewer online clicks....
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Curse of the $16.5 million Ferrari pits tycoon against an auction house

July 11, 2015 06:15 CET

Following 16 years of lawsuits and ownership claims from Paraguay to Switzerland, the fate of a 1954 Ferrari 375 Plus roadster, which Victoria's Secret founder Les Wexner thought he bought last year for 10.7 million pounds ($16.5 million), is finally coasting toward resolution in a London court....
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KAR Auction Q1 net income doubles

3:11 pm U.S. ET | May 6, 2015

KAR Auction Services, parent company of ADESA, said its net income more than doubled to $54.5 million on revenues that increased 8.3 percent to $632.4 million in the first quarter....
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Online startups offer dealers faster, cheaper ways to wholesale vehicles

12:01 am U.S. ET | April 13, 2015

Years ago, dealers who wanted to get rid of aged used cars and unwanted trade-ins had to take them to a local auction. But now auctions are being challenged by start-ups that offer alternative ways to wholesale used vehicles....
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ADESA bows out of multiple platform auction sales

7:52 pm U.S. ET | Feb. 23, 2015

After investing nearly two years and “several million dollars” to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital services....
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