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Manheim and Adesa auctions in the path of hurricane Dorian mostly shifted to digital sales on Thursday as the storm drenched the Carolinas and Virginia.
Read More →The nation's largest wholesale vehicle auctions, including Manheim and Adesa, have shifted to digital-only auctions and taken other precautions to protect the facilities from Hurricane Dorian's possible landfall later this week.
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Timothy Myrick, who recently worked in Tallahassee Auto Auction’s fleet/lease division, will assume the position.
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Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.
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Over the past three years commercial remarketers have cut the time it takes to sell a vehicle from the moment it arrives at auction by five days.
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Manheim made its first digital sale a little over 20 years ago. Over the past 20 years, the company's digital sales have grown from fewer than 100 annual digital sales to over 600,000.
Read More →Kevin Stumm will serve as the general manager of ADESA Des Moines while Jeff Brinkley will serve as GM of ADESA Salt Lake.
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By changing the structure and way its auctions operate; implementing a safety mascot inspired by Disney, and adopting a organization-wide culture of safety, KAR reduced its accident rates by 60%.
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The new location sits atop 13 acres of land near major thoroughfares in neighboring Toluca, the company announced.
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Outside factors such as a record-spanning government shutdown, the polar vortex, and a hit to consumer confidence led to a slow start to used sales in 2019.
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