AutoVIN has completed the acquisition of the vehicle inspection business from DataScan Field Services, a JM Family Enterprises company. The inspection business will now run under the AutoVIN brand. The company said it will employ field inspectors throughout the U.S. …
After working with industry partners and investing several million dollars to develop a multi-platform system (MPS) that would promote simultaneous bidding online, Adesa has announced recently that it will withdraw from the initiative. Citing the current competitive landscape, changes in …
As Canada’s largest vehicle remarketing service provider, ADESA continues to look for ways to provide dealers with the best products and solutions With a total of 14 physical auction locations across the country, ADESA has been making some significant investments …
WHY CURRENT MARKET CONDITIONS ARE PROVIDING GREATER OPPORTUNITIES IN VEHICLE REMARKETING There’s no question that today, used car prices in general, seem to be on the high side. Many industry observers also forecast that they’re likely to remain so for …
CarProof has announced that Steve Macaluso, director of Corporate Accounts, is leaving the company to assume the role of managing director at Copart Canada. Macaluso has been with CarProof since 2010 and brought with him 14 years of experience in …
For a consumer, the process of buying a used car involves a litany of checks and balances and inspections to make sure the vehicle is up to scratch, but that due diligence really starts with the dealer, who wants to …
On November 30th, Adesa announced the integration of the company’s commercial sales teams in Canada. In a news release, the company says Adesa and Openlane are creating a single sales and customer relationship management team under the direction of Adesa’s …
There was big news in the auction world this week, when auction services firm Adesa announced it had signed a definitive agreement to acquire Openlane, an Internet-based business-to-business automotive remarketing company for $210 million. In a prepared statement by KAR …
The numbers are looking good, but inventory is a challenge We are well into 2011 now and some of what we expected to see in the wholesale market has, indeed, trans- pired in the first few months of the year. …
Seasonally-adjusted price index on a five-month climb ADESA Canada’s Used Vehicle Price Index for continued to climb through September, increasing by approximately 0.5 points from August, seasonally adjusted. “As we closed out 3Q10, the number of units going through auction …
Seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index for August strengthened by approximately 0.6 points from July, seasonally adjusted, as actual prices turned upward. After five consecutive months of softening, price support finally came in August. …
But seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index strengthened by approximately 0.8pts from June, seasonally adjusted. True to ALG’s forecast, auction prices continued to show weakness, but not at the level seasonally expected, causing the …
