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Categories: Auctions, Operations

Given how the COVID-19 pandemic has evolved, the company has extended its Simulcast-only sales past its original April 3 end date.

https://www.vehicleremarket.com/354329/manheim-simulcast-only-sales-to-continue-past-april-3
Categories: Auctions

The addition of the new location was motivated, in part, by the company's commitment to adding vehicle storage capacity in California, said Copart CEO Jay...

https://www.vehicleremarket.com/324720/copart-opens-new-california-location
Categories: Auctions, Global Fleet, Operations, Remarketing

As part of its long-term growth strategy to invest in emerging markets, has Manheim announced that it has purchased a majority stake in CarBizz, an auction...

https://www.automotive-fleet.com/119701/manheim-to-purchase-majority-stake-in-brazil-s-carbizz
Categories: Auctions, Global Fleet, Operations
Hurricane Harvey Could Create 1M Salvage Vehicles

While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will...

https://www.fleetfinancials.com/141965/up-to-1m-cars-could-be-totaled-by-hurricane-harvey
Categories: Auctions
ACV Auctions Secures Additional $93M in Funding

The company has been in operation for three years, and now sells over 10,000 wholesale vehicles a month, representing 1% of all vehicles sold at auctions in...

https://www.vehicleremarket.com/321590/acv-auctions-secures-additional-93m-in-funding
Categories: Auctions, Global Fleet, Operations
Hurricane Harvey Could Create 1M Salvage Vehicles

While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will...

https://www.government-fleet.com/141965/up-to-1m-cars-could-be-totaled-by-hurricane-harvey
Categories: Auctions, Global Fleet, Operations
Manheim Expands Brazilian Auction Presence

Manheim has acquired Pacto São Paulo and is developing commercial partnerships with six other auction companies to invest in in Brazil.

https://www.automotive-fleet.com/141547/manheim-looking-to-grow-in-brazil
Categories: Auctions

FastLane Auto Exchange, located in Mount Morris, Mich., is a dealer-only consignment auction that has been operating for over 40 years. Greg Price, a former...

https://www.vehicleremarket.com/278880/tpc-adds-michigan-auction-to-client-list
Categories: Auctions

Bruce Beam, the general manager of Dealers Auto Auction of Oklahoma City will serve as ServNet's president for the next two years.

https://www.vehicleremarket.com/343007/servnet-appoints-new-president
Categories: Auctions
KAR Rebrands Recently Acquired European Digital Auction Company

The rebranding will extend the KAR family of companies' international name recognition and reputation to Continental Europe, the company stated.

https://www.vehicleremarket.com/334946/kar-rebrands-recently-acquired-european-digital-auction-company


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