Wholesale

Auto logistics platform RunBuggy has launched RunBot, a generative artificial intelligence system designed to integrate with RunBuggy’s transportation management platform and act as the central nervous system for orchestrating the automotive shipping process. RunBot represents “a significant leap forward in enhancing user experience and reducing operational overhead,” the company said in a news release, using […] [Read More]

The used-car supply dynamic is likely to continue to be challenging dealers for the remainder of this year and likely even the next, if reports from industry observers are any indication. But there are some signs of promise for dealers looking to secure that much-needed used-car inventory through wholesale channels, including this nugget: Eleven of the past 13 months have shown a year-over-year rise in unit sales at auto auctions, according to AuctionNet data from the National Auto Auction Association shared exclusively with Auto Remarketing. That string of gains includes January, where total unit sales at auctions came in ... [Read More]

BSC America’s Clayton Station Auction is getting a new name and a new home. The company said the auction will now be known as BSC America’s Specialty Sale, with a weekly auction on Thursdays, beginning March 7, at its new location in Bel Air, Md., on the site where BSC America’s Bel Air Auto Auction […] [Read More]

Black Book’s experts happily used the term “stability” multiple times when compiling their latest installment of Market Insights, which was released on Tuesday. Black Book got to use that word because overall wholesale prices softened 0.33% during the week that included the last day of January and the industry conferences in Las Vegas. Plus, that […] [Read More]

Vehicle reconditioning services provider Dent Wizard International has promoted fixed operations director Ryan Edwards to vice president of its auction channel to lead all auction-related activities while developing and maintaining strategic relationships with stakeholders on a national level. In his new role, the company said Edwards will work to develop and implement a comprehensive auction […] [Read More]

Carmigo, an online marketplace and wholesale platform for dealerships, has launched what it calls its biggest product since the company’s founding. Carmigo Turn is a new wholesale platform designed to help dealers isolate their slow-moving inventory and set an automated wholesale strategy from Day 1. The company, which has focused on sourcing consumer cars for […] [Read More]

Cox Automotive president of Inventory Solutions Grace Huang was named a Warren Young Fellow by the National Auto Auction Association during NAAA’s 2024 Total Access meeting Thursday in Las Vegas. The award, presented by NAAA president Eric Autenrieth, honored Huang’s “unparalleled service and dedication to advancing the wholesale auto auction industry and her commitment to […] [Read More]

Auction Academy’s latest class is headed for Big D. The eighth class of the leadership training program for professionals in the vehicle remarketing industry has completed two in-person sessions and three virtual training sessions, and is now preparing for a trip this month to Dallas, where the group will attend classes and make two site […] [Read More]

America’s Auto Auction has partnered with logistics technology provider Ship.Cars to implement its transportation management system, LoadMate Pro, at all 38 America’s Auto Auction locations. “After a comprehensive evaluation of our options and strategy, we chose to partner with Ship.Cars,” America’s Auto Auction vice president of operational excellence Joe Ruch said in a news release. […] [Read More]

Orbee has announced an integration with One Auction View, an auction management platform for dealerships, to give dealers a clearer view of what vehicles their customers want. The collaboration, Orbee said, aims to bring data-driven decision-making to the process of acquiring vehicles through auctions, giving dealerships that use One Auction View’s proprietary software real-time visibility […] [Read More]