ADESA
ADESA
Blog Post
  • This post was jointly written by ADESA Canada colleagues Sornelle Gray (director of operations and training), Nevade Coombs (sales and communications manager) and Trevor Henderson (chief operating officer). After more than 35 years in the automotive business, Doug Collis is retiring from Ford of Canada. Doug has been a huge talent in the industry, as well as our friend. He held various positions w...

ADESA
ADESA
Blog Post
  • ADESA Northwest, in Eugene, Oregon, was acquired by KAR Auction Services (the parent company of ADESA) in 2016, along with seven other auctions. Previously called Brasher’s Northwest Auto Auction, this location is a nationally known leader in the RV and specialty auction industry. ADESA Northwest hosts a dealer-only specialty auction on the second and fourth Wednesday of each month. The auction al...

ADESA
ADESA
Blog Post
  • Nothing compares to hitting the open road on a motorcycle. For the past 24 years, I have had the privilege of exploring the country with friends and colleagues on our annual motorcycle ride as part of The Accelerators Motorcycle Club. Each year, we choose a new route, usually around 3,000 miles roundtrip. We’ve seen almost every corner of this great country—and the scenery only gets more and more ...

ADESA
ADESA
Blog Post
  • After more than 35 years of dedicated service to our industry, Linda Silverstein will retire from Ford Motor Company at the end of this month. I first met Linda over 20 years ago when she was running the auto remarketing services division for Ford. We immediately hit it off. She grew up in the town next to where I grew up. We are about the same age, followed the same bands, had the same favorite r...

ADESA
ADESA
Blog Post
  • Digital Dealer 23 is officially in the books. Our team enjoyed the opportunity to speak with customers and colleagues and share our latest offerings at our booth. I was privileged to speak about one of my favorite topics: using technology to buy more profitable pre-owned inventory. But the height of excitement was the charity auction we hosted in partnership with TradeRev. All proceeds raised from...

ADESA
ADESA
Blog Post
  • Average wholesale prices in August were once again up largely on the strength of truck prices, although another factor could be early impacts from Hurricane Harvey, which appeared to drive prices up at the end of the month, particularly in Texas. (Please see Kontos Kommentary: Hurricane Harvey Special Edition for additional information.) Watch the August Kontos Kommentary below: To read the entire...

ADESA
ADESA
Blog Post
  • For the fourth year, ADESA and our parent company, KAR Auction Services, served as presenting sponsors of Artomobilia, a celebration of automotive art and design in the Carmel Arts & Design District. Recently, more than 400 incredible collector cars were on display in downtown Carmel, Indiana, not far from our corporate headquarters. The event drew a crowd of 15,000 art and automotive enthusiasts—...

ADESA
ADESA
Blog Post
  • Meteorologists are calling Hurricane Harvey a thousand-year flood event—a storm of unprecedented magnitude and devastation. For the past week, no news cycle has been complete without photos of the human toll, miraculous rescues—and vehicles submerged in the flood plain. The recovery efforts in Houston and other impacted areas in Texas and beyond will take many weeks and months, if not years. Estim...

ADESA
ADESA
Blog Post
  • The entire ADESA team is excited and ready to head to the Paris Hotel & Casino in Las Vegas Sept. 18–20, 2017, for Digital Dealer 23. I have the distinct honor of taking the stage at this year’s event to discuss a topic near and dear to my heart: wholesale auctions aren’t what they used to be. Technology and access to information has completely changed the way dealers retail and acquire used cars....

ADESA
ADESA
Blog Post
  • Average wholesale prices in July were down month-over-month and only up on a year-over-year basis largely on the strength of pickup truck prices. Drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Retail sales have softened this summer and have not been providing the demand-side suppo...

ADESA
ADESA
Blog Post
  • Each year, women executives and leaders from ADESA and the automotive remarketing industry reconvene for the Women of Remarketing (WOR) conference. This meet-up is the foremost annual forum committed to advancing the impact of women in the remarketing community. It’s one of my favorite events, and I look forward to it each year. Debbie Vaughn, executive sales director at ADESA, launched this confe...

ADESA
ADESA
Blog Post
  • ADESA Portland is now fully integrated into the ADESA auction line-up. The former Brasher’s Portland Auto Auction was acquired by KAR Auction Services (the parent company of ADESA) in 2016, along with seven other Brasher’s auctions. One of the Pacific Northwest’s busiest auto auctions, ADESA Portland sits on 34 acres and boasts eight auction blocks, a 20,000-sq.-ft. reconditioning facility and ful...

ADESA
ADESA
Blog Post
  • We know our customers are busy. Sometimes they’re too busy to make it to one of our auctions. So we’re always looking for ways to help them find the cars they need for their dealership lots. LiveBlock lets customers participate in live auctions virtually and bid real-time from their desktops and mobile devices. During the month of July, we encouraged employees to have fun educating dealers about t...

ADESA
ADESA
Blog Post
  • Located just northwest of the Detroit metropolitan area, ADESA Flint proudly serves dealers in Michigan, Ohio, Indiana, Illinois and beyond. Formerly known as Flint Auto Auction, ADESA Flint was acquired by KAR Auction Services (the parent company of ADESA) in 2016. I caught up with General Manager Lawrence Cubitt to find out more about this new addition to the ADESA line-up. What can you tell us ...

ADESA
ADESA
Blog Post
  • We recently celebrated the end of our Search-To-Win Sweepstakes—a six-weeks-long contest that included winning opportunities for both dealers and employees. Dealers got to learn more about our online products and services by searching for three entry links strategically placed on the secure side of ADESA.com. From almost 5,000 entries, three lucky dealers were selected at random to win a grand-pri...

ADESA
ADESA
Blog Post
  • Did you know there’s an entire industry built off buying and selling first-open opportunity vehicles? Here’s how it works. When a car’s lease is up, the grounding dealer gets to decide whether he wants to keep it or not. If he passes on it, the car goes into the franchise network for other dealers to bid on. If they pass on the car, it moves to an open sale, where it’s often bought by an independe...

ADESA
ADESA
Blog Post
  • Average wholesale prices in June were down versus May but up on a year-over-year basis. However, drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Watch the June Kontos Kommentary below: To read the entire Kontos Kommentary used vehicle market outlook for June 2017, visit http://ades...

ADESA
ADESA
Blog Post
  • Several members of the National Auto Auction Association (NAAA) recently brought the excitement of the auction experience to a Senate Automotive Caucus meeting in Capitol Hill. I had the great honor of being part of this group, along with three ADESA colleagues: Heather Greenawald and Elizabeth Murphy of our legal team, and Warren Clauss, general manager of ADESA Buffalo and NAAA President-elect. ...

ADESA
ADESA
Blog Post
  • This is a guest post from Jane Morgan, president of specialty auctions division at ADESA. At ADESA, we believe in providing our customers with as many channels as possible to buy or sell a vehicle or specialty unit. Mobile auctions are one of those platforms that can be customized to meet the unique demands or needs of dealers. Our team works closely with dealers every day to showcase how these sa...

ADESA
ADESA
Blog Post
  • This is a guest post from Gregg Maidment, general manager of ADESA Winnipeg and senior vice president of Canadian operations at ADESA. The 30th anniversary celebration at ADESA Winnipeg brought together family, friends, retirees, and our many dealer partners. The start of the auction goes back to 1987, when Mike Lawrence, founder of Canadian Auction Group (the predecessor organization acquired by ...

ADESA
ADESA
Blog Post
  • This is a guest post from Jack Neshe, General Manager at ADESA Boston. At ADESA, we frequently recognize auction anniversaries. But this one is particularly special. This year, ADESA Boston has been in business for 70 years—seven decades. I have been fortunate to be the general manager for ten of them. Most people know ADESA Boston today for its top-notch facility, charitable efforts, community ou...

ADESA
ADESA
Blog Post
  • We had another great turnout for our charity auction at the 2017 NIADA Convention and Expo in Las Vegas. A large crowd gathered to bid on a red 2016 Nissan Frontier SV crew cab pickup. Car City Super Center in Grand Rapids, Michigan, walked away with the truck with a winning bid of $28,000. The crowd contributed even more, and the total donation for the NIADA Foundation was $28,675. This is the fi...

ADESA
ADESA
Blog Post
  • Average wholesale prices in May were flat versus April but up on a year-over-year basis, primarily due to the strength of truck prices and a younger mix resulting from off-lease supply growth.  As introduced last month, a drill-down into the data clearly reveals price softening when accounting for sale type and vehicle age, model class and mileage. Watch the May Kontos Kommentary below: To read th...

ADESA
ADESA
Blog Post
  • Beautiful weather set the stage for ADESA Boston’s 17th annual Classic Car Show & Motorcycle Run earlier this month. More than 50 classic cars and motorcycles were entered in the show, and a 30-mile motorcycle run took 40 riders through several scenic Massachusetts towns — complete with a police escort of nine bikes and an SUV. On the ground at ADESA Boston, the day’s festivities included live mus...

ADESA
ADESA
Blog Post
  • Every year, I look forward to attending the National Independent Automobile Dealers Association (NIADA) Convention & Expo in Las Vegas. This year’s event takes place June 12–15. The conference theme for 2017 is all about “charting your course.” Essentially, independent dealers need a clear path to navigate obstacles and achieve success. I think the timing could not be better, as economists and ind...

ADESA
ADESA
Blog Post
  • We love cars at ADESA, and we love to give back. One of our favorite ways to combine those two passions is the annual Classic Car Show and Motorcycle Run at ADESA Boston. This event supports our longtime philanthropy partner, JDRF, a leading advocacy group for people with type 1 diabetes. On Sunday, June 4, gates open at 9 a.m. The 30-mile motorcycle run kicks off at 11 a.m. Riders will cruise thr...

ADESA
ADESA
Blog Post
  • The ADESA Search-To-Win Sweepstakes is here! The contest—which runs from May 22 to June 30, 2017—is not only a great way to learn more about our online products and services, but employees and dealers can also win awesome prizes. Three participating dealers—selected at random—will win a grand-prize trip to the Ritz Carlton Half Moon Bay Resort in Northern California. At this luxurious resort, the ...

ADESA
ADESA
Blog Post
  • Average wholesale prices in April were up on both a month-over-month and year-over-year basis. As has been stated repeatedly in previous months, however, much of these supposed increases in used vehicle values are the result of strength in truck prices and growth in off-lease volumes. An analysis of sales prices by sale type, model-year age, mileage and model class segment reveals that prices actu...

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