Wholesale

SYCN Auto Logistics is beginning the new year by filling a new executive role with a professional whose career includes involvement with automotive retail, rental and financing. The full-service auto transport management solution offering technology and transportation services appointed Brett Lippel as its new chief partnership officer. Prior to joining SYCN Auto Logistics, Lippel served […] [Read More]

Some folks struggle to get back into the swing of full-time activity to begin the year, especially if they took significant time away for the holiday season. Evidently, the wholesale market might be experiencing the same back-to-the-grind struggles, according to the latest analysis from Black Book. Analysts indicated on Tuesday that wholesale values softened 0.68% […] [Read More]

Car shipping platform Super Dispatch was selected as a 2024 Merit Award Gold winner in the automotive and transportation program as Transportation Management Solution of the Year. The Merit Awards, founded in 2022, recognize businesses that have contributed to the continued growth of the market worldwide. Gold, silver and bronze award winners for various categories […] [Read More]

Black Book has bolstered its staff with two new hires and a promotion. The new additions are Eric Lyman as director of captive and OEM solutions, and Tommy Stewart as director of automotive licensing, both of whom have a long history in the auto industry. “Their extensive experience and proven track records in driving sales […] [Read More]

After a late fall juncture that generated multiple instances of vehicle segments dropping in value by 3% or more in a single week, Black Book watched the wholesale market finish 2023 with what analysts classified as “normal.” Black Book reported on Wednesday that wholesale values declined 0.68% during the week that stretched to the next-to-last […] [Read More]

OPENLANE wants to make damage detection clear and simple. That’s the company’s goal in introducing Visual Boost AI, a tool that produces damage detection overlays for every dealer-consigned vehicle in OPENLANE’s U.S. marketplace. The artificial intelligence-powered technology is designed to supplement vehicle inspection data by prominently highlighting detected exterior damage directly onto photos within the […] [Read More]

America’s Auto Auction Houston has a new general manager. Kyle Drake, one of Auto Remarketing’s “40 Under 40: Industry” honorees for 2023, has been promoted into the auction’s top position, parent company America’s Group announced Wednesday. Drake joined AAA Houston as assistant general manager in February after eight years with AAA Austin, where he began […] [Read More]