Overdrive by ADESA
Top ADESA Sales Performers Honored

Top ADESA Sales Performers Honored


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The annual ADESA Dealer Sales Meeting was recently held in Indianapolis. At the event, top individuals, teams and auctions were honored for their exemplary contributions to the areas of dealer sales, online sales and major dealer accounts. I had the distinct pleasure of announcing the Dealer Auction of the Year winner—ADESA Sacramento—and presenting the award...
VIDEO: Kontos Kommentary for February 2017

VIDEO: Kontos Kommentary for February 2017


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Further concrete evidence of price softening appeared in February as prices uncharacteristically, and unseasonably, softened rather than firmed versus January. Prices fell for virtually all model years and all model classes.  Prices were still up on a year-over-year basis, but this was again primarily due to the influx of younger off-lease units. Watch the February...
Energy and Excitement in the Air at ADESA Chicago Grand Opening

Energy and Excitement in the Air at ADESA Chicago Grand Opening


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This is a guest post from Doug Shore, Senior Vice President of Auction Operations at ADESA. On Friday, March 17 — St. Patrick’s Day — ADESA Chicago hosted its grand opening extravaganza. This special event featured an impressive number of attendees, vehicles, guest sellers, giveaways, a bagpiper and more. ADESA Chicago General Manager Troy Peterson...
Wishing a Happy Retirement to Dan Kennedy at GM Remarketing

Wishing a Happy Retirement to Dan Kennedy at GM Remarketing


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Last month, Dan Kennedy announced that he will soon be retiring from General Motors. Dan has been synonymous with GM Remarketing for nearly 40 years, and he has left an indelible mark as an icon within our industry. Having had the privilege of knowing Dan and working with him for many years, I’ve been continually...
ADESA Orlando Celebrates Grand Opening

ADESA Orlando Celebrates Grand Opening


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This is a guest post from Mike Caggiano, Executive Vice President, U.S. Operations, East Region at ADESA.  ADESA Orlando held a successful grand opening event last week. Congratulations to the team on a job well done. I recently spoke with General Manager Jeff York, who remarked on the sale’s success. He couldn’t say enough nice...
ADESA Calgary Wins ADESA North American Auction of the Year

ADESA Calgary Wins ADESA North American Auction of the Year


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We love it when our customers recognize our auctions for outstanding performance and service. It’s a direct reflection of our team’s hard work and commitment to going above and beyond. We also like to recognize our top-performing auctions with ADESA Auction of the Year awards. I’m excited to announce that this year’s winner for best overall...
ADESA Chicago to Celebrate Grand Opening

ADESA Chicago to Celebrate Grand Opening


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ADESA Chicago is officially celebrating its grand opening on March 17, 2017. After a seamless first sale and soft opening last October, the auction’s talented team has since completed several additional technology and infrastructure enhancements. On March 17, ADESA Chicago will offer more than 2,000 vehicles to both in-person and online dealer customers around the globe. This...
VIDEO: Kontos Kommentary for January 2017

VIDEO: Kontos Kommentary for January 2017


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Considering the increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program and risk units, and younger vehicles in general. Watch the January Kontos Kommentary below: To read the entire Kontos...
Are You Ready for the 2017 CAR Conference?

Are You Ready for the 2017 CAR Conference?


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The 2017 Conference of Automotive Remarketing (CAR) is right around the corner, and we are looking forward to this annual event in Las Vegas. This year promises to be impressive, with more than 15 educational sessions, a variety of exhibitors and eight different events dedicated to networking with industry professionals. Members of the ADESA and KAR Auction...