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VIDEO: Kontos Kommentary for September 2017

VIDEO: Kontos Kommentary for September 2017


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Average wholesale prices in September were up month-over-month and year-over-year, bolstered by dealer demand in the hurricane-stricken regions. This impact may be waning and prices are likely to resume the softening pattern seen prior to these catastrophic events. In short, Harvey and Irma seem to have resulted in an impact to wholesale prices like that...
Wishing a Happy Retirement to Doug Collis from Ford of Canada

Wishing a Happy Retirement to Doug Collis from Ford of Canada


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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...
Get to Know ADESA Northwest

Get to Know ADESA Northwest


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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...
Riding Along Route 20

Riding Along Route 20


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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...
Best wishes to friend and colleague Linda Silverstein at Ford

Best wishes to friend and colleague Linda Silverstein at Ford


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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...
Over $11,000 Raised at Digital Dealer 23 Charity Auction

Over $11,000 Raised at Digital Dealer 23 Charity Auction


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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...
VIDEO: Kontos Kommentary for August 2017

VIDEO: Kontos Kommentary for August 2017


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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...
Cars and Culture Collide at Artomobilia

Cars and Culture Collide at Artomobilia


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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...
Kontos Kommentary: Hurricane Harvey Special Edition

Kontos Kommentary: Hurricane Harvey Special Edition


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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...