Overdrive by ADESA
Posts tagged "ADESA"
VIDEO: Kontos Kommentary for May 2016

VIDEO: Kontos Kommentary for May 2016


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Average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks. Retail used vehicle sales were flattish on a year-over-year basis and certified pre-owned sales were down. This limited the demand-side support for wholesale values receiving downward pressure from supply growth. Watch the...
5 Valuable YouTube Channels For Car Dealers

5 Valuable YouTube Channels For Car Dealers


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For car dealers who don’t have time to read every industry trend article, YouTube videos are a great way to hear about insights and commentary in a more engaging format. But with all the YouTube channels out there, it can be hard to find the ones relevant to car dealers. That’s why we created this...
ADESA New Jersey Gets Racing After 21 Years in Business

ADESA New Jersey Gets Racing After 21 Years in Business


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Last month, ADESA New Jersey marked 21 years in business. As part of their anniversary celebration, the team wanted to do something fun that would involve everyone on the staff—so they planned the First Annual Employee Pinewood Derby Race. A Pinewood Derby conjures up images of 8-year-old Cub Scouts learning to carve a car from...
Q&A with ADESA COO Paul Lips

Q&A with ADESA COO Paul Lips


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Paul Lips has seen a lot of changes in our industry since joining ADESA’s finance department 20 years ago. He’s worked in the office and in the trenches, and has a vast knowledge base about the auction, its processes and its customers. Recently, Paul shared some thoughts about the industry’s evolution and about his new...
ADESA Canada Graduates Second Class of Auctioneers

ADESA Canada Graduates Second Class of Auctioneers


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Last spring, a group of 16 ADESA Canada employees became the first graduates of the ADESA-only class at the Canadian Auction College. Now, a group of eight has followed in their footsteps: Ronal Rao, fleet coordinator at ADESA Vancouver Binghao Feng, marketing coordinator at ADESA Vancouver Treyton Wolfe, sales at ADESA Saskatoon Monica Maddox, vehicle inspection team leader...
ADESA Kansas City Takes Powersports to the Next Level

ADESA Kansas City Takes Powersports to the Next Level


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After months of construction, the team at ADESA Kansas City was finally able to reveal the auction’s new powersports building. The much-anticipated first sale included nearly 250 units from both commercial accounts and dealers. Customers came from all over the country—California, Michigan, Cincinnati, Texas and Tennessee—to be part of this event, while a transportation assistance...
ADESA Winnipeg to Host Charity Boat Auction for Chicago Blackhawks Captain Jonathan Toews

ADESA Winnipeg to Host Charity Boat Auction for Chicago Blackhawks Captain Jonathan Toews


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Chicago Blackhawks’ Jonathan Toews is known for captaining the ice. But off the ice, he captained a 1935 Cossey Replica boat. Now, he’s offering the keys to that vessel to one lucky bidder at an ADESA Winnipeg public auction on April 26. Proceeds will support the children’s charity, Variety Manitoba. ADESA Winnipeg has worked very...
Five Questions with ADESA Chicago General Manager Troy Peterson

Five Questions with ADESA Chicago General Manager Troy Peterson


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Last year, ADESA announced the groundbreaking of a new auction facility in the greater Chicago area. This announcement received fantastic feedback on social media and quickly became one of our most popular Overdrive blog posts ever. As we prepare for the opening of this exciting new ADESA location, I sat down with the new general...
ADESA Raises $128,000 on Behalf of Veterans at NADA 2016

ADESA Raises $128,000 on Behalf of Veterans at NADA 2016


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NADA 2016 has officially ended, and I’m so proud to say it was an incredible success for ADESA and its partners. During the conference, I had the opportunity to share some insight and knowledge with attendees about how dealers can reduce risk on their pre-owned inventory, and maximize profitability using data analytics. Dealers are always...