A Kart of History: Miniature Model T up for auction in Florida
Toronto, Ontario — To convince a grown adult that their casual neighbourhood-cruising vehicle should be a go-kart might be a tough sell to anyone but a certain bespectacled “Trailer Park Boy”—however, a kart designed like a Model T may just be the exception. In one of the rare cases where a top hat would actually […]
Human Factor: Cox Automotive lays off 80 employees amid Edmonton withdrawal
Edmonton, Alberta — Cox Automotive is cutting loose 80 employees in Canada as it closes its Manheim auction operation, saying that the local wholesale market meant that the business no longer fit Cox’s growth plans for the future. “It’s never easy when we make these decisions. Unfortunately, Edmonton is not going to be a part […]
Relic Recovery: Rust Valley Restorers duo to auction off 300+ vehicles this weekend
Tappen, British Columbia — Mike Hall and Avery Shoaf, better known by their show business moniker, the “Rust Valley Restorers,” are continuing to shed their impressive automotive collections, as the pair prepare to hold a no-reserve auction this weekend where they expect to part with hundreds of vehicles. In a Facebook video, Hall explained that he […]
Give Me the FAX: IAA integrates CARFAX vehicle history reports into auction platform
Toronto, Ontario — Car buyers looking for an extra bit of info before making their big purchase will now have CARFAX Canada Vehicle History Reports made available to them through IAA Inc.’s various vehicle auctioning platforms, the company announced on Monday. IAA users will now be able to access vehicle history reports for up to […]
Rusted Out: Mike Hall of Rust Valley Restorers to auction off 550 car collection on Oct. 2
Tappen, British Columbia — The valley around Tappen, B.C. is about to get a little less rusty now that Mike Hall announced that he will be auctioning off most of his 550-strong car collection next month, according to a report from Global News. As one half of the History Channel’s “Rust Valley Restorers”, Hall has […]
The Barren Buying Landscape: Ontario Automotive Recyclers Association talks modern-day buying practices
Ottawa, Ontario — With salvage in such short supply and recyclers vying for any vehicle they can get their hands on, the role of the educated and disciplined buyer has never been more important. During last week’s Ontario Automotive Recyclers Association (OARA) virtual training session, led by Rob Rainwater of Profit Team Consulting, Marty Hollinshead, Shan […]
Market update: Hurricanes drag down Copart revenue
By CRM staff Toronto, Ontario — November 26, 2018 — In this week’s market update, Copart reveals the true cost of hurricanes to its salvage and auction business, and a forecast of growth for the collision repair sector. The cost of hurricanes: CopartSales and earnings for Copart grew by double digits in its first quarter […]
Impact Auto Auctions launches mobile app for on-the-go searching and bidding
Mississauga, Ontario — May 23, 2017 — Impact Auto Auctions, a subsidiary of Insurance Auto Auctions (IAA) and a business unit of KAR Auction Services, recently announced the launch of their Impact AuctionNow mobile app, a proprietary multi-platform auction technology that enables buyers from across Canada and the world to access thousands of vehicles weekly […]
Tim O’Day named Chief Operating Officer of IAA
Westchester, Illinois — February 15, 2017 — Insurance Auto Auctions has announced that Tim O’Day has been named the company’s Chief Operating Officer (COO), reporting to IAA CEO and President John Kett. “Tim has strong strategy and management expertise and a proven track record of driving customer value through effective and efficient operations,” said Kett. […]
Copart Canada launches new Canada-specific website
Toronto, Ontario — July 13, 2016 — Copart Canada has announced the launch of a new website tailored to Canadian members. The new website, copart.ca, continues to use Copart’s proprietary VB3 auction technology. The new site features Canadian inventory and content specifically chosen for the Canadian market. “This new website is an investment to […]
