So you think you know the salvage auction business. Here are a few things about Insurance Auto Auctions Inc., a salvage auto-auction company and sibling to auction giant ADESA, that you may not know: ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

A startup auto auction is moving into new territory for the first time. Salvato Auctions, an online auction for salvage vehicles, announced its plan for a “strategic expansion” with current customers ...

Insurance Auto Auctions, one of North America’s largest sellers of total-loss vehicles, reported higher auction activity in ...

The automotive auction platform Bring a Trailer, a popular destination for classic and collector car enthusiasts, recently announced a new sales record for 2021, in both the total number of sales and ...

The leader of America’s Group’s ultra-aggressive expansion strategy has taken another step up the corporate ladder. Chris ...

A rare McLaren Elva, one of only 149 ever built, has sold for $813,000 at a Copart salvage auction in Van Nuys, California, a ...

McLaren's 1-of-149, windshield-less supercar can be yours at a hefty discount in a surprising Copart auction, but you'll need to move fast.

It doesn’t take an expert to notice that modern vehicles are becoming more and more expensive to repair. Tesla’s vehicles, however, are becoming so expensive to fix that insurers are choosing to total ...

A vehicle that has been damaged in an accident or by fire, hail, a flood or another natural disaster and declared a total loss by an insurance company is likely to receive a salvage title. Related: ...

The days of picking up an AutoTrader at 7-Eleven to buy a used car are long gone. The Internet has revolutionized the world of used-car buying, making it easier to connect car buyers and sellers ...