Consumer Confidence High in Healthy Auto Market

Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available

Read more...

IARA Summer Roundtable Converges in Nashville

The IARA hosted its 2017 Summer Roundtable in Nashville, Tenn. on Aug. 15-18. During the conference, panels discussed issues that the remarketing industry is currently facing as well as those on the horizon.

Read more...

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

Read more...

Lease Credit Approvals Fall 14.5% From June

Approvals for vehicle leases fell 14.5% to 54.3% in July from the prior month partly because an influx of students with lower credit scores applied for vehicle leases ahead of the college school year, reports Swaplease.com.

Read more...

NAAA Names Finalists for Annual Philanthropic Award

The National Auto Auction Association (NAAA) has named four finalists for its 2017 Auction of the Year Award for Excellence in Community Service, the association announced.

Read more...

Insurance Auto Auctions Adds Facilities in Six States

Insurance Auto Auctions, Inc. (IAA) has added new facilities in six states, including two states — Minnesota and Utah — where the company had no previous operations.

Read more...

Carvana Expands Into Two More Tennessee Cities

Carvana will begin taking online orders from customers in Chattanooga and Knoxville, Tennessee, to browse, finance, purchase, and even trade in old vehicles online and have their vehicle delivered the next day.

Read more...

ADESA Adds Executive Pair to Sales Team

ADESA has added Angela Williams as executive sales director and Kirk Archer as sales director, the KAR Auction Services unit announced.

Read more...

Weekly Wholesale Car Values Fall Sharply

Compact vans and small pickups declined the most among truck segments by 1.74% and 1.46%.

Read more...

Manheim Gearing Up Celebrations for Auction Week

Manheim is gearing up to celebrate the National Auto Auction Association-sponsored Auction Week, according to a company announcement.

Read more...
PREVIOUS||12345...541||