News

2014 CAR Conference Looks to the Future

Many of the sessions at the 2014 Conference of Automotive Remarketing (CAR) looked to the future of the industry.

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NADA Used Car Guide Added to DealActivator

Dominion Dealer Solutions announced the addition of NADA Used Car Guide data to its equity mining product, DealActivator.

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First 2015 Corvette Z06 Auctioned for $1 Million

The auction of the first regular retail production 2015 Chevrolet Corvette Z06 has helped raise more than $2.5 million for the upcoming Barbara Ann Karmanos Cancer Institute 32nd Annual Dinner, which will be held April 26 in Detroit.

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ARI Acquires German Fleet Software Company

ARI, a global fleet services provider specializing in complex car and truck fleets, has announced that it has acquired German company netcar24. The technology company develops and offers enterprise software solutions for the fleet management industry.

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Despite a Harsh Winter, Used-Vehicle Sales Increase

The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 2.2 percent during the quarter and was 3.3-percent higher than a year ago.

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KBB Names 10 Best Used-Vehicles Under $8,000

For this collection of recommendations, KBB.com editors compiled a list of all 2004-and-newer used cars with a Kelley Blue Book Retail Value of less than $8,000 as of February 2014.

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Manheim Pennsylvania Donates $70,000 to Keystone Wounded Warriors

A portion of the proceeds from the Xtreme Spring Event benefits the Pennsylvania-based Keystone Wounded Warriors. This year’s donation marks a $20,000 increase over the donation made to the Wounded Warrior Project in 2013.

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IronPlanet Bids for U.S. Dept. of Defense

IronPlanet is the apparent high bidder pending final confirmation and award for a contract with the U.S. Defense Logistics Agency to manage and sell rolling stock surplus assets of the U.S. Department of Defense.

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Strong March Resale Values Kick Off Auction Buying Season

Used vehicles sold at auction lost a scant 0.3 percent of their value in March, a month known for strong retention as tax-refunded buyers come out in droves, according to Black Book.

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GM, Ford Top Vincentric's Best Fleet Value Awards

General Motors and Ford Motor Co. provided the most value to light-duty fleet vehicle purchasers, according to Vincentric's Best Fleet Value in America awards for 2014.

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