News

Sales in Motion Adds Carfax to Mobile Sales

Dealer sales staff can now instantly access the Carfax Vehicle History Report for used vehicles on the lot directly from SIM-SST.

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KAR Auction Services Personnel Changes

KAR Auction Services announced management changes within the IT Shared Services (ITSS) department, including the promotion of Chris Seitz to the newly created position of vice president.

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VW, Global Green USA to Auction First All-Electric Golf in U.S.

The auction gives bidders the opportunity to be the first owner of the brand’s first all-electric model before retail sales in the United States begin later this year.

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Wholesale Prices Soften for Fifth Consecutive Month

Wholesale used-vehicle prices in September averaged $9,557 -- down 0.4 percent compared to August.

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NextGear Capital Donates to NAAA Scholarship Fund

During the recent National Auto Auction Association (NAAA) Convention in Boston, NextGear Capital presented a $10,000 check to the NAAA Warren Young, Sr. Scholastic Foundation.

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Ford, Carfax Expand CPO Partnership

Ford is continuing its commitment to provide Carfax Vehicle History Reports for free to buyers and sellers of Certified Ford and Lincoln vehicles.

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DAA Huntsville Named Auto Auction of the Year

Dealers Auto Auction of Huntsville, Ala., has been named 2014 Auto Auction of the Year by the National Independent Automobile Dealers Association (NIADA) for its contributions to its community and the auto industry.

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Equifax Customers Gain Access to Black Book Vehicle Data

Equifax Inc., a global information solutions company, announced that its auto lending customers will now have the added benefit of direct access to Black Book vehicle value data and loan-to-value (LTV) model data.

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Used-Vehicle Depreciation Peaks in September

Used vehicles sold at auctions logged their highest depreciation this year in September, as 2009-2013 car and truck models fell 1.7 percent in value.

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Wholesale Used-Vehicle Price Adjustments Made

Wholesale used-vehicle values declined by just over 2 percent in the third quarter, as the market showed signs of returning to more normal levels after historically high prices earlier in the year.

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