News

CAR Conference Celebrates 20 Years

If you haven't already, save the date for the 20th anniversary event of the 2015 Conference of Automotive Remarketing (CAR), to be held March 18-19, 2015 at Caesars Palace, Las Vegas.

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8 Segments Will Lead 4th Quarter Depreciation

Black Book expects Luxury-Level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments. Entry-level and small cars will also feel noticeable value drops as a result of significantly low fuel prices and falling demand for these vehicles.

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Senator and Assemblymember Visit Manheim

To demonstrate the economic value that wholesale vehicle auctions provide to their local economy, Manheim hosted an auction visit and tour of Manheim Riverside for State Sen. Richard D. Roth (D-Riverside) and State Assemblymember Jose Medina (D-Riverside) on Tuesday, October 21.

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CARCO Offers New Features on Vehicle Title History Reports

CARCO has announced that a new version of its CheckThatVIN motor vehicle title history report is now available to NIADA members.

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vAuto, VinSolutions Integrate Data

Customers of both vAuto and VinSolutions will be able to take advantage of a new integration, which gives them access to VinSolutions CRM data in the vAuto Provision suite.

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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 to Auction First U.S. e-Golf

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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