Despite the growth in certified pre-owned (CPO) programs, the concept of used-vehicle certification remains under appreciated by most consumers, largely leaving dealers to shoulder the responsibility of communicating the benefits of certification, according to a J.D. Power and Associates 2004 Used Vehicle Sales and Certification study.
The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.
The National Auto Auction Association (NAAA) has announced the creation of the National Auto Auction Association Scholastic Foundation, Inc. (the "Foundation").
Pennsylvania Auto Dealers Exchange (PADE) has received the national Top Performing Auction 2003 award from Remarketing Services of America, Inc. (RSA), a unit of Fiserv, Inc. This marks the second time since 2001 that PADE has achieved this award.
Chrysler Group reported Certified Pre-Owned Vehicle (CPOV) sales of 25,121 units for first quarter 2004, a new sales record and an increase of 18 percent compared to first quarter 2003 when 21,249 units were sold.
Nationwide Auction Systems has been awarded a five-year contract to dispose of drug-seized vehicles for the United States Marshals Service, Central District of California.
Nassau Asset Management’s NasTrac Quarterly Index shows a 27-percent decrease in repossessions of construction equipment and a 61-percent drop in truck and trailer repossessions the first quarter of 2004 compared with the same quarter last year.
The FBI recently indicted 17 men in the Northeast for allegedly misrepresenting mileage on approximately 10,000 used-vehicle odometers.
Manheim has announced that Harrisonburg Auto Auction in Harrisonburg, Va., placed second among Remarketing Services of America’s (RSA) leading auctions for 2003.
Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will be speaking at the National Vehicle Leasing Association's annual conference.
Manheim has announced that Armando Sanchez has been promoted to assistant general manager of Lakeland Auto Auction in Lakeland, Fla.
ADESA announced that it has promoted Jason Brinkley to the position of general manager for ADESA Atlanta.
The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.
Manheim announced today that Alex Kozlowski has been promoted to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md., and Chris O’Donnell has been promoted to assistant general manager of Butler Auto Auction in Cranberry Township, Pa.
AmeriFleet Transportation announced April 20 that it has wholly acquired Wichita, Kansas-based Compliance & Rick Services, Inc. (CRS) in a move to expand its menu of services to the medium- and heavy-duty truck leasing arena.
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