Manheim has announced that Janet Hendrixson has been promoted to assistant general manager, sales and marketing, for Nashville Auto Auction. She previously served as general sales manager for the auction.
BMW of North America LLC is launching an extended warranty program for older and high-mileage vehicles to boost sales of used vehicles that dealers sell a second or even a third time, reported Automotive News.
ADESA Corp. is pleased to announce that its President and Chief Operating Officer James P. Hallett has received citizenship from the United States Bureau of Citizenship and Immigration Services (formerly known as the INS).
Entrepreneur Payam Zamani started selling used cars recently through his site OpenAuto.com, announcing this addition to his strategy at a late January trade show of auto dealers in Las Vegas, according to the Oakland Tribune.
More than $1.4 million in Internet sales for Volkswagen Credit (VCI) were posted at Brasher’s Cascade Auto Auction in 2003.
In a year when incentives kept new-car sales high and prices low, used-car sales more than held its own, with a record 43.6 million vehicles retailed in 2003 at a value of $370 billion, according to Manheim's 2004 Used Car Market Report.
Cars.com and Kelley Blue Book have announced the beginning of a partnership first revealed in 2003, under which cars.com will exclusively power Kelley Blue Book's "Blue Book Classifieds" and "Sell Your Car" channels on kbb.com, reported AutoRemarketing.com.
Manheim enters 2004 with a growing suite of technology services that are allowing its customers to gain real-time insight into market conditions and buy or sell vehicles at every stage of the remarketing cycle.
Auction Management Systems, developer of the OnLine Ringman system, reports that more than 10,000 vehicles have been sold at ServNet auctions using OnLine Ringman.
Manheim has announced that Todd Pfeifer has been promoted to auction manager at Omaha Auto Auction.
IDS Scheer North America, the leading provider of business process excellence services and tools, announced a major customer win in the automotive industry with Onlane, Inc.'s successful implementation of the mySAP Business Suite software including mySAP Financials.
Next Phase Media, Inc., an online referral source, and its subsidiary OpenAuto.com, announced a new online used-car service that improves the efficiency of matching a buyer with their pre-owned vehicle.
Brasher’s Sacramento Auto Auction has posted over $760,000 in Internet sales for Hertz since mid-2003.
In 2003, Simulcast’s first full year in operation, more than 21,000 unique dealers attended Manheim sales via Simulcast an average of 5-6 times and recorded more than 307,000 online bids.
eBay bought one of the largest online used-car markets in Germany for 121 million euros (USD151.25 million) on January 26. The deal must be approved by German regulators and is expected to close some time in the second quarter.
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