The 2004 IARA Remarketing Roundtable Series, designed to address the needs and priorities of vehicle remarketers, is slated to kick off January 21, immediately prior to the 2004 Conference of Automotive Remarketing (CAR), at the Mandalay Bay Hotel and Casino in Las Vegas.
Following action taken by the New York state Attorney General's office, Fuccillo Ford of East Greenbush, NY, has agreed to pay more than $30,000 in restitution for failing to disclose to customers the true history of some of the used vehicles it sold, according to WXXA TV in Albany.
Creative use of new remarketing techniques has enabled companies with large portfolios of used vehicles to maintain used-car values in the face of the pricing challenge posed by heavy incentives on new cars, said Manheim president and CEO Dean Eisner.
ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.
Manheim has announced that John Deck and Mike Mosier have been named assistant general managers at Georgia Dealers Auto Auction. Deck formerly served as factory and fleet/lease manager at Denver Auto Auction in Aurora, Colo., while Mosier was the Northeast regional controller for Manheim.
The city of New Bedford has placed a one-year moratorium on the sale of used-car licenses as it attempts to create a new ordinance that will prevent "fly-by-night" operators from receiving licenses, according to the Standard-Times newspaper.
Rob Chesney, director, national sales of eBay Motors, will be the luncheon keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23 at the Mandalay Bay Resort and Casino in Las Vegas. Chesney will speak about “Breaking Barriers” in the remarketing industry on Tuesday, January 22.
Due to overwhelming demand for a better lease termination disposition channel, Nationwide Auction Systems has created a first-of-its-kind lease turn-in center for financial institutions, manufacturers, and lease companies.