Keith Lelux, owner of Charleston Auto Auction, has announced that Chris Wise is the auction’s new National Remarketing Manager. Wise comes to Charleston after five years with the Carolina Auto Auction, where he began as a condition report writer and, after several promotions, worked most recently as lease manager.
A reduced inventory of used vehicles in the wholesale market has helped to stabilize resale values, contributing to four consecutive months of improved prices from June to September.
The 2002 "World Class Internet Auction of the Year" award was recently presented to Greger Roner, auction general manager of Atlanta Auto Auction, Atlanta, Georgia, by World Omni Financial Corp. and its CenterOne Financial Services division (World Omni/CenterOne).
ServNet and AutoTradeCenter have announced the formation of a strategic remarketing partnership for online vehicle sales using ATC’s Internet auction platform.
The 2002 “World Class Internet Auction of the Year” award was recently presented to Greger Roner, auction general manager of Atlanta Auto Auction, Atlanta, Ga., by World Omni Financial Corp. and its CenterOne Financial Services division (World Omni/CenterOne).
GM Certified Used Vehicles has launched a nationwide fall incentive program to drive consumer interest, generate traffic to GM Certified Used Vehicles dealers and increase sales.
Toyota Motor Sales U.S.A., Inc., announced the sale of its one-millionth Toyota Certified Used Vehicle, a 2002 Camry, making Toyota the first single-line manufacturer to reach the million-vehicle sales mark with a certified used-car program.
Mitsubishi Motors North America has named Michael Tocci to oversee MMNA’s U.S. sales operations, dealer development, distribution, logistics, fleet, and remarketing.
ADESA Corp. has awarded Randy Bednarek of ADESA Dallas the company's Top Shop Award for running an outstanding body shop.
Drive Financial Services and ServNet have introduced a two-tiered certification program, designed to enhance sales of Drive Financial vehicles at ServNet auctions.
According to Nassau Asset Management’s first public release of its NasTrac Quarterly Index (NQI), fewer trucks were repossessed in the first two quarters of 2003 than the same time last year.
Copart, Inc. on Sept. 16, 2003 reported results for the fourth quarter and fiscal year ended July 31, 2003.
CarsDirect.com, a multi-brand online car buying service, announced on Sept. 16 its September 2003 Best Bargains selections. Most notable this month is the generous number of rebates on newly released 2004 models.
The National Automotive Finance Association (NAF Association) has published its Non-Prime Automotive Financing Study 2003.
Kenneth D. Levin, Ph.D., was named manager of CRM Analytics at Remarketing Services of America, Inc. (RSA) on September 12, 2003. RSA is a unit of Fiserv.
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