The Automotive Lease Guide (ALG), a respected residual forecasting guidebook, predicts that average resale values in the 2003 calendar year will be five percent lower than those in 2002.
ADESA Seattle today announced that Greg Beck is its new general manager. Beck was previously employed as GM at ADESA Sacramento.
Toyota Financial Services (TFS) and Lexus Financial Services (LFS) continue to maintain their leadership positions in leveraging technology with the announcement of their latest venture.
Greg Jelinek, executive vice president of National City Bank and manager of dealer finance, announced September 2, 2003 the appointment of Garry Marquiss as general manager of National City’s automotive finance division.
The confirmed speakers for Conference of Automotive Remarketing (CAR 2004) include some of the most influential leaders in automotive remarketing. They will share their collective knowledge, industry insights, and market forecasts for 2004 and beyond at the Mandalay Bay Resort and Casino in Las Vegas on January 21-23, 2004.
While Quincy Auto Auction is physically located in an ideal spot for growth, General Manager Mike Cooley reports that the efficiency of the AutoIMS system is helping attract additional national accounts. “We’ve been using the system with several clients for the past six months, and they’re pleased with the results,” Cooley says.
Imperial Auto Auction has announced that Laura DeLap has been promoted to assistant general manager. DeLap previously served as business manager at the facility.