SGS Automotive Services announced on August 14 that it has implemented a new Customer Service Center in Cincinnati for appointment scheduling and customer service that is speeding the process of readying off-lease and other vehicles for resale through the Internet.
By Mike Antich, Editor, Vehicle Remarketing magazine. A new concern is emerging in the used-vehicle market about the possibility of a future softening of resale values for full-size pickups. Currently, and throughout the 1990s, resale values for full-size pickups have been extremely strong. The concern is that the supply-and-demand imbalance we are seeing today with SUVs in the wholesale market
Programming Concepts, Inc. (PCI) announced on August 5 the introduction of its Internet-based vehicle remarketing system (webVRS).
A new off-lease remarketing program, known as AutoMatch, has been developed by autobytel to facilitate the wholesaling and retailing of vehicles by matching dealers and customers to vehicles prior to grounding using an Internet-based system.
Greater Quad-City Auto Auction has teamed with General Services Administration (GSA) to hold the first public, client-specific Internet auctions.
Certified Used-Vehicle sales for Saturn totaled 21,728 units in the first seven months of 2003, 125.9 percent more than the 9,619 sold in the same period in 2002.
AutoTradeCenter (ATC) has announced second quarter revenue of $3.9 million and $7.3 million for the three months and six months respectively, which ended June 30, 2003.
Join NAFRD members and industry colleagues at the PGA Resort and Spa in Palm Beach Gardens, FL, Oct. 9-12, 2003 for this year's annual conference.
ARI has debuted ariautodirect.com, a vehicle shopping Web site that places a fleet’s entire inventory of available vehicles online for immediate purchase by that company’s employees. By entering the client-provided “client code” and “ARI”, the zip code, and vehicle criteria, company employees can view all vehicles that match the desired parameters.
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.
ADESA Canada, a subsidiary of Indianapolis, IN-based ADESA Corp, an ALLETE company, announced August 18 that General Motors Canada and Mitsubishi Motors have selected ADESA’s DealerBlockTM for online Canadian remarketing. Both clients join a lineup, which already includes BMW Group Canada/BMW Financial Services; FinanciaLinx; Ford Motor Co. of Canada; and General Motors Acceptance Corp. of Canada.
ADESA Charlotte won the 2002 "World Class Auction of the Year" award, presented by World Omni Financial Corp./CenterOne Financial Services ("World Omni/CenterOne").
ADESA Lansing today announced that Jeff Thomas is its new general manager. Thomas was previously employed as the assistant general manager at ADESA Des Moines.
This year's National Auto Auction Association's Convention and Equipment & Services Expo takes place October 1-5, 2003 at Grand Americac/Little America Hotel & Tower in the heart of Salt Lake City.
Companies with higher mileage vehicles typically don't get the benefit of a warranty program. Now, Wheels, Inc. has extended the mileage limits on its three-month/3,000-mile warranty to 110,000 miles.
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