September 3, 2010 Donlen Named to Auto Remarketing Power 200 List of Influential Companies NORTHBROOK, IL – Donlen, a North American fleet leasing and management company, announced they have been named to the Auto Remarketing Power 200 List, recognizing the most influential companies in the remarketing and used-car industry.
3.
September 3, 2010 Manheim Expands Avis Early Access Program ATLANTA – Manheim and Avis Budget Group are expanding the Avis Early Access rental vehicle remarketing program to eight new markets, following a successful beginning to the program at select Avis airport locations in six major markets.
September 3, 2010 IARA Presents AmeriCredit's Dan Heinrich with Special Achievement Award MT. ARLINGTON, NJ – On August 11, the International Automotive Remarketers Alliance (IARA) presented its Special Achievement Award to Dan Heinrich, vice president of Asset Remarketing for AmeriCredit, at its Summer Roundtable in Denver.
7.
September 3, 2010 CEO of American Auto Auction Group Honored by Dept. of Defense CHARLESTON, SC – Steve Simon, CEO of American Auto Auction Group (AAAG), was honored by the Department of Defense for his volunteer work with members of the Armed Forces and civilian employees serving in Iraq.
8.
September 3, 2010 IARA Announces Two New VPs MT. ARLINGTON, NJ - The IARA announced the following Board Directors were appointed to Vice President positions at the IARA's Annual meeting in Denver, Colorado.
September 3, 2010 ADESA Opens New Auction in Cincinnati CARMBEL, IN - ADESA announced that it has expanded its reach in the greater Cincinnati area with the opening of a new used-vehicle auction.
11.
August 27, 2010 Manheim Adds New Wells Fargo Auto Finance Location ATLANTA – Manheim has expanded its partnership with Wells Fargo Auto Finance by adding a new sale at Manheim Phoenix, the 15th Manheim location to feature top-notch Wells Fargo Auto Finance inventory.
12.
August 27, 2010 ADESA Seattle Names New Managers CARMEL, IN — ADESA Seattle has named two new managers: George Powell, fleet manager and Dan Watt, assistant general manager.
13.
August 27, 2010 ServNet Expands Beyond Lower 48, Adds DAA of Alaska FRANKLIN, TN - The ServNet Auction group is now 23 auctions strong and has extended its footprint beyond the 48 contiguous states with the addition of Dealers Auto Auction of Alaska.
14.
August 27, 2010 Manheim Recognizes NAAA's National Auto Auction Week ATLANTA – National Auto Auction Week carries extra meaning for Manheim and its employees this year, as 2010 marks Manheim's 65th anniversary.
15.
August 27, 2010 Late-Model Luxury Vehicles Feel Pressure IRVINE, CA - Kelley Blue Book, www.kbb.com, a provider of new- and used-car information, reported that the arrival of 2010 model-year vehicles at auction has put downward pressure on late-model luxury vehicles.
16.
August 27, 2010 Three ARI Employees Attain IARA Certification MT. LAUREN, NJ - Automotive Resources International (ARI) announced that three more of its vehicle remarketing professionals have been awarded the International Automotive Remarketers Alliance (IARA) Certified Automotive Remarketer (CAR) title.
August 20, 2010 Ritchie Bros. to Sell Street Sweeper for Charity During L.A. Equipment Auction LOS ANGELES - Tina McDonough, owner and president of One.7, Inc., a used-sweeper dealer in the U.S., is teaming up with Ritchie Bros. Auctioneers, an industrial auctioneer, for a second year to sell a street sweeper to raise funds for breast cancer research.
19.
August 20, 2010 IARA Announces New Officers MT. ARLINGTON, NJ - The IARA announced that the following Officers and Directors were appointed at the IARA's Annual meeting in Denver, Colo.
August 20, 2010 IARA Announces New Members MT. ARLINGTON, NJ – The IARA announced at its annual Summer Roundtable in Denver that four consignor members and nine service providers have joined IARA since the last annual meeting.
22.
August 20, 2010 Rea Brothers' Mid-South Auction Chosen by GM/GMAC AVENTURA, FL – Mid-South Auction was awarded a contract to host auctions for General Motors and GMAC at its Jackson, Mississippi location.
23.
August 20, 2010 IARA Reports 2010 Summer Roundtable a Huge Success MT. ARLINGTON, NJ - The IARA's Summer Roundtable held Aug. 10-11 in Denver at the Hyatt Regency Downtown was one the largest attended with more than 150 remarketing professionals in attendance.
24.
August 13, 2010 Repo Remarketing Growth Expands Sales Team CITRUS HEIGHTS, CA – Responding to its expanding market growth in the South and Eastern US, Repo Remarketing's Founder and CEO, Lance Gartner, has added depth to his sales staff.
August 13, 2010 Manheim & Dollar Thrifty Automotive Group Expand Partnership ATLANTA – Manheim and Dollar Thrifty Automotive Group, Inc., (“Dollar Thrifty”) are making it more convenient than ever for dealers everywhere to stock up on the latest quality rental inventory.
August 13, 2010 ADESA Promotes Ruffin to Executive Director of Sales CARMEL, IN — ADESA announced that Chad Ruffin has been promoted to executive director of sales for the national sales team, effective immediately.
29.
August 13, 2010 Wholesale Prices Reach Record Peak in First Half of 2010 ATLANTA – In what remained a volatile marketplace in the first half of 2010, used-vehicle retail sales volumes increased, wholesale used-vehicle volumes declined, and wholesale vehicle values reached record highs.
30.
August 13, 2010 OPENLANE Partners with Homenet to Make Wholesaling Cars Easier REDWOOD CITY, CA – OPENLANE, Inc., announced it has collaborated with HomeNet Automotive to offer dealers an easy and efficient way to list and wholesale their aged inventory.
31.
August 6, 2010 Openlane Acquires Recovery Database Network, Inc. REDWOOD CITY, CA – OPENLANE, Inc., an online auction company in North America for automotive dealers to buy and sell wholesale vehicles, has acquired Recovery Database Network, Inc., a specialized provider of software and data solutions related to the recovery of assets for the automotive finance industry.
32.
August 6, 2010 Cash for Clunkers Lessees Want to Escape Leases MIAMI – LeaseTrader.com reports a significant trend in inquiries from people who leased a car with a Cash for Clunkers rebate looking to escape the auto lease just one year into their five-year commitment.
33.
August 6, 2010 ADESA Phoenix Hosts Heavy-Duty Truck Specialty Sale PHOENIX - ADESA Phoenix recently held a successful specialty sale featuring heavy-duty trucks, many from Hitachi. This was an opportunity for dealers to purchase heavy-duty trucks at this location.
August 6, 2010 Manheim Releases Mid-Year Used Car Market Report ATLANTA – In what remained a volatile marketplace in the first half of 2010, new and used vehicle retail sales volumes increased, wholesale used vehicle volumes declined, and wholesale vehicle values reached record highs, according to the Manheim report.
36.
July 30, 2010 AUL Appoints Atkinson Chief Operating Officer NAPA, CA – Napa-based AUL Corp., a national provider of used-car service contracts, announced the hiring of Jimmy Atkinson as chief operating officer and senior vice president.
37.
July 30, 2010 Auction123 Introduces Facebook App WESTON, FL - Auction123 announced the release of its Facebook application. Inventory will be advertised and marketed on a site where more than 500 million users spend an average of 25 minutes each day.
38.
July 30, 2010 Black Book Sees Prestige Luxury Vehicles Continue 11 Week Slide GAINESVILLE, GA – Recent auction sale results indicate a stable overall market overall. Black Book witnessed a jump in the percentage of adjustments requiring increases in values as compared to adjustments the previous two weeks.
39.
July 30, 2010 Manheim Partners with Nissan Motor Acceptance Corp. & Infiniti Financial Services ATLANTA – Manheim is helping Nissan Motor Acceptance Corp. and Infiniti Financial Services keep their off-lease, or “grounded,” vehicles on the fast track to new owners with the introduction of an end-to-end grounding and remarketing solution.
40.
July 30, 2010 Bob Graham Outlines IARA's Future Goals MT. ARLINGTON, NJ - Bob Graham, ARI's director of Vehicle Remarketing and president of the International Automotive Remarketers Alliance (IARA), discusses his future plans for the remarketing association and his reasons for joining.
July 22, 2010 Openlane Partners With Homenet To Make Wholesaling Cars Easier REDWOOD CITY, CA – OPENLANE, Inc., an online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced it collaborated with HomeNet Automotive.
44.
July 22, 2010 Black Book Analyzes Which Models are the Toughest Sell GAINESVILLE, GA - Heading toward fall and the introduction of the majority of the new model-year 2011 vehicles, normal expectations are a softening in the market, especially on later model-year vehicles,
45.
July 22, 2010 GM to Acquire AmeriCredit DETROIT — General Motors and AmeriCredit Corp. announced they entered into a definitive agreement for GM to acquire the subprime auto finance company in an all-cash transaction valued at approximately $3.5 billion.
July 16, 2010 South Florida Auto Auction of Ft. Lauderdale Retains TPC Management Company FT. LAUDERDALE, FL - South Florida Auto Auction of Ft. Lauderdale (SFLAA), in Ft. Lauderdale, Florida has retained TPC Management Company for strategic consulting in National Account - Fleet/Lease business development.
48.
July 16, 2010 ADESA Boston Holds Heavy-Duty Truck and Equipment Sale August 3 CARMEL, IN — ADESA Boston will be hosting a specialty sale of heavy-duty trucks and equipment August 3. The sale is open to both dealers and the general public and begins at 1 p.m. EDT.
49.
July 16, 2010 Carfax Database Reaches 8 Billion Records Milestone CENTREVILLE, VA – Carfax announced its online database of vehicle history information now exceeds 8 billion records, including more than 34,000 sources.
50.
July 16, 2010 Used-Vehicle Demand Weakens Due to High Price Threshold CARMEL, IN - The latest data from the Federal Reserve Board indicates that used vehicles financed in April had an average retail price of more than $19,400, 61.7 percent of the average new vehicle financed that month.
51.
July 16, 2010 Black Book: ‘Very Positive Retention Value' for New Diesel Engines GAINESVILLE, GA – The used-vehicle market is performing well following the Fourth of July holiday, with auction attendance and activity stable, but there is noticeable activity from the truck segment and its improved retention values.
52.
July 9, 2010 Manheim Southern California Announces Major Expansion FONTANA, CA — Manheim Southern California has opened a new 25-acre auction facility to better meet the needs of its rapidly expanding Specialty and Heavy Truck & Equipment customer base.
53.
July 9, 2010 IARA Discount Rates Expire Today! MT.ARLINGTON, NJ - Discounted rates for the 9th annual IARA Summer Roundtable Series, held August 10-11 in Denver at the Downtown Hyatt Regency Convention Center, expire today, July 9.
54.
July 9, 2010 Donlen Announces Monthly Remarketing Update NORTHBROOK, IL – Donlen, a North American fleet leasing and management company, announced a new monthly feature to their thought leadership blog, “On the road…”: Monthly Remarketing Update.
55.
July 9, 2010 Mazda Launches Certified Pre-Owned Program IRVINE, CA – Mazda North American Operations (MNAO) announced the launch of a new Certified Pre-Owned (CPO) program designed to maximize the value of a pre-owned Mazda.
56.
July 9, 2010 Used-Vehicle Market Luster Disappears GAINESVILLE, GA – As industry reports come in regarding recent monthly new car sales trends, the used-vehicle market continues to be a strong indicator of the current economic conditions throughout the country.
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