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Newsby Lauren FletcherAugust 24, 2015

IARA Names New President

Jeannie Chiaromonte, VP and national remarketing manager for Bank of America, was named president of the International Automotive Remarketers Alliance (IARA) at the 2015 Summer Roundtable held August 18-19 in Fort Worth, Texas.

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Newsby Lauren FletcherAugust 24, 2015

2015 IARA Summer Roundtable Roundup

The International Automotive Remarketers Alliance (IARA) held its 2015 Summer Roundtable event August 18-19 At the Hilton Fort Worth in Texas. There were more than 200 registrations for this year’s conference.

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NewsAugust 21, 2015

Used Vehicle Sales Strengthening, Edmunds Says

Certified pre-owned vehicle sales accounted for 22.7 percent of used sales by dealers, setting a record for a single quarter, according to a report by Edmund's.com. Overall, the sale of used vehicles came in strong in the second quarter of 2015 at approximately $9.6 million, growing at a 5.1 percent year-over-year.

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NewsAugust 21, 2015

Manheim Pennsylvania Celebrates 70 Years

On August 19, Manheim Pennsylvania, which began as a three car, single-lane auto auction in 1945 and today uses 33 lanes as well as digital access to facilitate the sale of 450,000-plus vehicles per year, celebrates seven decades.

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NewsAugust 21, 2015

Used-Vehicle Prices Decline Three Months Straight

For the third month in a row, average wholesale used vehicle prices fell significantly on a month-over-month basis, falling below $10,000 for the first time this year.

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NewsAugust 20, 2015

Insurance Auto Auctions Expands Branch in Austin

The facility, now comprising 57 acres, offers IAA buyers and sellers an improved auction experience.

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NewsAugust 19, 2015

Four ADESA Auctions Raise More than $283,000 for Charity

Four ADESA auctions, in partnership with the Ford Global Action Team, raised more than $283,000 for JDRF, the leading funder of type 1 diabetes (T1D) research.

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NewsAugust 19, 2015

TPC Management Names New Partner

TPC Management Company announced that 11-year company veteran Jiles Wanna has been promoted to the position of Partner with the firm.

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NewsAugust 18, 2015

Toyota Sets 2016 Tacoma Pricing

The third-generation 2016 Toyota Tacoma base model SR will carry a retail price of $24,200 when it arrives at dealer lots in the middle of September for about a $3,000 increase over the outgoing model.

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NewsAugust 14, 2015

EVs Facing Heavier Depreciation than Gasoline Counterparts

Smaller cars have experienced heavier depreciation over the past 12-18 months, but it’s the small mainstream electric vehicles that are experiencing even heavier valuation drops.

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