News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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NextGear Capital, Inc., a provider of lending products and support services for the automotive remarketing industry, recently announced that NextGear Floorplan Master Owner Trust successfully completed the sale of $433.333 million of privately placed 144A Asset-Backed Notes, Series 2014-1.
Read More →This first-ever partnership makes Manheim and Go Auto Exchange DriveTime’s primary source for remarketing wholesale inventory through its physical locations, mobile auctions, and online.
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Cox Automotive President Sandy Schwartz announced December 11 that Janet Barnard will take on the role as president of Manheim North America, effective immediately.
Read More →The addition of Harrisburg Auto Auction to America's Auto Auction brings the parent company to 11 locations.
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Registration for the 20th annual Conference of Automotive Remarketing (CAR) is now officially open. Register by February 20 to save $100.
Read More →GovPlanet, an online marketplace for buying and selling used government assets, announced that buyers can start viewing and bidding on used High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, for sale during its December 17 online auction.
Read More →Owners of Corry Auto Dealers Exchange (CADE) stepped in with a donation of $14,500 to provide more than 50,000 meals through international charity, Stop Hunger Now.
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AuctionEar, a mobile app developed by XCIRA that adds instantaneous audio and video to the company’s mobile bidding platform, is now available for both IOS and Android devices.
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The average price of a used vehicle fell 1.9 percent in November from the prior month led by steeper-than-expected declines by full-size pickups, according to Black Book.
Read More →Toyota Motor Credit Corp. revealed in a regulatory filing that it could face an enforcement action from the Consumer Financial Protection Bureau and the U.S. Department of Justice.
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