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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During the quarter, used transactions were up 8.3 percent from the second quarter of the 2013 calendar year. Combined commercial vehicle registrations in the second quarter were at their highest level since IHS Automotive began tracking used transactions in 2005.
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Second quarter average transaction prices for franchise used vehicles hit $16,781 -- the highest price on Edmunds.com record. Additionally, in the second quarter, CPO made up 20.4 percent of the franchise used market.
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Cox Automotive announced two key leadership changes at VinSolutions, a developer of Internet-based customer relationship management (CRM) solutions for the automotive industry, effective immediately.
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A dangerous scam that hides major problems with used cars is on the rise. According to new research from Carfax, nearly 800,000 used cars lurking on America’s roads right now may be part of an emerging fraud called title washing.
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David Andrews, CEO of City Enterprises, LLC took to the airwaves on a local Clear Channel radio 95 KSJ in Mobile, Ala. as he joined DAA Mobile General Manager Al Praitano for some country music and GSA vehicle previews the day before one of its largest sales, reaching a potential of 35,000 people.
Read More →The liquidation of assets owned by bankrupt electrical contractor Truland Systems is under way, with vehicles in the first sale including vans, trucks, and bucket trucks.
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Cox Automotive announced that Rock Anderson has been promoted to senior vice president and chief people officer, effective immediately. Anderson was previously Manheim’s regional vice president – West Regional Operations. Barry Roop, Manheim’s market vice president for the Texas Market, will assume Anderson’s previous role.
Read More →Manheim has been connecting buyers and sellers in the world of wholesale vehicle remarketing for nearly 70 years, including the past 25 in Tampa.
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Xcira has release a mobile App for the iPhone called AuctionEar, which adds instantaneous audio and video to the company’s mobile bidding platform.
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As part of its ongoing expansion and enhancement of membership services, the National Auto Auction Association (NAAA) has acquired Kink Or Bend LLC, an IT company to help auction members determine if potentially costly disclosure of a quarter panel replacement is required.
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