The advantages and attributes of electric vehicles are upending the traditional remarketing cycle, requiring fleet sellers to rely on new factors and approaches detailed below.
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The International Automotive Remarketers Alliance (IARA) announced the appointment of Don Fowler to the position of treasurer for the Alliance.
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The Auction Academy recently held a joint session in Detroit, including both current class groups - the Managers Group and Next Generation/Sons and Daughters Group.
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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There are only six weeks left until the 2014 Conference of Automotive Remarketers (CAR), and everything is heating up!
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KAR Auction Services, Inc., announced that Tom O’Brien, chief executive officer of Insurance Auto Auctions, Inc. (IAA) and a director of KAR’s board, will step down as CEO of IAA effective April 30, 2014.
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ADESA and Volvo Cars of North America, LLC, announced the launch of the Volvo 360 Private Store, a new lease portfolio management and vehicle purchase website for franchised Volvo retailers.
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When Jose Ortiz of Ypsilanti, Mich. bought his 2010 Toyota Matrix at Dunning Toyota in December 2013, he didn’t realize the historical implication of his purchase.
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Through joint collaboration across the wholesale automotive industry, Auto Auction Services Corporation (AASC) has introduced a new industry standard for vehicle condition data reporting available to all members.
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DataScan Field Services has acquired Launch Technologies LLC and Field-Logic LLC, two companies that operate together to provide state-of-the-art floorplan auditing technology and audit services to financial institutions.
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KAR Auction Services, Inc., announced the acquisition of Miami-based High Tech Locksmiths (HTL), which specializes in products for the automotive industry.
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