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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Wholesale prices reversed course and increased both sequentially and annually in August. Key drivers were strong retail sales and a decline in new vehicle incentives. Still, growing wholesale volumes should keep downward pressure on prices and increase the availability and selection of used vehicles for dealers.
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Manheim Canada has selected Don Wallace as general manager of Manheim Toronto. In this role, Wallace is responsible for all business operations at Manheim’s Canadian flagship location, and the country’s first and largest auction.
Read More →In addition to the existing three-year AutoCheck Buyback Protection, starting September 4, 2013, Mazda will offer its CPO customers an additional 12-month/12,000-mile limited warranty.
Read More →NextGear Capital presented its first-ever Auction Partners Awards at this year's National Auto Auction Association (NAAA) Convention in Indianapolis on September 4.
Read More →Dealers Auto Auction of the Rockies, a leader in customer service and community service, has been named Auto Auction of the Year by the National Independent Automobile Dealers Association.
Read More →Wheels honored its top regional auto auction facilities for 2013 at an awards ceremony September 4 in Indianapolis.
Read More →A summer-long promotion at Flint Auto Auction encourages dealers to "Win the Race" with US Bank. The auction kicked off the promotion on June 12 and will continue it through September 18.
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The International Automotive Remarketers Alliance (IARA) Board of Directors announced the appointment of Tony Long as the new executive director of the IARA, effective Sept. 1, 2013.
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Nearly 357,100 used commercial registrations were recorded during the January-June time frame, based on Polk analysis, which also found used transactions during the second quarter of the 2013 calendar year were the highest since the second quarter of the 2011 calendar year.
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Sparkling City Auto Auction continues its meteoric rise in the San Antonio market, building consignment, expanding facilities, and adding acreage to keep pace with increasing volume.
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