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NewsJanuary 15, 2010

Credit Unions Begin to Look Online to Unload Excess Repos

WASHINGTON - Since the start of the decline in the economy, auto lending has been an area where credit unions have managed to see substantial growth.

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NewsJanuary 15, 2010

ADESA Miami Hosts Dealer Avenue Block Party at New Facility

CARMEL, IN & MIAMI — ADESA Miami announced it will host a Dealer Avenue block party at its new location. This dealer consignment sale, which will be held Tuesday, January 26.

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NewsJanuary 15, 2010

San Jose Car Repossessed with 2-year-old in Back Seat

SAN JOSE, CA – A 2000 Honda Accord was repossessed in the San Jose, Calif., area with a 2-year-old child still in the back seat, according to the Mercury News.

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NewsJanuary 15, 2010

Copart to Acquire Five UK Facilities

FAIRFIELD, CA - Copart UK Limited has agreed to acquire D Hales Limited, a UK-based vehicle salvage disposal company, headquartered in Bristol, with five auction and auto parts facilities.

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NewsJanuary 8, 2010

CarMax Reveals Top Searched Used Vehicles For 2009

RICHMOND, VA – CarMax, Inc., a nationwide retailer of used cars, reports the top ten searched used vehicles on carmax.com for 2009.

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NewsJanuary 8, 2010

Used, Certified Pre-Owned Sales Show America's Continued Desire for Full-Size Trucks & SUVs

ATLANTA – Views for used and Certified Pre-Owned (CPO) vehicles on AutoTrader.com continued to benefit trucks and SUVs, as these larger vehicles remained popular with car shoppers in December 2009.

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NewsJanuary 8, 2010

Some New Cars Now Less Expensive Than Used Cars, Edmunds.com Reports

SANTA MONICA, CA – Edmunds.com said the deals on some new cars are so generous they actually make the new car less expensive than the one-year-old used version of the same model.

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NewsJanuary 8, 2010

BCA's New Owner Promises Investment to Grow Auction Business

NEW YORK – BCA has been sold by its private equity parent to another venture capitalist for an undisclosed fee

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NewsJanuary 8, 2010

ADESA Adopts NAAA Arbitration Policy

CARMEL, IN – ADESA announced it adopted the National Arbitration Policy of the National Auto Auction Association (NAAA) at all of its U.S. auction locations, effective immediately.

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NewsJanuary 8, 2010

Smaller Used-Vehicle Supply Boosts Wholesale Prices in 2009

WASHINGTON - About 8 million fewer used cars and trucks entered the U.S. market over the past two years, resulting in higher used-vehicle prices every month in 2009.

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