News
Manheim Index Shows Used-Vehicle Wholesale Prices Up 2.1% in June
The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
Read More →The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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BRANDON, OR – While the national sales numbers are daunting, a regional look at the automotive retail environment tells a different story, CNW Research revealed in its year-over-year comparison of four used-vehicle markets — New York, New Orleans, Phoenix, and Los Angeles — for the month of May.
Read More →MENLO PARK, CA – OPENLANE, Inc., an online auction company in North America where automotive dealers buy and sell wholesale vehicles, announced Michael Briggs was promoted to vice president of transportation.
Read More →HERNDON, VA – In support of the government-funded "Cash for Clunkers" program, Volkswagen of America, Inc. announced it will provide either $3,500 or $4,500 off the purchase price of a new, more fuel-efficient vehicle for consumers who trade in an older, less efficient vehicle.
Read More →CARMEL, IN — ADESA announced that ADESA Sacramento was awarded the 2008 Auction of the Year by Automotive Resources International (ARI).
Read More →DEARBORN, MI – Beginning Thursday, June 25, Ford has dedicated a section on its Web site to take out all the guesswork on the “Cash for Clunkers” program, as well as show consumers if their current vehicle qualifies as a clunker, through an interactive calculator.
Read More →WAVERYLY, NY – With a special cake and traditional brass clock, auction owner Jeff Barber recognized the loyalty and efforts of five part-time employees who have worked at State Line Auto Auction for two decades or more.
Read More →CARMEL, IN — ADESA announced changes to its management team for PAR North America, a subsidiary of ADESA, effective immediately.
Read More →WASHINGTON – The Senate approved a $1 billion program yesterday to give vouchers to consumers who trade in their gas-guzzling clunkers for more fuel-efficient models.
Read More →DETROIT – GMAC Financial Services, an auto financing company, told Vehicle Remarketing's Reporter that SmartAuction has not been and will not be affected by GM's bankruptcy filing.
Read More →DALLAS – David Lever, director of remarketing for Nissan Motor Acceptance Corp., passed away May 1. He was 56.
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