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NewsMarch 13, 2009

NAAA Member Auctions Report $83.1 Billion in Sales for 2008

FREDERICK, MD - Sales of used vehicles totaled 9.48 million units worth $83.1 billion at National Auto Auction Association (NAAA) member auctions last year.

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NewsMarch 13, 2009

Black Book Reports Increased Auction Activity

GAINESVILLE, GA – Following a very rough year for both new and used automobile dealers, the first month of 2009 brought some much needed good news for most used vehicle sellers.

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NewsMarch 6, 2009

Attendance Up For 2009 CAR Conference & IARA Winter Roundtable

LAS VEGAS – The 14th Annual Conference of Automotive Remarketing (CAR) Conference, co-located with the International Automotive Remarketing Alliance (IARA) Winter Roundtable, had a record attendance of 532 remarketers, which exceeded last year's conference attendance.

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NewsMarch 6, 2009

Auction Industry Remains Strong Despite Struggling Economy

OVERLAND PARK, KS - The National Auctioneers Association (NAA), reported the results of its 2008 industry survey.

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NewsMarch 6, 2009

Chase Auto Finance Partners with Manheim for Online Sale Surge

ATLANTA – Chase Auto Finance has been selling 10 times as many vehicles on Manheim's OVE.com in January than it did a year earlier. The first month the sales for 2009 equaled to 20 percent of Chase's 2008 OVE.com sales volume for all of 2008.

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NewsMarch 6, 2009

Manheim Hosts Specialty Boat Sale

ATLANTA – With the growing demand for speciality units, Manheim DRIVE hosted its regularly scheduled Manheim Specialty boat auction on Feb. 17, that sold 100 percent of the boat units offered.

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NewsMarch 6, 2009

Hyundai Motor Finance Company Joins IARA

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) announced that Hyundai Motor Finance Company has joined IARA.

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NewsFebruary 27, 2009

Manheim Adopts Company-Wide Standards on ECRs and Arbitration Policy

ATLANTA – Manheim will begin laying out companywide standards for electronic condition reports (ECRs) on March 9, and adopt a single arbitration policy for all vehicle inventory purchased both in-lane and online March 6.

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NewsFebruary 27, 2009

ADESA Announces Changes to Auction Management

CARMEL, IN – ADESA announced changes to two of the company's auction locations. Theo Jelks, who served as general manager of ADESA Tampa since December 2005, has been chosen as the new general manger of ADESA of Los Angeles.

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NewsFebruary 27, 2009

Copart Adds Second Facility in South Carolina

FAIRFIELD, CA – Copart, Inc.'s new facility in Greer, S.C., marks the company's second facility in South Carolina and the 147th facility worldwide.

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