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NewsNovember 6, 2008

GM Ends Used-Car Incentive Program

DETROIT – GM has ended its used-car incentive program, which started Oct. 1 and was scheduled to end Jan. 5.

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NewsNovember 6, 2008

Manheim Montreal Hosts Inaugural Sale at New Facility

ATLANTA – Manheim Montreal celebrated the opening of its new facility with an inaugural sale on Oct. 21, attracting more than 800 dealers and featuring more than 2,000 units to mark the occasion.

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NewsNovember 6, 2008

Second Keynote Speaker Announced for CAR 2009

LAS VEGAS – Mark Mathews, director of used-vehicle activities for General Motors, has just been confirmed as the second keynote speaker at the 2009 Conference of Automotive Remarketing (CAR), Feb. 25-26, at Caesars Palace, Las Vegas.

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NewsNovember 6, 2008

Amica & Carfax Join Forces to Increase Used-Car Buyer Protection

CENTREVILLE, VA – For the first time, total loss vehicle information from Amica Mutual Insurance Co. will be available to used-car buyers and sellers through Carfax Vehicle History Reports.

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NewsNovember 6, 2008

Black Book Three-Month Rolling Average Shows Some Improvement

GAINESVILLE, GA - An analysis of the data in the Black Book three-month rolling average for the period ending Oct. 31, 2008, showed some pleasant surprises for many of the vehicle segments that had been hit the hardest by the rise in fuel prices through the first eight months of the year.

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NewsNovember 6, 2008

Wheels Utilizes Innovative Funding Services for Remarketing Program

DES PLAINES, IL – Wheels, Inc., has selected Innovative Funding Services(IFS) to assist them in financing some of the 60,000 vehicles they remarket every year.

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NewsOctober 30, 2008

Vote for Consignor of the Year Award to Be Presented at CAR 2009

TORRANCE, CA – Bobit Business Media and Vehicle Remarketing Magazine will present its annual award for Consignor of the Year at the Conference of Automotive Remarketing (CAR 2009) at Caesars Palace in Las Vegas.

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NewsOctober 30, 2008

Charleston Auction Manager First to Complete IARA Certification Training

CHARLESTON, SC – Chris Wise, National Remarketing Manager at the Charleston Auto Auction was the first to complete the 20-course regime to become a Certified Automotive Remarketer (CAR) in the program initiated by the International Automotive Remarketers Alliance (IARA).

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NewsOctober 30, 2008

Nissan Motor Acceptance Corporation Partners With ADESA to Launch New Web Site

CARMEL, IN – ADESA has launched NMAC RPM 2.0, a new Web site developed in conjunction with Nissan Motor Acceptance Corporation (NMAC).

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NewsOctober 30, 2008

Triad Financial Now Offers Loan Servicing for Credit Unions, Finance Companies and Investors

NORTH RICHLAND HILLS, TEXAS – Triad Financial Corporation has entered the third-party servicing business. The company is currently signing up clients who need servicing for consumer vehicle loans.

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