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.
Read More →
SAN FRANCISCO, CA – Yahoo Inc. will close its online auction service for North America next month.
Read More →CARMEL, IN— ADESA announced that Bob Rauschenberg and Jeff Bescher will be joining the company to lead its sales and marketing efforts.
Read More →CARMEL, IN—ADESA announced that it has made several appointments to its used vehicle operations senior management team.
Read More →ATLANTA – Manheim's Tucson Auto Auction broke records for the number of recreational vehicles offered and sold at its monthly RV sale held April 25. Of the 210 registered RVs offered, 163 were sold.
Read More →AUBURN HILLS, MI – The Chrysler Group reported that its Five Star dealers sold 10,393 Certified Pre-Owned Vehicles (CPOV) in April 2007, a 2-percent decline from the same month last year (2006: 10,586). However, year-to-date sales were up 6 percent to 42,623 units (2006: 40,357).
Read More →ATLANTA – Manheim's wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) inched up in April. Prior to the seasonal adjustment, wholesale prices were off 0.9 percent for the month. The Manheim Used Vehicle Value Index reading was 114.2 in April, the same as a year ago.
Read More →CENTREVILLE, VA – Industry experts estimate that as many as one out of 25 previously damaged vehicles may have non-functional airbags. Conmen purposely replace deployed airbags with anything from packing peanuts to stolen units. This growing scam is threatening used-car buyers everywhere.
Read More →HAUPPAUGE, N.Y. – Odyne Corp., a developer of plug-in hybrid-electric vehicle (PHEV) technology for trucks and buses, has announced an alliance with Strategic Bus Sales, Inc.
Read More →COLUMBUS, OHIO – A new funding program for independent vehicle and equipment lessors will be detailed at the 51st Year Convention of the Ohio Vehicle Leasing Association (OVLA) May 24 at the Midwest Hotel & Convention Center in Columbus.
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