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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CARMEL, IN – ADESA has announced that Chris Walsh will lead ADESA Southern Indiana as general manager beginning May 14. The auction is located between Indianapolis and Louisville, Ky., in Edinburgh, Ind.
Read More →ATLANTA – Building on positive dealer feedback from its first round of free seminars, The Wholesale Institute (TWI) will hold nine additional workshops across the country from May through September. The next two Wholesale Institute sessions will take place in Las Vegas May 16 as part of the National Alliance of Buy Here, Pay Here Dealers (NABD) 2007 Conference and in Nashville June 4.
Read More →TORRANCE, CA – Bobit Business Media's latest installment in its Web seminar series “Managing Fleet Safety, Accident Avoidance, and Driver Training” will be held May 24, from 2-2:45 p.m. (EST), 11-11:45 a.m. (PDT). The program is sponsored by CEI, Volvo and Driver's Alert.
Read More →ATLANTA – Manheim Automotive Financial Services (MAFS) has announced the opening of eight new Manheim Dealer Service Centers throughout the U.S., bringing the total number of locations to nine. All centers will provide customers with a range of financial services and access to other Manheim products, including Manheim Simulcast and OVE.com.
Read More →YORK, PA – Pennsylvania Auto Dealers' Exchange (PADE) saw a record crowd at its 5th Annual Big Boys' Toys Sale April 25. With almost 200 vehicles registered for the event and nearly 2,600 overall, sales percentages exceeded expectations with more than 70 percent of vehicles offered being sold.
Read More →CARMEL, IN – ADESA, Inc. has announced that Warren Byrd has returned to the company as its executive vice president of corporate development.
Read More →WESTERVILLE, OHIO - Flexco Fleet Services, a provider of nationwide corporate vehicle remarketing and fleet services, has announced several enhancements to its Client Access tool, now labeled Virtual Sales Manager. Building on the successes from last year's upgraded platform, new programs include a fully-integrated Vehicle Identification Decoder, an enhanced Consignment Location Search feature, and a new Closed-Bid Auction Status application.
Read More →FRANKLIN, TN – Last month, TPC Management Co. unveiled the vehicle remarketing industry-specific Customer Relations Management (CRM) product at the National Auto Auction Association (NAAA) Zone meeting in Bonita Springs, Fla. The Internet-based system, called JumpropeCRM, contains updated information on all major institutional vehicle sellers from across the country.
Read More →CARMEL, IN – ADESA has promoted Tom Kontos and Paul Lips to executive vice presidents of the company's used-vehicle operations and will report directly to ADESA President and CEO Jim Hallett. Kontos will assume the role of EVP of customer strategies and analytics and Lips will serve as EVP of operations and finance.
Read More →MEMPHIS, TN – Memphis Auto Auction's BBQ and Cars event is scheduled for May 15-19. The city-wide “Memphis in May Barbecue Festival” transforms downtown Memphis into the BBQ Mecca featuring world championship competitions, live music, and food.
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