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 →
MT. ARLINGTON, N.J. – Carl Scandura, national remarketing manager, Toyota/Lexus Financial Services (TFS/LFS), has accepted the position of vice president for the International Automotive Remarketers Alliance (IARA).
Read More →CENTREVILLE, VA - Internet retailer Overstock.com has integrated Carfax Vehicle History Reports into its new Cars Program (http://cars.overstock.com/) and are available free to anyone shopping for a used car on the site. Overstock.com contains more than 450,000 new and used cars listed on its Web site.
Read More →COLUMBUS, OHIO – A nationally known industry economist and author frequently quoted by the media will be a featured speaker May 24, 2007 at 1 p.m. at the 51st Year Ohio Vehicle Leasing Association (OVLA) Convention at the Midwest Hotel and Conference Center in Columbus.
Read More →FORT WORTH, TEXAS – AmeriCredit Corp. has named Rawls Auto Auction in Leesville, S.C., as its 2006 Auction of the Year as part of the company's nationwide Auction of Excellence program.
Read More →BOCA RATON, FL – Vemark has launched a major update to its SalvageNow Web site. The site www.SalvageNow.com markets salvage vehicles to licensed buyers worldwide. This online auction solution allows businesses to trade online with other businesses seeking vehicles, removes geographical boundaries, and offers a full-service solution.
Read More →ATLANTA – With Auto Auction Services Corp.'s (AASC) latest 4.0 version of LiveCRwriter, auctions receive an inventory management tool that collects the usage patterns of condition report writers at all participating auctions. This information is provided back to the auctions with a new, improved, tabbed interface.
Read More →RICHMOND, VA – CarMax, Inc. has added a customer ratings and reviews feature on carmax.com, designed to help consumers make more informed car-buying decisions. By logging onto http://www.carmax.com/reviews, consumers can read and write reviews on specific makes and models included in CarMax's nationwide inventory.
Read More →CARMEL, IN and WESTCHESTER, IL – ADESA, Inc. has announced the closing of the acquisition of ADESA by a group of private equity funds consisting of Kelso & Company, GS Capital Partners, part of the principal investment area of Goldman Sachs, ValueAct Capital, and Parthenon Capital. As previously announced, ADESA stockholders will receive $27.85 per share in cash.
Read More →READING, PA – Penske Truck Leasing has introduced an enhanced commercial vehicle resale Web site, http://www.penskeusedtrucks.com/, with improved functionalities, including easier navigation and more information.
Read More →RICHMOND, VA – CarMax, Inc. has announced that Joe Kunkel, senior vice president, marketing and strategy, will present at the Lehman Brothers 10th Annual Retail Conference in New York.
Read More →
