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 →
FAIRFIELD, CA – Copart Inc. has agreed with the Universal Salvage PLC board to purchase Universal.
Read More →AUBURN HILLS, MI – The Chrysler Group reported that its Five Star dealers set a Certified Pre-Owned Vehicle (CPOV) best month and best quarter sales record in March 2007. March sales rose 8 percent to 12,979 units (2006: 12,018) and first-quarter sales increased by 8 percent to 32,254 units (2006: 29,771).
Read More →COSTA MESA, CA – NADAguides.com, a vehicle pricing and information Web site, and Experian Automotive, a division of global information solutions company Experian Inc., have announced they have extended their partnership through December 2009. Company officials cite the successful historical relationship both organizations have shared as the main reason for continuing the partnership for an additional two years.
Read More →RICHMOND, VA – CarMax, Inc. has announced that Richard L. Sharp is retiring as chairman of the board of directors effective June 26, 2007. William R. Tiefel has been elected to serve as the new chairman of the board, effective upon Sharp's retirement.
Read More →ATLANTA – Wholesale used-vehicle prices (on a mix, mileage, and seasonally-adjusted basis) rose 0.7 percent during March. Before the seasonal adjustment, wholesale prices were up more than 3 percent during the month.
Read More →GAINESVILLE, GA – Used-vehicle values were strong across the U.S. during the first quarter of 2007.
Read More →WASHINGTON, D.C. – The National Automobile Dealers Association (NADA) has called on the Senate to bring more transparency to the used-car-buying process by requiring insurance companies to provide consumers access to data on severely damaged, stolen, and flooded vehicles.
Read More →COLUMBIA, TN – Auto2Auto.com, an online used-car dealership, has announced a partnership with Carfax to bring an added level of confidence to online used-car shoppers.
Read More →DENVER – Layne Weber has joined CitiFinancial Auto as vice president of national remarketing. In his new role, Weber will oversee the sale of used vehicles nationwide for the company.
Read More →SPOKANE, WA – ServNet has announced that its COO, Warren Byrd, will step down to return to ADESA's executive management team. Byrd will continue to assist ServNet through the transition until he joins ADESA later this month.
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