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 →
ELIZABETH, CO – FLEETS USA has launched their new Web-based client portal. The company specializes in national vehicle remarketing services for the fleet industry. The portal allows clients complete access to their vehicle sales transactions.
Read More →ATLANTA – Manheim's Greater New Orleans Auto Auction, based in Slidell, La., recently participated in GE Remarketing's Mega-Sale during the location's 13th annual Mardi Gras week and also tied in a “Rebuilding the Gulf Coast” promotion to benefit a local family affected by Hurricane Katrina.
Read More →DELRAY BEACH, FL – In 2000, FLD, Inc., Fleet Lease Disposal, funded and staffed Veretech, LLC with its then 10-member in-house technology department. FLD Chief Executive Officer Michael Sheinson was the visionary for the basic software utilized by Veretech, LLC, which operates an online vehicle trade-in and sales lead generation application, according to the company.
Read More →ATLANTA – OVE.com, a virtual vehicle marketplace for dealer-to-dealer and commercial consignor business transactions, is offering first-time buyers a free, full post-sale inspection (PSI) during the month of April, worth up to $145. This inspection includes a frame check and mechanical check on all arbitratable items and provides the buyer with an up to 14-day guarantee on inspected items.
Read More →MT. LAUREL, N.J. – Automotive Resources International (ARI) reports $80 million in upstream remarketing sales for 2006. ARI's multi-faceted approach to increasing upstream sales in 2006 realized the sale of over 10,000 vehicles to client's drivers, employees, and other individuals during the year.
Read More →ATLANTA – Manheim has named Diane Barton to vice president of customer experience, a newly created position. In addition, Russ Stegall has joined the company to take on Barton's previous role in charge of the Ford account. He will serve as executive director of operations – Ford.
Read More →COLUMBUS, OHIO - Chuck Nix has been named Columbus Fair Auto Auction's vice president of sales and marketing. He was previously vice president of corporate development for the Grand Rapids Auto Auction.
Read More →CARMEL, IN – ADESA, Inc. has announced that at the company's special meeting of stockholders, held March 28, ADESA stockholders approved the adoption of the merger agreement with KAR Acquisition, Inc. by nearly 75 percent. The transaction is expected to close in late April.
Read More →MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance (IARA) has announced that Jay Hinchman, assistant vice president of remarketing, World Omni Financial Corp./CenterOne Financial Services, has joined the IARA board of directors.
Read More →
