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 →
WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA), has purchased Permian Basin Salvage Pool in Odessa, Texas. According to IAA, the centrally located 10-acre facility will allow the company to more fully serve clients across West Texas.
Read More →CHICAGO - First Look, the pre-owned performance management and inventory optimization solution of INCISENT Technologies, and Driveitaway, the Corporation of Automotive Remarketing's online vehicle exchange platform, have joined together to bring Driveitaway's upstream off-fleet inventory to First Look dealers.
Read More →DAYTON, OHIO - The Reynolds and Reynolds Company, a provider of software and services to automotive retailers, has introduced Dealer University, a customizable, online training program designed exclusively for automotive dealerships.
Read More →DEARBORN, MI - FordDirect has launched a new service that uses Internet technology to help dealers track their phone calls, measure results from their advertising campaigns, and train their salespeople.
Read More →AUBURN HILLS, MI – Starting the year on an upswing, the Chrysler Group reported that its Five Star dealers set a new January record of 9,122 Certified Pre-Owned Vehicle (CPOV) sales in 2007, an 8-percent increase compared with January 2006 sales of 8,444 units.
Read More →GAINESVILLE, GA - National Auto Research, publisher of the Black Book family of vehicle appraisal guides, has announced that its used-vehicle values have been added to Finance Express' FEX inventory management solution.
Read More →ATLANTA - Wholesale used-vehicle prices (on a mix, mileage, and seasonally-adjusted basis) dropped lower in January, according to Manheim. Before the seasonal adjustment, average wholesale used-vehicle prices rose between December and January, but the increase was less than historical patterns would indicate; therefore, the Manheim Index declined by 0.2 percent to a 113.3 reading for the month.
Read More →CARMEL, IN – A slowing economy and weak retail demand combined late last year to cause a year-over-year decline in wholesale vehicle prices in the last two months of 2006.
Read More →MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance (IARA) has announced that Manheim has joined the IARA.
Read More →ATLANTA – OVE.com has created a new workshop designed to help dealers take advantage of online vehicle wholesaling to improve profitability. The first Wholesale Institute seminar will take place March 13-14, in Orlando, Fla., and will be taught by Greg Lubrani, a 20-year automotive veteran.
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