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NewsFebruary 15, 2007

Finance Express adds Black Book Used-Vehicle Values to FEX

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.

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NewsFebruary 7, 2007

Manheim's January Used-Vehicle Index Declines to 113.3

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.

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NewsFebruary 7, 2007

ADESA: Economic Slowdown Impacting Wholesale Resale Prices

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.

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NewsFebruary 7, 2007

Manheim Joins IARA

MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance (IARA) has announced that Manheim has joined the IARA.

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NewsFebruary 6, 2007

OVE.com Launches “The Wholesale Institute” Workshop Designed to Improve Dealer Profitability

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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NewsFebruary 6, 2007

Manheim Consulting Releases 2007 Used-Car Market Report

ATLANTA – Despite a decline in retail used-vehicle sales volume in 2006, activity in the wholesale market was at its strongest level in years, said Tom Webb, Manheim chief economist as he unveiled Manheim's 2007 Used-Car Market Report (UCMR).

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NewsFebruary 6, 2007

NADA & Experian to Build Used-Vehicle Special Study

MCLEAN, VA and SCHAUMBURGH, IL - The National Automobile Dealers Association (NADA) and Experian Automotive are teaming up to help bring added value to NADA's Used-Vehicle Special Study.

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NewsFebruary 6, 2007

NADA Chief Economist Forecasts Increasing Used-Vehicle Sales in 2007

MCLEAN, VA – Used-car sales by franchised new-car dealerships will likely top the 2006 total in 2007, according to an economic forecast by Paul Taylor, chief economist of the National Automobile Dealers Association (NADA).

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NewsFebruary 6, 2007

MenuVantage Partners with Carfax

CENTREVILLE, VA – MenuVantage, a Web-based menu selling system, has announced that auto dealers utilizing MenuVantage's new SalesMenu application can now seamlessly integrate into the Carfax vehicle-reporting module to pull real-time Vehicle History Reports for all vehicles.

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