News
FLD Promotes Three Executives in Leadership Changes
FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
Read More →FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
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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.
Read More →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).
Read More →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.
Read More →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).
Read More →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.
Read More →DETROIT – January 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 43,262 units, up nearly 10 percent from last January.
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