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.
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TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, at Caesars Palace in Las Vegas. Keynote speakers will include Jim Sanfilippo, executive vice president, AMCI Marketing, and Chip Perry, president and CEO, AutoTrader.com.
Read More →GREENSBORO, N.C. – Used-vehicle sales data is now available on the NAFA Foundation, Inc. Web site at www.nafafoundation.org. Monthly sales information for the most popular fleet vehicles is provided by AuctionNet, Black Book, and Manheim.
Read More →TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, at Caesars Palace in Las Vegas. Keynote speakers will include Jim Sanfilippo, executive vice president, AMCI Marketing, and Chip Perry, president and CEO, AutoTrader.com.
Read More →CARMEL, IN - ADESA, Inc. has announced that the Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the company's pending acquisition by a group of private equity funds.
Read More →ATLANTA - AutoTrader.com has expanded its dealer training program and added two new trainers. Howard Polirer has been named director of industry relations; Glenn Pereira and Bill Ware recently joined the company as dealer trainers.
Read More →VANCOUVER, B.C. - CityXpress Corp., a developer of revenue-generating marketplaces for newspapers, has launched XpressCars, an online auto auction. XpressCars enables newspapers to offer local dealers an online auction designed to reach new consumers, sell vehicles, and generate sales leads, while growing the newspaper's dealer advertising lineage.
Read More →ATLANTA – Manheim officially celebrated the grand opening of its Manheim China Merchants Group operating location in Shenzhen, China, Jan. 18. The event was marked by a VIP reception and dinner and a wholesale vehicle auction.
Read More →ARLINGTON, TEXAS - The National Independent Automobile Dealers Association (NIADA) will hold its 2007 61st Annual Convention & Expo June 12-16, at the Opryland Hotel in Nashville, Tenn.
Read More →RICHMOND, VA - CarMax, Inc. has sold its 2-millionth car. Today, CarMax has 74 used-car superstores in 22 states. CarMax sold its 1-millionth car in the summer of 2003.
Read More →PHOENIX – A 1903 Model A, considered to be the oldest surviving Ford, sold for $630,000 last week at a collector car auction in Phoenix.
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