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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CARMEL, IN – ADESA, Inc. reported its financial results for the quarter ended Sept. 30, 2006. For the third quarter of 2006, the company reported net income of $34.1 million, or $0.38 per diluted share, both up 8 percent from the third quarter of 2005.
Read More →DALLAS – lanelogic, an electronic used-vehicle trading network for U.S. automotive dealers, has retained TPC Management Co. to conduct a nationwide search for a vice president of remarketing. This will be a new position on the lanelogic executive management team.
Read More →DES PLAINES, IL - Wheels, Inc. has announced that sales exceeding $50 million have been achieved via WheelsDirect, its online driver and employee sale program. More than 6,000 vehicles have been sold to date through WheelsDirect.
Read More →PHILADELPHIA – Within days of launching a new platform, redesigned and customized to accommodate the specific needs of rental car clients, Driveitaway reports that its new focus and transition may have caused some confusion in the marketplace.
Read More →LAS VEGAS - The N.A.D.A. Official Used Car Guide Company, data supplier of used-vehicle values, announced at the Auto Finance Summit in Las Vegas that it has formed a strategic partnership with RVI Analytical Services (RVI) of Stamford, Conn.
Read More →CARMEL, IN – ADESA, Inc.'s Board of Directors have declared a 2006 fourth-quarter dividend of $0.075 per common share payable Dec. 15, 2006, to shareholders of record as of Nov. 14, 2006.
Read More →BOCA RATON, FL – Black Book Online, the Internet-based vehicle appraisal service featured on more than 2,000 auto dealership Web sites, is now available in an upgraded version. The new Activator service was launched in early October with 14 pilot dealers and offers six additional features that create more leads and help dealers reach prospects.
Read More →GREENVILLE, S.C. – Greenville Spartanburg Auto Auction (GSP) has been sold to America`s Auto Auction.
Read More →LONG BEACH, CA - Jim Yates, president and CEO of Alliance Inspection Management (AIM) and former director of remarketing for Nissan North America, Inc. from 1998-2005, has joined the International Automotive Remarketers Alliance (IARA). Based in Long Beach and with offices in Sedona, Ariz., and Detroit, AIM is a national, independent third-party evaluator of new and used (off-lease/fleet) vehicles.
Read More →CHARLESTON, S.C. - The National Automobile Dealers Association (N.A.D.A.) has elected Dale Willey as its 2007 chairman. Willey is president of Dale Willey Automotive, in Lawrence, Kan.
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