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 →
ATLANTA - Wholesale used vehicle prices (on a mix, mileage, and seasonally adjusted basis) rose 0.6 percent in August. The Manheim Used Vehicle Value Index was 112.1 for the month, representing a year-over-year increase of 2.7 percent.
Read More →ATLANTA – Cox Enterprises, Inc. has completed the division of assets with Landmark Communications, Inc. of their 50/50 partnership in Trader Publishing Company, a producer of specialty title classified advertising publications.
Read More →MENLO PARK, CA - AutoTradeCenter, Inc. (ATC) and Onlane Group, Inc. have completed their merger following approvals by both companies' stockholders. Originally announced as a definitive agreement to merge July 24, 2006, the transaction was finalized Aug. 14. The combined company will be named ATC-Onlane Inc., effective immediately.
Read More →DES PLAINES, IL - Wheels, Inc. recently recognized top regional auto wholesale dealers at the National Association of Fleet Resale Dealers (NAFRD) 22nd annual conference, which took place Sept. 7-10 in Las Vegas.
Read More →COLUMBUS, OHIO – Representatives of seven ServNet Auctions gathered at the Columbus Fair Auto Auction Aug. 23-25 for the 2006 GM Remarketing Meeting.
Read More →WESTLAKE VILLAGE, CA – AutoTrader.com ranks highest in used-vehicle lead services, according to the J.D. Power and Associates 2006 Dealer Satisfaction with Online Buying Services Study.
Read More →AUSTIN, TEXAS – Online Vehicle Exchange (OVE), an online wholesale vehicle marketplace, has chosen uShip, Inc. as one of three auto transport options for its customers.
Read More →SANTA BARBARA, CA – Automotive Lease Guide (ALG) has launched ALG Fleet Residuals, a residual projection model for vehicles serviced in commercial and daily rental car fleets.
Read More →DALLAS – America's Auto Auction, Inc., has announced that Ken Suprenant has joined the corporate staff of this auto auction group as senior vice president/general manager. In his capacity, Suprenant will oversee the day-to-day management of the individual auto auction operations with each auction general manager reporting directly to him.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a new Certified Pre-Owned Vehicle (CPOV) August sales record of 9,728 units, increasing 8 percent from August 2005 sales and rising 12 percent from July 2006 results. Year-to-date sales also set a record of 79,078 units, increasing 10 percent from year-to-date sales last year.
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