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 →
CARMEL, IN – Lack of retail demand remains the key driver to current wholesale used-vehicle market conditions, according to Tom Kontos, chief economist, ADESA Inc. Retail used-vehicle sales volumes through June are the lowest they have been since 2003 and were down 7.4-percent year-over-year in June alone.
Read More →MT. LAUREL, NJ - Automotive Resources International (ARI) introduces MV3, a new system for accurately determining vehicle-remarketing values. Named the MV3 Vehicle Remarketing Pricing System, it gives ARI clients immediate access to up-to-the-minute data on market value pricing through ARI's ACCESS Web-based fleet management system, which maintains information on vehicles leased or managed by ARI and its partners worldwide.
Read More →MT. ARLINGTON, NJ – MT. ARLINGTON, NJ - The International Automotive Remarketers Alliance (IARA) will hold its 6th Annual Summer Roundtable series conference in San Diego July 26-28. The conference will begin at the San Diego OMNI Hotel July 26 at 5 PM with a welcome reception.
Read More →LOS ANGELES – PriceGrabber.com, an Experian company, has enhanced its Autos channel that allows dealerships to showcase pre-owned inventory on PriceGrabber.com.
Read More →WESTCHESTER, IL – Insurance Auto Auctions (IAA) has signed a definitive agreement to purchase the assets of Lenders & Insurers', including its three locations throughout the state of Iowa. These locations, in Des Moines, Cedar Falls, and Sioux City, will soon convert to IAA's computer operating platform and will be implemented with the I-bid LIVE Internet bidding product.
Read More →PLYMOUTH MEETING, PA – Copart, Inc., a reseller of total-loss vehicles, recently selected expensewatch.com to automate internal expense controls throughout its 120 facilities in the United States and Canada.
Read More →DETROIT – June sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Used Cars from Saturn, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 43,352 units, equivalent to results last June.
Read More →FRANKLIN, TN – The Internet Remarketing Business Roundtable (IRBR) has engaged TPC Management Company to administer the operations of the organization. The IRBR was founded in August 2005, by nine charter members seeking to establish standards, education, and best practices in the area of wholesale vehicle remarketing through the Internet selling channel.
Read More →GAINESVILLE, GA – National Auto Research, publisher of the Black Book family of vehicle appraisal guides, has announced that ADESA Auctions has chosen Black Book as its provider of vehicle identification information.
Read More →ATLANTA – Effective Aug. 1, Manheim will make several organization changes to maximize the company's ability to both build on the strength of its operating locations and on its service offerings.
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