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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AUBURN HILLS, MI – Led by eight consecutive months of year-over-year improvement, Chrysler Group reported that its Five Star dealers sold a new June record of 10,146 Certified Pre-Owned Vehicle (CPOV) units, rising 6-percent above June 2005 sales of 9,603 units and establishing new quarterly and year-to-date sales records.
Read More →MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.
Read More →ATLANTA – Manheim's Total Resource Auctions has added three new TRA locations at Baltimore-Washington Auto Exchange (BWAE), Newburgh Auto Auction in Newburgh, N.Y., and Skyline Auto Auction in Fairfield, N.J.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has purchased the assets of Gardner's Insurance Auction in Missoula, Mont. The location is IAA's first in Montana and will service total-loss claims throughout the state of Montana and will support IAA's current Idaho coverage.
Read More →ATLANTA – Through Agrios, Inc.'s Automated Vehicle Imaging and Data Collection Unit, the company can automatically capture high-quality digital images of vehicles from almost any location.
Read More →BOCA RATON, FL – Mitsubishi Motors North America has signed a two-year agreement with Intelliprice as the exclusive trade-in appraisal service on its corporate Web site.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has acquired Auto Disposal Systems Inc. (ADS). The deal includes seven locations in Ashland, Ky.; Buckhannon, W.V.; and in Cincinnati, Celeveland, Columbus, Dayton, and Lima, Ohio. The acquisition was funded through the amendment and expansion of the company's credit facility.
Read More →TORRANCE, CA – According to industry sources, Auction Broadcasting Co. will sell its ABC Indianapolis auto auction to Manheim. The six-lane auction and reconditioning facility sits on 86 acres.
Read More →MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.
Read More →TRENTON, NJ - Calling it a way to get a small, quick bit of cash and save $1 million a year, Gov. Jon Corzine announced June 21 that the state is ready to begin auctioning off 809 state cars.
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