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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MOUNT LAUREL, NJ – Automotive Resources International (ARI) and Carfax have expanded their partnership to include service and maintenance records in Carfax Vehicle History Reports. Anyone researching the history of an ARI-managed fleet vehicle will have access to service information through Carfax.
Read More →CARMEL, IN – ADESA, Inc. has named Mellon Investor Services LLC, as its new transfer agent, effective June 26, 2006. In conjunction with this appointment, ADESA, Inc. will now offer a dividend reinvestment and direct stock purchase plan, which will be administered by Mellon.
Read More →ATLANTA – Manheim's Total Resource Auctions (TRA) has formed TRA Logistics, a new department that will provide insurance companies and commercial consignors a one-call solution for their nationwide remarketing needs.
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 →MENLO PARK, CA – AutoTradeCenter (ATC), an online auction company for buying and selling wholesale used vehicles, and Experian Automotive, have partnered to give dealers access to Experian's AutoCheck vehicle history reports when buying dealer-consigned, used cars through ATC's new inter-dealer electronic auction lane (iDEAL).
Read More →DELRAY BEACH, FL - Laurie Conn has been named chief operating officer for FLD, Inc., a national vehicle remarketing company.
Read More →ATLANTA – AutoTrader.com noted substantial increases in searches for the vehicle models featured in the third installment of the movie series "The Fast and The Furious" with the opening of "The Fast and the Furious: Tokyo Drift" over the June 16-18 weekend. Starring models, including the Mazda RX-7, Mazda RX-8, and Nissan 350Z, are now in high demand on AutoTrader.com.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units. Year-to-date sales also increased 14 percent to 50,539 units, establishing the company's best year-to-date sales ever.
Read More →CARMEL, IN – ADESA, Inc. has appointed Timothy C. Clayton as interim chief financial officer.
Read More →DES PLAINES, IL - Wheels, Inc. and Onlane, Inc. recently hosted an educational event highlighting strategies for successful vehicle remarketing. The event, which took place on Jun. 13 at Onlane's Toronto headquarters, drew an audience of fleet executives from Wheels' clients throughout Canada.
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