Vehicle Remarketing Logo

Operations

NewsMay 18, 2006

ADESA, Inc. Conducts Annual Meeting of Stockholders

CARMEL, IN – ADESA, Inc. recently conducted its annual meeting of stockholders. Stockholders re-elected three directors and amended its certificate of incorporation to provide for the phase-in of the annual election of directors.

Read More →
NewsMay 18, 2006

Brasher's Salt Lake Named Top Performer in Northwest by Wells Fargo Auto Finance

Brasher's Salt Lake Auto Auction was recently recognized by Wells Fargo Auto Finance as one of its top performers in the country at Wells Fargo's first annual auction awards reception in Philadelphia April 19.

Read More →
NewsMay 18, 2006

ServNet Standardizes Vehicle Descriptions Using Black Book VIN and Universal Vehicle Code System

INDIANAPOLIS – ServNet has chosen Black Book as its provider of vehicle identification information. All vehicles that are sent to a participating ServNet auction will be checked in and identified by a standardized description using Black Book's VIN interpretation, which includes the added component of Black Book's Universal Vehicle Code (UVC) system to identify the vehicle down to the trim level.

Read More →
Ad Loading...
NewsMay 18, 2006

Carfax Brings Vehicle History Reports to All AutoNation Locations

FAIRFAX, VA – Carfax, a provider of vehicle history information, has entered into an expanded partnership with AutoNation, Inc. The two companies will be working together to better evaluate trade-ins and enhance the value of units resold at AutoNation locations across the country.

Read More →
NewsMay 18, 2006

General Motors and NuTech Solutions Extend Relationship

DETROIT – General Motors and NuTech Solutions, specializing in the commercialization of advanced software for prediction and optimization, have renewed the license for NuTech Solutions' ClearVu Remarketing software, supporting used-vehicle distribution, through 2008.

Read More →
NewsMay 18, 2006

Manheim Launches China Operations

ATLANTA – Manheim has reached an agreement with a Chinese counterpart to extend its auto auction operations into Shanghai, China. Shanghai Manheim Guo Pai Used Vehicle Auction Company Ltd. (Manheim Guo Pai) is a joint venture between Manheim China Holdings, a wholly owned subsidiary of Manheim, and Shanghai International Commodity Auction Company (Shanghai Guo Pai).

Read More →
Ad Loading...
NewsMay 18, 2006

Chrysler Group Posts Record Sales for Certified Pre-Owned Vehicle (CPOV) Sales in April 2006

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted an all-time April sales record of 10,604 Certified Pre-owned Vehicle (CPOV) units, a 21 percent increase from April 2005 sales and the sixth consecutive month of year-over-year improvement.

Read More →
NewsMay 18, 2006

ADESA: High Gasoline Prices Affecting Used Vehicle Retail Sales

CARMEL, IN – Wholesale used-vehicle prices continued their long-term firming trend in April, rising 4.0 percent on a year-over-year basis; however signs of softness in the spring used-vehicle market were exhibited in the 1.8-percent decline in wholesale prices versus March, according to Tom Kontos, ADESA chief economist.

Read More →
NewsMay 18, 2006

J.D. Power and Associates: Vehicle History Reports are Becoming Increasingly Important to Used-Vehicle Buyers

WESTLAKE VILLAGE, CA – As last year's hurricanes cause concern about flood-damaged vehicles potentially appearing on the market, vehicle history reports are becoming an increasingly important tool among used-vehicle buyers, according to the J.D. Power and Associates 2006 Used Vehicle Sales and Certification (UVSC) Study.

Read More →
Ad Loading...
NewsMay 18, 2006

ADESA, Inc. Announces Organizational Realignment, Management Changes

CARMEL, IN - ADESA, Inc. announced an organizational realignment and management changes intended to better position the company to serve its diverse customer bases, accommodate anticipated growth and realize operational efficiencies across all business lines. The changes are effective June 1, 2006.

Read More →