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 – 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 →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 →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 →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 →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 →DELRAY BEACH, FL - FLD, Inc. launched its Sales Depreciation Calculator at the recent annual National Association of Fleet Administrators (NAFA) Fleet Management Institute (FMI) and the Law Enforcement Group (LEG) conference.
Read More →FAIRFAX, VA – Carfax celebrated its 20th anniversary last week. Nearly 30,000 dealers and tens of millions of in-market consumers now rely on the information contained in the Carfax database to help uncover hidden problems and make better decisions about the vehicles they buy and sell.
Read More →CHATSWORTH, CA – A Chatsworth couple nearly doubled their investment when they auctioned their three-year-old Toyota RAV4 electric-powered sport/utility vehicle on eBay last week.
Read More →ATLANTA - Wholesale used vehicle prices (mix, mileage, and seasonally adjusted) declined 0.6% in April.
Read More →MT. ARLINGTON, NJ - The Tri-State Auto Auction of in Cicero, NY (near Syracuse.
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