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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While flooding can happen almost anywhere at almost any time, because of the storms that hit the Eastern U.S. in the fall of 2005, there is a chance that unscrupulous parties will attempt to sell cars that have been under water.
Read More →TORRANCE, CA – Bobit Business Media and Vehicle Remarketing Magazine will present a first-ever annual award for Consignor of the Year at the Conference of Automotive Remarketing (CAR 2006) on March 9 at Caesars Palace in Las Vegas.
Read More →CARMEL, IN – ADESA Corp. has named David Carp its new assistant general manager at ADESA Atlanta effective immediately.
Read More →ATLANTA – Manheim recently named David Young, a 30-year veteran of the automotive industry, to the newly created position of group vice president of fixed operations businesses, overseeing all of Manheim's reconditioning and vehicle repair services, in addition to its conversion service and the company's new Total Resource Auctions (TRA) division.
Read More →FREDERICK, MD – During the past four months, a National Auto Auction Association (NAAA) team consisting of Tom Caruso, NAAA president; Gregg Kobel, NAAA president rlect; John Rea, NAAA vice president; Jim DesRochers, chairman of the Board; and Frank Hackett, NAAA executive director discerned over applications of 93 families in need of assistance after the 2005 Gulf Coast hurricane devastations. To date, $170,000 has been distributed to those families.
Read More →WESTBURY, N.Y. – Repossessions and liquidations of tractor-trailer trucks nationwide increased again in fourth quarter, according to Nassau Asset Management. Nassau's NasTrac Quarterly Index (NQI) reveals trends in equipment repossessions and orderly liquidations based upon the company's own internal activity in a given quarter compared to the same quarter the previous year.
Read More →INDIANAPOLIS – ServNet auctions have been name top performers in three of five regions for Donlen in 2005. For the third consecutive year, Pennsylvania Auto Dealers' Exchange (PADE) was the top-ranked vendor in the Northeast, and Indiana Auto Auction placed first in the Central Region for the second consecutive year.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has introduced several enhancements to its I-bid LIVE product – the company's Internet-based tool that allows buyers to join live auctions through any Internet-enabled computer and bid along with both live local bidders and other Internet bidders.
Read More →ALPHARETTA, GA – DataScan Field Services (DFS), which is comprised of Vehicle Inspection Services (VIS) and Nationwide Audit Services (NAS) divisions of DataScan Technologies, has expanded its existing vehicle inspection and floorplan audit services into the Canadian market. Current client demand and increased business opportunities prompted the expansion.
Read More →CHARLESTON, S.C. – Instead of the usual six-week build to its anniversary sale in March, this year, the Charleston Auto Auction will allow its dealers to increase their chances of winning $1 million for 10 weeks prior to its fifth anniversary celebration.
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