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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ATLANTA – AutoTrader.com has announced it is the new title sponsor for the "DRIVE" series (formerly "Road Trip to the Auto Shows"), produced for ESPN and now in its fourth season. The shows will feature highlights of the 2006 L.A., Detroit, Chicago, and New York auto shows. The television show began airing on ESPN Feb. 18 at 6 p.m. ET.
Read More →CARMEL, IN — ADESA Corp., a subsidiary of ADESA, Inc. has named Dale McIlroy its new general manager at ADESA San Diego effective immediately. McIlroy replaces Kurt Madvig, who recently assumed a new role with ADESA, Inc. as director of operational improvement.
Read More →ANDERSON, S.C. – Remarketing Services of America (RSA) recently recognized Carolina Auto Auction as its Top Performing Auction for 2005.
Read More →DETROIT — The Automotive Leasing Guide released its residual value numbers in January 2006 showing the Chrysler Town & Country's high average residual value, with the Touring model holding 47 percent of its residual value.
Read More →ATLANTA – AutoTrader.com has launched Advertising Essentials, a free interactive educational site for automotive dealers available online at http://advertisingessentials.autotrader.com/.
Read More →MT. ARLINGTON, NJ – William Vermilyea, CEO and principal of Strategic Solutions Exchange Group (SSEG) and Linda Hansen, principal, SSEG, will present an Introduction to Process Management at the International Automotive Remarketers Alliance (IARA) Roundtable Conference at Caesars Palace in Las Vegas March 8 at 4:15 p.m.
Read More →LAKE SUCCESS, NY – DealerTrack, a provider of on-demand software and data solutions to automotive dealers, and Dealer.com Websystems, a provider of online e-business marketing solutions for the automotive Industry, announced a partnership during the recent annual National Automotive Dealers Association (NADA) convention in Orlando, Fla.
Read More →ROBSTOWN, TEXAS – Since Hurricane Rita slammed ashore last fall, the staff at Sparkling City Auto Auction have watched U.S. gas prices move up and down almost on a daily basis. Yet, General Manager Jonathan Lightfoot noted that in spite of the volatile energy market, Sparkling City's customers have not experienced an increase in their transportation costs.
Read More →CARMEL, IN – ADESA, Inc., reported its fourth-quarter and annual financial results for the period ended December 31, 2005. For the fourth quarter of 2005, the company reported that net income rose 5.5 percent from the fourth quarter of 2004 to $23.1 million, or $0.26 per share, on revenues of $238.6 million. For the fourth quarter of 2004, the company reported net income of $21.9 million, or $0.24 per share, on revenues of $223.4 million.
Read More →IRVINE, CA – Kelley Blue Book (kbb.com), announced the availability of LeadDriver, a new Internet-based dealer solution enabling a dealer to capture leads when offering the Kelley Blue Book Trade-In values on the dealer's Web site.
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