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 →
FORT WORTH, TEXAS – AmeriCredit Corp. has named ADESA's Des Moines Auto Auction in Grimes, Iowa, as the winner of the Auction of Excellence award for the Midwest region for the third quarter of 2005. This is the auction's third consecutive Auction of Excellence honor.
Read More →ATLANTA – Manheim recently presented its first Automotive Woman of the Year Scholarship to Elisa Newball, a junior at Northwood University in Midland, Mich. The Automotive Woman of the Year Scholarship is tied to the company's Automotive Woman of the Year award, which funds the scholarship for female students at Northwood University.
Read More →CARMEL, IN — ADESA Corp. has made two appointments in the company's West Region. Jose Arroyo has been named fleet lease manager at ADESA Los Angeles effective December 5, 2005, while Jeff Kirkpatrick will replace him as fleet lease manager at ADESA San Diego.
Read More →PORTLAND, OR – TitleAuctions, Inc. has signed a technology and marketing agreement with the Missouri Credit Union Association. Under the terms of the agreement TitleAuctions will power a retail Internet auction for MCUA's vehicle remarketing Web site at www.CUWheels.com.
Read More →ATLANTA – Since educating site users and dealer customers is the best defense against fraudulent activity, AutoTrader.com has created an internal Fraud Task Force and beefed up language on its homepage and throughout the site about what activity is suspicious.
Read More →ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) increased for the fourth consecutive month in November, reported Manheim. The Manheim Used Vehicle Value Index now stands at 114.9, up 6.7 percent from a year ago and up 12.2 percent from the cyclical trough that occurred in April of 2003.
Read More →AUBURN HILLS, MI – Chrysler Group's Five Star dealers sold a new November record of 8,600 Certified Pre-Owned Vehicles (CPOV), an increase of 5 percent over November 2004 sales of 8,189 units and a 6 percent increase over October 2005 sales.
Read More →CARMEL, IN — AutoVIN Canada, ADESA's professional information services subsidiary in Canada, has been selected to provide technology to help Nissan Canada Finance manage the grounding process at Canadian Nissan and Infiniti dealerships.
Read More →ATLANTA – Manheim's Detroit Auto Auction in Carleton, Mich., has joined the Total Resource Auctions (TRA) network, becoming the 14th Manheim auction to offer advanced salvage auction services.
Read More →BUFFALO, NY – RSA Solutions Inc. has split into two separate businesses in an effort to focus on growth on both sides.
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