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 – AutoTrader.com announced a new dealer training called e-Advertising Essentials Workshops, free to all automotive dealers. So far this year, dealer trainers Jack Simmons and Howard Polirer have visited more than 60 cities and have trained over 3,000 dealers.
Read More →PORTLAND, OR — TitleAuctions, Inc. announced it has signed service agreements with two billion dollar credit unions for the remarketing of repossessed collateral. Both Texans Credit Union ($1.46 billion, 152,000 members) and VyStar Credit Union ($2.9 billion, 335,000 members) have signed up to remarket portions of their repossessed portfolios on CUAuctions.com.
Read More →RICHMOND, VA – The CarMax Foundation has awarded Driver's Edge a $100,000 grant for its national young driver education program. Driver's Edge is a nonprofit organization developed to help address the growing number of youth-related automobile collisions and fatalities in the United States.
Read More →ATLANTA – Manheim has announced that Mark Willey has joined the company as general manager of Greater Tampa Bay Auto Auction in Tampa, Fla. Willey succeeds Tim Janego, who is now regional vice president of the Southeast.
Read More →CARMEL, IN – The run-up in gas prices and economic uncertainty in the aftermath of Hurricane Katrina were among the factors sustaining the softness in wholesale used-vehicle sales prices already triggered by the summer's new-vehicle employee discount programs.
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An estimated 250,000 to 1.2 million vehicles were damaged or destroyed by Hurricane Katrina. There were approximately 20,000 commercial fleet vehicles in the Gulf Coast at the time of the Hurricane with as many as 2,000 units destroyed or damaged.
Read More →DES PLAINES, IL – Wheels, Inc. recently recognized top regional auto auction remarketers at the Wheels vehicle remarketing annual awards meeting that took place during the National Auto Auction Association's 57th Annual Convention in Phoenix, Ariz.
Read More →ATLANTA — Manheim's Clanton's Auto Auction in Darlington, S.C., has joined the Total Resource Auctions network of wholesale salvage auctions.
Read More →COSTA MESA, CA — www.nadaguides.com has partnered with www.leasecompare.com to offer car buyers the ability to compare lease payments online for new and late-model used cars from multiple lenders.
Read More →ATLANTA — Berta Phelps, vice president of best practices for Manheim, has been named one of the 100 Leading Women in the North American Auto Industry by Automotive News.
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