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 →
MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) announced that the Alliance has endorsed the adoption of the NAAA Vehicle Grading Scale. The scale ranks used vehicle conditions from a scale of 0 to 5; with five meaning the vehicle is in excellent condition and zero meaning salvage, inoperable.
Read More →HAMMOND, LA – Louisiana's 1st Choice Auto Auction, in Hammond, is fully operational in the aftermath of Hurricane Katrina and the ensuing situation in the Gulf Coast. The auction is located 45 minutes from New Orleans, and was on the Western edge of the storm.
Read More →VALENCIA, CA – AuctionCities.com, Inc., has completed portfolio of new services designed to build consumer confidence and streamline the process of buying automobiles through the AuctionCities.com Automotive Marketplace.
Read More →AUBURN HILLS – Chrysler Group reported that its Five Star dealers sold a new August record of 9,024 units, a 19 percent increase over August 2004 sales of 7,589 units. Record year-to-date sales amounted to 71,996 units for 2005, an increase of 9 percent over year-to-date sales last year.
Read More →ATLANTA – AutoTrader.com and NADAguides.com, a vehicle information Web site, have formed strategic partnership. AutoTrader.com will exclusively power vehicle listings on both the New Car Center and Used Car Center at NADAguides.com, and will provide the ability for visitors to list their cars for sale using AutoTrader.com's Sell Your Car feature.
Read More →ALPHARETTA, GA - LeasePlan utilizes online auction services – such as Manheim Simulcast and ADESA LiveBlock – to maximize the number bids and resale price for each vehicle sold.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA) has reported that its facilities in the Gulf states escaped serious damage and avoided the flood waters that destroyed much of the surrounding area. Current inventories also avoided significant damage in the wake of the devastation caused by Hurricane Katrina.
Read More →PORTLAND, OR — Credit union clients are realizing prices up to 107 percent of retail value when using CUAuctions.com for remarketing repossessions, reported TitleAuctions, Inc.
Read More →ATLANTA – Manheim's Statesville Auto Auction in Statesville, N.C., has been added to the Total Resource Auctions network of wholesale salvage auctions. The auction will conduct its Total Resource Auctions salvage sales every Tuesday in addition to its regular sale.
Read More →ALPHARETTA, GA - LeasePlan has released updates within reDrive, a completely automated online employee resale program powered by Driveitaway. Updates include comparative pricing and cross-company sales enhancements.
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