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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MT. VERNON, IOWA – Plaza Auto Auction, in Mt. Vernon, has retained TPC Management Co. for strategic consulting in national account - fleet/lease business development.
Read More →SCOTTSDALE, AZ – Network Remarketing and Technologies, LLC (NRT) has formed a partnership with Credit Acceptance that will enable Credit Acceptance to offer select inventory to their nationwide network of dealer-partners.
Read More →INDIANAPOLIS – Auction Broadcasting Co. (ABC) Atlanta has seen an increase in dealer sales and client base due to the opening of two additional lanes. The auction can now accommodate its growing fleet/lease clients.
Read More →VALENCIA, CA – AuctionCities.com, Inc. will launch a national campaign to promote its online automotive marketplace. The AuctionCities.com Automotive Marketplace will target both business-to-business as well as business- to-consumer focused markets.
Read More →FAIRFAX, VA – Carfax and AutoTrader.com are entering into a new partnership. The two companies are joining forces to help used-car buyers and sellers make better decisions by improving online used-car listings.
Read More →WESTERVILLE, OHIO - Flexco Fleet Services has launched its new employee sales portal, a Web-based vehicle remarketing site for their clients' employees. The employee sales site provides employees a list of vehicle inventory that is available for purchase at locations throughout the country.
Read More →PHOENIX – DriveTime, a used-car sales and finance company, made a $100,000 donation to the American Red Cross in Phoenix to help the millions of people affected by Hurricane Katrina in Louisiana, Mississippi, and Alabama.
Read More →ATLANTA – As employee-pricing programs for new vehicles spread in July, so, too, did the weakness in used-vehicle values. The Manheim Used Vehicle Value Index, which measures wholesale prices on a mix, mileage and seasonally adjusted basis, fell in July for the third consecutive month and at a faster rate than in either May or June.
Read More →SMYRNA, TN - With a nod to the past and renewed vision for the future, current and former leaders of the National Association of Fleet Resale Dealers (NAFRD) recently met in Las Vegas to set a fresh course.
Read More →ATLANTA – Manheim has established a toll-free helpline for its employees in Florida, Louisiana, and Mississippi who have been impacted by Hurricane Katrina.
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