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 →
RANCHO CUCAMONGA, CA – CU Remarketing Services will donate $25 per vehicle processed to the relief victims of Hurricane Katrina during the next two months. All donations will be made on behalf of Credit Union clients. Americans across the nation are contributing to the most catastrophic natural disaster to hit this nation.
Read More →MT. ARLINGTON, NJ - The International Automotive Remarketers Alliance (IARA) announced that the feedback assessments from the recent IARA Roundtable Meeting held July 27-29 in Atlanta and at the Manheim DRIVE Center have been compiled.
Read More →RANCHO CUCAMONGA, CA – CU Direct Corp., provider of Credit Union Direct Lending (CUDL) and DecisionApp, a point-of-sale and indirect lending platform for U.S. credit unions, Manheim, and Manheim subsidiary Remarketing Solutions, will host the first-ever National Credit Union Remarketing Conference.
Read More →RICHMOND, VA – CarMax, Inc. has closed a new revolving credit facility providing for aggregate borrowings of up to $450 million. The new facility has a four- year term and is secured by the company's vehicle inventory.
Read More →SPOKANE, WA – More than 4,000 dealers and their guests attended ADD Northwest's 10th annual Rock & Roll concert last month, featuring more than 90 minutes of live music from Huey Lewis and the News.
Read More →FT. WAYNE, IN – For every Enterprise car purchased at Indiana Auto Auction over the past two months, buyers earned an entry to the auction's Take Me Out to the Ballgame! Promo.
Read More →TROUTDALE, OR – Beginning last month, Brasher's Cascade Auto Auction switched days and times for its weekly public auto auction, moving from Saturday to Friday evenings. As a result, attendance has increased along with total units sold.
Read More →YORK, PA – Auto dealers throughout the Northeast attended PADE's third annual NASCAR sale July 20. About 1,100 customers filled the auction arena to bid on more than 2,350 vehicles, and by the end of the day, more than 1,500 vehicles were sold.
Read More →WESTCHESTER, IL – Insurance Auto Auctions (IAA) has announced record vehicle returns during the second quarter. IAA's dual bidding strategy has continued to drive more buyers to the company's auctions, resulting in increased bidding activity and higher vehicle returns for its insurance company suppliers.
Read More →ATLANTA – Manheim's Toronto Auto Auction in Milton, Ontario, has been added to the Total Resource Auctions network of wholesale salvage auctions.
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