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 →
TAMPA, FL – Greater Rockford Auto Auction (GRAA) of Rockford, Ill., has selected Auction Management Solution's patented OnLine Ringman application to provide Internet bidding for its auction.
Read More →SCOTTSDALE, AZ – Network Remarketing & Technologies, LLC (NRT) has expanded its remarketing team in Scottsdale with the recruitment of Colette A. Marcilliat as executive vice president of marketing and sales, Tina M. Curti as operations manager and Lucy Seegan as marketing communications manager.
Read More →SANTA MONICA, CA – Edmunds.com reported that the average manufacturer automotive incentive in the United States was $2,981 per vehicle sold in July 2005, up $96, or 3.3 percent, from July 2004, and up $136 or 4.8 percent from June 2005.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers sold a new July record of 8,868 certified pre-owned vehicles (CPOV), an increase of 5 percent over July 2004 sales of 8,411 units. Year-to-date sales accounted for 62,972 units, up 8 percent from year-to-date sales last year.
Read More →ATLANTA – AutoTrader.com and Dealix Corp. have expanded their existing partnership in order to meet the growing demand of both online auto shoppers, who use AutoTrader.com to shop for new and used vehicles, and auto dealers, who use Dealix's Internet lead services to connect with online vehicle buyers.
Read More →MCLEAN, VA – The American Truck Dealers (ATD), a division of the National Automobile Dealers Association (NADA), has endorsed the Web-based truck auctions of Auctio, LLC.
Read More →CARMEL, IN and ATLANTA – Although wholesale used-vehicle prices were already moderating in May, the employee discount caused prices to further soften in June and July.
Read More →CARMEL, IN – ADESA, Inc. has sold ComSearch, Inc., a Rhode Island-based division employing about 100 people. ComSearch provides professional claims outsourcing services, including automotive parts-locating and desk-auditing services, to the property and casualty insurance industry.
Read More →AMHERST, NY – Onlane Inc. has announced that Remarketing Services of America Inc. (RSA), a business unit of the Lending Solutions Group of Fiserv, Inc., is joining with the firm to expand its upstream and Internet remarketing programs.
Read More →ORLANDO, FL – Joe Metro, national accounts dealer sales manager of Manheim's Florida Auto Auction in Orlando, has joined the International Automotive Remarketers Alliance (IARA).
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