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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COLUMBUS, OHIO – Alexis Jacobs, owner and chief executive officer of the Columbus Fair Auto Auction announced the appointment of James P. Hallett as president of the auction. Hallett will be responsible for overseeing the day-to-day sales and operations.
Read More →ATLANTA – AutoTrader.com has appointed Dave Amundsen to vice president of finance. In his new role, Amundsen will oversee the groups responsible for financial planning and analysis and will continue to oversee the groups he was responsible for in his previous position at AutoTrader.com as controller – billing, collections, accounting and financial reporting.
Read More →FAIRFAX, VA and MISSISSAUGA, ONTARIO – Carfax Vehicle History Reports and Akinvest, an international automobile broker based in Mississauga, have joined the International Automotive Remarketers Alliance (IARA).
Read More →ATLANTA – CU Direct Corp. and Manheim will organize the first-ever Credit Union Remarketing Conference this fall, it was announced recently at CU Direct's seventh annual Auto Lending Symposium in Las Vegas.
Read More →BUFFALO, NY – Fiserv Lending Solutions-RSA, Fiserv Inc.'s lending technology unit in Amherst, N.Y., is expanding its work force by almost 10 percent with the addition of 50 jobs, according to Business First newspaper of Buffalo.
Read More →GAINESVILLE, GA – National Auto Research, publisher of Black Book vehicle appraisal guides, has announced that Honda Financial Services has selected Black Book as the provider of used-vehicle values for its recently launched All Makes/All Models Used Financing Program.
Read More →EUGENE, OR – Work is underway on a new 12,000-square-foot reconditioning center at Brasher's Northwest Auto Auction in Eugene. The new recon shop is the newest addition to the auction's all-new facility, which opened last summer.
Read More →CHICAGO – Emercent Solutions, LLC, a provider of strategy and technology services to the automotive finance industry, will be kicking off an industry-wide performance study with industry leaders at the International Automotive Remarketer's Alliance's (IARA) roundtable conference in Atlanta July 27-29.
Read More →LAKE SUCCESS, NY – Mitsubishi Motors Credit of America (MMCA) has signed an agreement to join DealerTrack's independent online auto finance network. The agreement enables Mitsubishi dealers to use DealerTrack exclusively when securing financing for their customers, whether through MMCA or any of the more than 140 additional financing sources available through DealerTrack's Web-based network.
Read More →CARMEL, IN – ADESA, Inc. announced it has promoted Jason Ferreri to vice president of sales for ADESA Corp. Ferreri is currently executive director, national accounts for the remarketing company. His first day on the job in his new role was July 18.
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