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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CHARLOTTE, NC – Bank of America has signed an agreement to purchase financial services provider, KeyCorp's, prime indirect automobile loan portfolio, consisting of $990 million and 89,000 customers, according to Datamonitor.
Read More →SMYRNA, TN — The National Association of Fleet Resale Dealers (NAFRD) will host its 21st Annual Conference at the JW Marriott Desert Springs Resort & Spa in Palm Desert, Calif., Oct. 6-9. Featured events include roundtable discussions, networking opportunities, and golf.
Read More →RICHMOND, VA – CarMax, Inc., a retailer of used cars, has announced its growth in California. With the recent opening of its locations in Irvine and Ontario, CarMax now has five stores in the Los Angeles market. CarMax also has a store in the Sacramento market, which opened in 2002.
Read More →SCOTTSDALE, AZ – Craig Jackson has told WestWorld of Scottsdale to keep its doors open for his auto auction through 2008, but he is still negotiating with Glendale to find a permanent home for the event.
Read More →FAIRFAX, VA – Carfax has introduced a comprehensive information package that integrates the benefits of Carfax Vehicle History Reports into a dealer's sales process. In addition to each Carfax Vehicle History Report, subscribing dealers opt to receive four additional reports that make up the Carfax Consumer Info Pack:
Read More →INDIANAPOLIS, IN - Trent Knox, president of Auction Broadcasting Company, resigned his position and will be relocating to his homeland of Australia. According to ABC, Knox will continue on for several months at ABC to assist in the transition.
Read More →INDIANAPOLIS – The SKI Group (S.K.I.) announced its first marketing initiative leveraging the valuable information contained in the National Auctioneers Association's recently commissioned auction-industry survey conducted by Harris Interactive and MORPACE International.
Read More →FORT WORTH, TEXAS – AmeriCredit Corp. has named Manheim's Tennessee Auto Auction in Nashville, Tenn., as its 2004 Auction of the Year as part of its nationwide Auction of Excellence program.
Read More →ELWOOD, KS – Auction General Manager Doug Doll has joined Gregg Boswell as a partner in the ownership of Kansas Auto Auction.
Read More →STOCKHOLM, SWEDEN – BCA, the UK-headquartered auction chain, will start operating in Sweden during the first quarter of 2005.
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