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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AUBURN HILLS, MI – Chrysler Group reported that sales of its Certified Pre-Owned Vehicles (CPOV) rose 9 percent to 9,188 units in February 2005, according to the Web site, www.autospecator.com.
Read More →ATLANTA – Manheim has announced dates and times for its popular “Hundred Grander” sales in 2005.
Read More →SANTA MONICA, CA - Edmunds.com, an online resource for automotive information, reported on March 3 that the average manufacturer automotive incentive in the United States was $2,369 per vehicle sold in February 2005, down $90, or 3.7 percent, from February 2004, and down $39, or 1.6 percent, from January 2005.
Read More →RICHMOND, VA – CarMax, Inc. reported record sales for the fourth quarter ended February 28.
Read More →ATLANTA – Manheim recently announced the upcoming grand opening of the new Baltimore-Washington Auto Exchange (BWAE) in Elkridge, Md.
Read More →WESTLAKE VILLAGE, CA – Market Scan Information Systems revealed a new enhancement for its inventory management software – Carfax Vehicle History Reports.
Read More →MT. LAUREL, NJ – Automotive Resources International (ARI) announced on February 22 the expansion of its already-broad array of vehicle remarketing channels with Onlane by introducing the “Direct to Dealer” online remarketing system.
Read More →DES PLAINES, IL - Wheels, Inc. spotlighted the critical role of business partnerships in a panel discussion at the International Automotive Remarketers Alliance's (IARA) spring Remarketing Roundtable on "Creating Partnerships" on February 16.
Read More →IRVINE, CA – As of Feb. 24, Kelley Blue Book has relocated its headquarters to a larger office.
Read More →WESTCHESTER, IL -- Insurance Auto Auctions Inc. (IAAI), a nationwide provider of remarketing services for salvage, repossessed, do-not-repair and slightly damaged vehicles, announced last week that is has signed a definitive agreement to be acquired by private equity-investment firm Kelso & Co. for $385 million.
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