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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TOKYO, JAPAN – Yahoo Japan Corp., the operator of the large Internet auction site, has held discussions with financial institutions over a plan to freeze bank accounts of fraudulent auction sellers, according to the Yomiuri Shimbun newspaper.
Read More →IRVINE, CA – Charlie Vogelheim, executive editor of the Kelley Blue Book and well-known auto industry leader will be departing the company on January 21. Vogelheim has accepted a key position at J.D. Power and Associates.
Read More →INDIANAPOLIS — ADESA, Inc. has reported it is developing a custom-built business solution for Credit Acceptance Corp. that is expected to be deployed on the Web in late January. Both companies anticipate that this Web-based tool will provide a method of targeting specific used-vehicle inventory for Credit Acceptance dealer-partners.
Read More →MESA, AZ — AutoTradeCenter, Inc. has announced the launch of its “Preferred” Open Auction Program for members of the National Vehicle Leasing Association (NVLA).
Read More →VANCOUVER, B.C. — Ritchie Bros. Auctioneers Inc. has completed its 2004 auction calendar, and has achieved gross auction sales for the year of approximately $1.79 billion, an increase of 14 percent compared to 2003.
Read More →SACRAMENTO, CA – The Car Buyers' Bill of Rights, vetoed by Gov. Arnold Schwarzenegger in September, will be back next year – both as a ballot initiative and as an Assembly bill, reported the Sacramento Bee newspaper.
Read More →NEW YORK – The No. 1 search item on eBay was "RV," short for recreational vehicle, a published report said recently.
Read More →LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR 2005) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.
Read More →MT. ARLINGTON, NJ — Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled for Feb. 16 at the Mandalay Bay Resort and Casino in Las Vegas.
Read More →WASHINGTON, D.C. – More than 75,000 airbags are stolen every year, costing insurers and vehicle owners more than $50 million annually, said Frank Scafidi, spokesman for the National Insurance Crime Bureau.
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