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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ADESA Inc. is ready to grow now that it is spun off from ALLETE Inc., company executives told Automotive News.
Read More →GE Commercial Finance, Fleet Services has netted an additional $6.9 million in resale for out-of-service fleet vehicles since the start of its partnership with Carfax on Oct. 13, 2003. As part of the partnership, wholesale buyers purchasing used vehicles from Fleet Services have had access to extensive documentation on these vehicles’ past service and maintenance through Carfax Vehicle History Rep
Read More →Manheim’s Detroit Auto Auction hosted the largest-ever Chrysler auction Oct 14 to celebrate 40 years of Manheim and DaimlerChrysler remarketing.
Read More →Buyers, sellers, and consignor representatives turned out in force to celebrate the August opening of Brasher’s Northwest Auto Auction’s all new facility in Eugene. The two-day event began with an open house during which owner John Brasher and general manager Lisa Larkin welcomed more than 450 customers for a tour of the auction’s new home.
Read More →Jennifer Maggart has been named national account manager for both the Kansas and Missouri Auto Auctions, reports owner Gregg Boswell. She will direct customer service activities for national consignors at both auction facilities, as well as develop new business.
Read More →Two of the nation’s auction market reports – Manheim’s Used Vehicle Value Index and ADESA’s Analytical Services – each provide a monthly analysis of the used-vehicle market conditions and an outlook commentary.
Read More →Berta Phelps, vice president of best practices at Manheim, has been inducted into the National Auto Auction Association (NAAA) Hall of Fame.
Read More →Manheim's President and CEO Dean Eisner announced that the company will host a conference featuring automotive industry analyst Maryann Keller at the Manheim Drive Center here Nov. 18. Other event highlights include:
Read More →Atlanta-based DataScan Technologies, LLC has acquired Vehicle Inspection Services, Inc. (VIS), a full-service vehicle inspection company. DataScan, a provider of wholesale floorplan finance accounting and risk management systems and services, performs floorplan audits for banks, captives and other financial institutions throughout the U.S. The acquisition will allow DataScan to offer a wider ran
Read More →Certified pre-owned (CPO) vehicles have become an increasingly significant part of automakers' sales and marketing programs. According to a new study conducted by New Jersey-based research and consulting firm, TechnoMetrica Market Intelligence, CPO sales are expected to reach approximately 1.6 million units by year's end, up significantly from the 516,000 units sold in 2000.
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