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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The Texas Department of Transportation reports that more than 100,000 vehicles are stolen every year in Texas, with more than 9,000 thefts occurring in the month of July alone. As a result, state authorities have designated July as Auto Theft Prevention Month. Carfax is offering consumers throughout Texas a discounted rate on its reports during this month in recognition of the program.
Read More →The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.
Read More →ADESA, Inc. announced the redemption of all of its $90 million 7.7 percent Senior Notes, Series A, due 2006 and all of its $35 million 8.1 percent senior notes, Series B, due 2010.
Read More →Auction leaders from around the country completed Six Sigma Greenbelt training held at Triad Financial’s corporate offices in Huntington Beach.
Read More →New-vehicle incentives decreased in June compared with a year ago, according to actual retail transaction data from the Power Information Network (PIN), LLC, an affiliate of J.D. Power and Associates.
Read More →ADESA Inc. will announce its financial results for the quarter ended June 30, 2004 immediately after the financial markets close on Wednesday, July 21, 2004.
Read More →Copart, Inc., has entered into contracts with 30 wholesale vehicle auctions, including six affiliated companies, to provide its proprietary VB2 auction technology for use in their auction process.
Read More →Edmunds.com, an Internet resource for consumer automotive information, has released its top best-value choices in the used vehicle market.
Read More →ALLETE, Inc., majority owner of vehicle remarketer ADESA, Inc., has completed the sale of its remaining 72 water and wastewater systems to Aqua America, Inc. and Seminole County, Fla. for a total of $18 million.
Read More →Manheim has promoted Sal Cuomo to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md. He previously served as institutional manager of Newburgh Auto Auction in Newburgh, N.Y.
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