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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Manheim announced today that Alex Kozlowski has been promoted to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md., and Chris O’Donnell has been promoted to assistant general manager of Butler Auto Auction in Cranberry Township, Pa.
Read More →The FBI recently indicted 17 men in the Northeast for allegedly misrepresenting mileage on approximately 10,000 used-vehicle odometers.
Read More →Nassau Asset Management’s NasTrac Quarterly Index shows a 27-percent decrease in repossessions of construction equipment and a 61-percent drop in truck and trailer repossessions the first quarter of 2004 compared with the same quarter last year.
Read More →Nationwide Auction Systems has been awarded a five-year contract to dispose of drug-seized vehicles for the United States Marshals Service, Central District of California.
Read More →Chrysler Group reported Certified Pre-Owned Vehicle (CPOV) sales of 25,121 units for first quarter 2004, a new sales record and an increase of 18 percent compared to first quarter 2003 when 21,249 units were sold.
Read More →Pennsylvania Auto Dealers Exchange (PADE) has received the national Top Performing Auction 2003 award from Remarketing Services of America, Inc. (RSA), a unit of Fiserv, Inc. This marks the second time since 2001 that PADE has achieved this award.
Read More →The National Auto Auction Association (NAAA) has announced the creation of the National Auto Auction Association Scholastic Foundation, Inc. (the "Foundation").
Read More →Serco Group Inc. of Gibbsboro, N.J., announced April 19 that it was awarded the vehicle fleet maintenance and management contract for Peco Energy Co.'s operations in Philadelphia, according to the Philadelphia Business Journal.
Read More →PHH Arval announced April 12 that it now offers a new way to manage short-term, maintenance-related vehicle rentals for its clients with the introduction of its Maintenance Rental Program.
Read More →AmeriFleet Transportation announced April 20 that it has wholly acquired Wichita, Kansas-based Compliance & Rick Services, Inc. (CRS) in a move to expand its menu of services to the medium- and heavy-duty truck leasing arena.
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