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News•January 22, 2004

Despite Competition, Hertz to Sell Used Cars in Salem

Hertz Car Sales, an Oregon- and Washington-based franchise of the Hertz rental-car company, plans to open a used-car lot near the Salem airport with space for 300 vehicles, reported the Statesman Journal.

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News•January 22, 2004

Family-Owned Creative Colors International Launches Franchise Expansion Plan

A close-knit, Chicago-area family who began restoring torn and faded leather, vinyl, and other fabrics on-site has announced plans to tap into a series of new markets and expand their franchise.

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News•January 22, 2004

Remarketing Solutions/Allied Solutions Partnership Generates Interest and Enthusiasm In Credit Union Industry

Last June’s partnership between Remarketing Solutions and Allied Solutions have led to several hosted meetings with credit unions at metropolitan Manheim locations across the U.S.

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News•January 22, 2004

Manheim Combines Simulcast and Cinema Sales for BMW

More than 70 franchised dealers and buyers met online last month to purchase more than 400 factory-owned BMWs during a first-of-its-kind Manheim Simulcast Cinema sale, said Used Car News.

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News•January 22, 2004

Insurance Auto Auctions Opens New Ariz. Facility

Insurance Auto Auctions (IAA), a salvage auction company, recently opened a new greenfield facility in Tucson, Ariz., reported Auto Remarketing News.

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News•January 15, 2004

Used-Car Sales Licenses Frozen for One Year

The city of New Bedford has placed a one-year moratorium on the sale of used-car licenses as it attempts to create a new ordinance that will prevent "fly-by-night" operators from receiving licenses, according to the Standard-Times newspaper.

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News•January 15, 2004

Manheim Announces Management Changes at Georgia Dealers Auto Auction

Manheim has announced that John Deck and Mike Mosier have been named assistant general managers at Georgia Dealers Auto Auction. Deck formerly served as factory and fleet/lease manager at Denver Auto Auction in Aurora, Colo., while Mosier was the Northeast regional controller for Manheim.

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News•January 15, 2004

ADESA Names Cameron Hitchcock Chief Financial Officer

ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.

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News•January 15, 2004

Remarketing is Key to Maintaining Used-Car Values in Era of New-Car Incentives, Says Manheim CEO Dean Eisner

Creative use of new remarketing techniques has enabled companies with large portfolios of used vehicles to maintain used-car values in the face of the pricing challenge posed by heavy incentives on new cars, said Manheim president and CEO Dean Eisner.

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News•January 15, 2004

NY Dealer to Pay Restitution for Non-Disclosure of Used Vehicles' History as Rental Units

Following action taken by the New York state Attorney General's office, Fuccillo Ford of East Greenbush, NY, has agreed to pay more than $30,000 in restitution for failing to disclose to customers the true history of some of the used vehicles it sold, according to WXXA TV in Albany.

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