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 International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.
Read More →ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of Indianapolis-based ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.
Read More →Due to overwhelming demand for a better lease termination disposition channel, Nationwide Auction Systems has created a first-of-its-kind lease turn-in center for financial institutions, manufacturers, and lease companies.
Read More →Rob Chesney, director, national sales of eBay Motors, will be the luncheon keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23 at the Mandalay Bay Resort and Casino in Las Vegas. Chesney will speak about “Breaking Barriers” in the remarketing industry on Tuesday, January 22.
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The best the existing system, such as auctions, dealers, lessors, factories, and other remarketers, will be combined with new thinking, new technologies, the Internet, and new people from both within and outside the auto industry.
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VIN cloning is the latest theft technique to impact the automotive business. Thieves remove VIN plates from auto parts yards to give stolen vehicles a new identity.
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The objective is to increase auction attendance and enhance overall portfolio sales value. However, many remarketers commit one of four common errors in marketing sales.
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You know how you are performing benchmarked against your history, but how do you measure up against a national market benchmark? Are you missing opportunities to generate incremental dollars?
Read More →CarMax plans to open a dozen used-car superstores over the next 14 months, according to Automotive News.
Read More →Remarketers who attend CAR at the Mandalay Bay Resort in Las Vegas on January 21-23 will have the opportunity to win a fabulous Oceania Cruise to an exotic destination of their choice.
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