News
FLD Promotes Three Executives in Leadership Changes
FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
Read More →FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
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AutoTrader.com, the world’s largest automotive marketplace, and WorldNow, a leading provider of Internet technology, revenue, and content solutions for local broadcasters, announced that they have partnered AutoTrader.com content with the WorldNow network of television Web sites.
Read More →ADESA Kansas City announced today that Rob Reed is its new fleet/lease manager. Reed, the former national account manager at ADESA Dallas, will be responsible for building and maintaining relationships with ADESA Kansas City’s fleet, lease, and captive finance customers.
Read More →Manheim’s Florida Auto Auction of Orlando had notable Simulcast success at its recent three-day Anniversary Sale, accepting nearly 2,600 online bids and selling over 400 vehicles online. The sale proved to be the greatest success for Simulcast since its inception.
Read More →Manheim Auctions has announced that Doug Kramer has been named assistant general manager of Dallas Ft. Worth Auto Auction in Ft. Worth, TX, and that Peggy Sprenger and Scott Gallagher have been promoted to assistant general managers of Kansas City Auto Auction in Kansas City, MO.
Read More →Chattanooga Auto Auction posted a record for Honda Financial Services, recording the largest number of bids by and the largest numbers of cars sold to Internet buyers at its June 10th Online Ringman sale.
Read More →According to industry analyst Art Spinella, nationally, online sales of used cars topped 500,000 in May, and could hit 1 million a month by the end of the year. He added that two major advantages for the consumer of Internet sales are the wide selection and quick responses.
Read More →At first glance, it seems like any other summary of a very successful day at an auto auction: two sales achieve a 100 percent sale rate and average $2,000 per car over reserves. But the 50 dealers who attended the sales had never before been to an auction. In fact, it was the first-ever auction of its kind in the country where it took place — Thailand.
Read More →DaimlerChrysler announced on July 22 that it has added a three-month/3,000-mile limited warranty to its Certified Pre-Owned Vehicle program. Units that qualify for the warranty already carry the seven-year/70,000-mile transferable new vehicle warranty, which includes 2003-model vehicles and those to come.
Read More →Automobile Consumer Services, Inc., (ACS) specializing in online, direct-to-consumer automotive leasing, has launched a new Web site, bringing consumers an online marketplace for late-model, used vehicles. The site, called FrontRowCars.com, offers vehicles which are available for purchase, finance, or lease.
Read More →CenterOne Financial Services (CenterOne) announced on July 14, 2003, that it has entered into an agreement to manage pro-active lessee contact and vehicle remarketing of the Florida region lease portfolio for The Huntington National Bank (Huntington). Headquartered in Columbus, OH, Huntington provides indirect auto retail, lease and commercial lending products and services through more than 3,000
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