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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Saab Cars USA and Saab Financial Services Corp. hosted the first Simulcast Auction at Manheim AA using the new on-line Manheim system.
Read More →Resale values for two- and three-year old fleet vehicles were lower in the fourth quarter of 2002 compared to the same period in 2001 when used-vehicle sales hit rock bottom following 9-11.
Read More →The Conference of Automotive Remarketing (CAR) 2003, to be held Feb. 23-25, 2003 at the Las Vegas Hilton, announces five key automotive finance industry experts who will participate in the panel discussion on "Alternate Financing for Used Car Dealers."
Read More →Another value-added feature has been introduced to the CAR 2003 lineup: the chance to win a Harley-Davidson motorcycle, courtesy of ADESA.
Read More →The International Automotive Remarketers Alliance (IARA) will hold the next in its series of remarketing roundtables January 15-17, 2003 at the Hilton Tampa Airport Westshore Hotel in Tampa, FL.
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New paint repair division of Manheim subsidiary Dent Wizard International currently offers on-site services at 18 Manheim auctions, with additional locations expected in the near future.
Read More →Because of a buying dealer’s inability to do repairs, the cost of floorplanning, and the cost of internal repair rates, the dealer will pay more for a reconditioned vehicle because the negatives have already been taken away.
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A well-detailed vehicle brings more money on the auction block and provides more value to the buyer by reducing sale turnaround time and improving the overall presentation of a vehicle on a dealer’s lot. For auctions, it means repeat business from buyers and sellers.
Read More →There is a need to establish uniform, national standards for vehicle inspections. However, the different and specific needs of major consignors make it difficult for one format to be accepted as an industry standard.
Read More →Manheim's Tennessee Auto Auction (TAA) and Nashville Dealer's Auto Auction (NDAA) officially merged on Dec. 17, 2002, to provide central Tennessee customers the combined services of both auctions as well as access to the Nashville Auto Auction (NAA) facility.
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