Vehicle Remarketing Logo

Operations

NewsMarch 24, 2017

AFG Adds Manager to Remarketing Team

Auto Financial Group (AFG), an online provider of financing products for credit unions and banks, has named Dave Pratt as its new remarketing manager. In this new role, Pratt will be in charge of overseeing the daily operations of the company’s remarketing department.

Read More →
NewsMarch 23, 2017

RMS Pursues Further Integration With OVE and Manheim

RMS Automotive is pursuing a strategy to further enhance velocity for its clients by integrating consignors' open sale listings with OVE and Manheim.com, according to a company announcement.

Read More →
NewsMarch 23, 2017

Wholesale Pricing and Volume Down for Medium-Duty Trucks at Start of Year

Medium-duty trucks at auction have had a shaky start to 2017, with both volume and pricing down compared to the same time last year, according to NADA Used Car Guide’s March 2017 Commercial Truck Guide Industry Update. However, with a boost in demand expected in the latter half of the year, medium-duty trucks should finish off this year in better shape than in 2016.

Read More →
Ad Loading...
NewsMarch 22, 2017

Auto Recalls Reach 53.2 Million in 2016

Automakers recalled a record 53.2 million vehicles last year in the United States, according to the National Highway Traffic Safety Administration (NHTSA). In 2015, 51.2 million vehicles were affected by recalls.

Read More →
NewsMarch 21, 2017

Weekly Compact Van Wholesale Values Rise

Full-size cars, sporty cars, and compact vans were the only vehicle segments that saw their average wholesale values increase in value last week, according to Black Book’s March 20 Market Insights report.

Read More →
NewsMarch 21, 2017

Used Car Prices 'Softening,' ADESA's Kontos Says

February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.

Read More →
Ad Loading...
NewsMarch 20, 2017

Manheim Chicago Recognized with Service Award

Element Fleet Management recently awarded Manheim Chicago with the “Above and Beyond” Award, according to a company announcement.

Read More →
NewsMarch 17, 2017

Stolen Manheim Milwaukee Units Involved in Accidents

Two of four vehicles stolen from Manheim Milwaukee's auction lot earlier this month were recovered after they were involved in accidents near the auction.

Read More →
NewsMarch 17, 2017

KAR Invests $15M in TradeRev

KAR Auction Services has extended up to $15 million in credit to Toronto-based Nth Gen Software to expand TradeRev, an online dealer-to-dealer auction portal, the company announced March 16.

Read More →
Ad Loading...
NewsMarch 16, 2017

Auction Academy Expands Training Program

The Auction Academy is expanding its training to include commercial and government fleet managers, commercial account representatives, and dealers for the first time in its five years of existence, the continuing education organization has announced.

Read More →