Dealers Auto Auction of Las Vegas (DAALV) has partnered with Auction Management Solutions (AMS) in an effort to grow its business, according to a company announcement.
Read More →
Jim Williams will succeed Patrick Brennan, who previously served in the position but was recently promoted to senior vice president of Inventory Solutions’ Marketplace.
Read More →
Buick and Lexus ranked highest in overall vehicle dependability, which improved 9% overall in the past year, according to J.D. Power's annual Vehicle Dependability Study. Fleets using a three-year replacement model may benefit from higher resale prices.
Read More →
The National Independent Automobile Dealers Association (NIADA) has selected MetroGistics as a Bronze-Level National Corporate Partner, allowing for preferred pricing on vehicle moves and extended credit to NIADA’s more-than 16,000 member dealerships, according to a company announcement.
Read More →
SmartAuction will begin listing off-lease Nissan and Infinity vehicles on its platform as part of an agreement between the company, Nissan Motor Acceptance Corp. (NMAC), and Infiniti Financial Services (IFS), according to a company announcement.
Read More →
Compact cars values remained flat last week in average wholesale value, representing the best week for the segment this year, according to Black Book’s Feb. 12 Market Insights report.
Read More →KAR Auction Services ADESA unit is partnering with fleet management company Emkay to raise $267,000 over six years to support JDRF, which funds type 1 diabetes research.
Read More →
The decline came as a result of a higher-than-average number of applicants in January. More people looking to get into a lease during the month, allowed for a higher number of people to not qualify for a lease, according Swapalease.com.
Read More →
Wholesale used-vehicle prices decreased 0.74% month over month in January. This brought the Manheim Used Vehicle Value Index to 131.0, a 4.9% increase from a year ago but the lowest level since last July.
Read More →
Five General Motors vehicles from the 2018 model year have the lowest cost to own in their categories over a five-year period, while four Toyota or Lexus vehicles also made an annual list from Kelley Blue Book.
Read More →
