Wells Fargo Dealer Services agreed to repay another $5.4 million to about 450 service members whose vehicles were repossessed by the bank in violation of the Servicemembers Civil Relief Act, the U.S. Department of Justice announced this week.
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Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.
Read More →The company will be leveraging its connection with Cox Automotive brands, along with companies in the inventory management, floor planning, reconditioning, and assurance and logistics industries to create the multi-channel marketplace, according to Manheim.
Read More →Liquid Motors has reached multiple significant milestones, according to the provider of remarketing software to dealers.
Read More →Vehicle inspection company Alliance Inspection Management (AiM) has launched Aimcertify.com, a platform that will provide information about the condition of a car or truck located in the U.S. prior to a purchase.
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Enterprise Holdings will recognize 14 automotive auction partners with its 2017 Auction Achievement Awards.
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ADESA has appointed Allan Wilwayco as the new general manager of its Dallas operation. Wilwayco, who comes from Manheim, will lead the day-to-day business operations of one of the largest ADESA sale facilities in the country.
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Small cars saw the biggest weekly fall in average wholesale value while small pickups saw the strongest retention last week, according to Black Book’s Nov. 13 Market Insights report.
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Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.
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The national independent automotive inspection company Alliance Inspection Management (AiM) has named Steve Lambert, as its president and CEO.
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