Copart, Inc. is opening its first German vehicle storage and auction location in Bad Fallingbostel, near Hanover, the online auctioneer has announced.
Read More →World Data Corp. has introduced its DATASYNC Application Programming Interface (API) data delivery system. The new tool allows companies to integrate World Data information into new or existing applications so it can be seamlessly presented to users, according to the company.
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This could be a sign that stop-sale/stop-use units are being repaired and creating less demand for loaner vehicles, says Manheim.
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Mid-size car retention rates for model-year vehicles older than two years dropped this year after remaining steady for the previous four years.
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Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.
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instaVIN, a provider of vehicle history reports and technology products, has named Edie Hirtenstein director of business development. The 14-year automotive industry veteran will be responsible for managing customer relationships and identifying and implementing products and services that could further expand the business, according to the company.
Read More →The global alternative investments firm acquired J.D. Power and Associates from S&P Global, formerly known as McGraw Hill, for $1.1 billion.
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The values of sub-compact cars have depreciated an average of 24.2% in a year, which ranked at the top of the vehicle classes tracked by Black Book.
Read More →Vehicle remarketers have been pushed to follow more and more regulatory compliance procedures for financial institutions and other consignors while handling wholesale vehicle sales, ServNet's CEO told Vehicle Remarketing Reporter.
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Manheim’s senior vice president of vehicle solutions has been named president of financial solutions for Cox Automotive.
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