ADESA has named the GMs for ADESA Orlando and ADESA Los Angeles, in addition to making other management changes. Theo Jelks will lead ADESA Orlando as GM, and Vic Yancon has been promoted to GM at ADESA Los Angeles.
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Car segments depreciated at nearly double the percentage of trucks this past week, with overall car values decreasing 0.47% during the week of July 25. This is similar to the average depreciation rate of 0.46% of the previous four weeks.
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Wholesale used vehicle prices increased in July despite expectations that wholesale prices would suffer in 2016 due to growing wholesale supplies.
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Manheim Seattle won the City of Kent “Best of Kent” award for the fifth consecutive year, which is presented to local businesses that display innovative growth, a sharp focus on community relations, and positive customer feedback.
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John Kett, president and CEO of Insurance Auto Auctions, Inc. (IAA), has been awarded the Pat Dalton Outstanding Achievement Award for exhibiting commitment to SkillsUSA.
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NextGear Capital has made an agreement with CarMax that allows dealers to use NextGear Capital lines of credit at all 68 CarMax auction locations.
Read More →Automotive Industry Action Group (AIAG) is now offering its automotive training services to over 15 countries as a result of collaborations with Plexus and QAD.
Read More →XLerate Group has had nearly 800 employees and management members complete NAAA’s Auction Safety Certification and Lane Safety Training initiatives since April 2016.
Read More →Manheim’s digital channels showed a 22% increase in vehicles sold in Q2 2016 when compared to 2015. This includes increases in avenues such as OVE, Simulcast, and Manheim’s mobile sites and apps.
Read More →Manheim’s online tool that delivers real-time sales statistics and historical data for sellers has registered 2,000 clients.
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