Manheim has promoted Joey Hughes to General Manager and Vice President of Manheim Pennsylvania from general manager of Manheim Statesville, North Carolina.
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Full-size pickups led vehicle depreciation in February, while mid-size cars, full-size cars, and utility vehicles held their value best, according to Black Book.
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Tax season momentum, particularly in the smaller car segments, has yet to pick up. According to data from "Black Book," a year-on-year comparison shows all the segments are down from the same time in 2015.
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Used commercial vehicle transactions of GVW 3-8 vehicles were just over 176,000 units during the last quarter of the 2015 calendar year, up 14.3 percent from the same time period in 2014 calendar year.
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ADESA, a business unit of KAR Auction Services, has announced that Lisa Scott has been promoted to chief client officer for ADESA Canada.
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In late February, the sister auctions will become the Corpus Christi Auto Auction and San Antonio Auto Auction, to better align them with their geographical locations.
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ADESA announced that its ADESA Phoenix location recently hosted a charity auction that raised nearly $20,000 for the Juvenile Diabetes Research Foundation (JDRF).
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Ohio’s newest Manheim operating location, Manheim Cleveland, will open March 2, 2016, with its first sale at 9:30 a.m.
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Car shoppers now get a Carfax Vehicle History Report with every Chevrolet, Buick, and GMC Certified car, truck, and SUV at no-cost from the selling dealer.
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Though seasonally up from December, wholesale price trends in January were bifurcated, as truck prices showed year-over-year price increases and car and crossover prices fell on a year-over-year basis.
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