Manheim unveiled two new offerings at a grand opening celebration at its Riverside, Calif., location. These include the indoor Vehicle Inspection Facility and the Kelley Blue Book Resource Center.
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IronPlanet, an online marketplace for used heavy equipment and trucks, and Finning International Inc., the largest Cat dealer in the world, announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace.
Read More →The company plans to make investments exceeding $50.88 million to lease and renovate its corporate offices in Carmel, Ind., to support its growing customer service and technology divisions as well as upgrade its technology infrastructure and software.
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Bill Westlake has been named director of national commercial sales for Metro Auto Auctions. In his new role, he will work with both Metro Auto Auction locations, in Phoenix and Dallas.
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Jeannie Chiaromonte, VP and national remarketing manager for Bank of America, was named president of the International Automotive Remarketers Alliance (IARA) at the 2015 Summer Roundtable held August 18-19 in Fort Worth, Texas.
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The International Automotive Remarketers Alliance (IARA) held its 2015 Summer Roundtable event August 18-19 At the Hilton Fort Worth in Texas. There were more than 200 registrations for this year’s conference.
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Certified pre-owned vehicle sales accounted for 22.7 percent of used sales by dealers, setting a record for a single quarter, according to a report by Edmund's.com. Overall, the sale of used vehicles came in strong in the second quarter of 2015 at approximately $9.6 million, growing at a 5.1 percent year-over-year.
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For the third month in a row, average wholesale used vehicle prices fell significantly on a month-over-month basis, falling below $10,000 for the first time this year.
Read More →On August 19, Manheim Pennsylvania, which began as a three car, single-lane auto auction in 1945 and today uses 33 lanes as well as digital access to facilitate the sale of 450,000-plus vehicles per year, celebrates seven decades.
Read More →The facility, now comprising 57 acres, offers IAA buyers and sellers an improved auction experience.
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