Frank Fuzy, owner of Century Motors of South Florida, opened his term as president of the National Independent Automobile Dealers Association (NIADA) for 2015-16 with an address during the Association's 69th annual Convention and Expo at Caesars Palace in Las Vegas.
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Auction Broadcasting Company (ABC Auto Auctions) announced the purchase of Tidewater Auto Auction in Virginia Beach. The name will be changed to ABC Virginia.
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Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.
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The vehicle up for bid – a loaded polar white 2013 Mercedes C250W – was donated by those three companies and makes the grand total raised over the past three yeas to $69,700.
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MetroGistics, LLC, a leading provider of automotive logistics services, announced the hiring of David R. Larson as executive vice president, business development/sales partner.
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Volume-weighted car values decreased by 0.76 percent, last week, the most in last 52 weeks while the volume-weighted truck values decreased by 0.25 percent last week as pickups and SUVs continue to perform better than cars.
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Eleanor Aycock Johnson, president of the National Auto Auction Association (NAAA) and General Manager of the Manheim Auto Auction in Kenly, N.C., attended the Mendenhall School of Auctioneering from June 6-14, 2015.
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The National Independent Automobile Dealers Association (NIADA) is expanding its longstanding partnership with Carfax to include the association's certified pre-owned program.
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Overall, used GVW 3-8 transactions from March 1, 2014 to March 31, 2015 accounted for 51.7 percent of total GVW 3-8 transactions in the U.S. market.
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The IAA Buyer Watch App is an application customized for the Apple Watch that enables buyers to view the status of their vehicles in the bidding process through notifications on their wrists.
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