Manheim has promoted six leaders to general manager roles at seven operating locations in Florida, Oregon, Texas, and Quebec, Canada.
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The enhancements, which took effect last month, are designed to help buyers find relevant inventory quicker and make the sale process easier and faster.
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PAA matched 100 percent of all of the donations received from vendors, employees, and customers throughout the month, and was able to present A Child’s Place at Mercy with a check in the amount of $15,000.
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Wholesale used-vehicle prices in October averaged $9,678 - up 1.3 percent compared to September and up 0.9 percent year-over-year.
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ADESA, a business unit of KAR Auction Services, announced changes to its auction management teams at ADESA Atlanta and ADESA Phoenix.
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For the first time, compact and full-size commercial vans were included in the award's 26 recognized vehicle segments.
Read More →Cam Hitchcock, CEO of American Auto Auction Group (AAAG), announced the rebranding of AAAG at the opening ceremonies of Used Car Week’s National Remarketing Conference.
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Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength.
Read More →According to the study, shoppers are increasingly considering CPO vehicles, and once shoppers turn into buyers, they are satisfied, loyal, and many are likely to turn into new-car buyers for future purchases.
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Shaun Petersen, regulatory counsel for the National Independent Automobile Dealers Association (NIADA), told a committee of the New York City Council that the City's proposed ban on the sale of used cars with unrepaired recalls needs a little repair work itself.
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