There are only six weeks left until the 2014 Conference of Automotive Remarketers (CAR), and everything is heating up!
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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Through joint collaboration across the wholesale automotive industry, Auto Auction Services Corporation (AASC) has introduced a new industry standard for vehicle condition data reporting available to all members.
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When Jose Ortiz of Ypsilanti, Mich. bought his 2010 Toyota Matrix at Dunning Toyota in December 2013, he didn’t realize the historical implication of his purchase.
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DataScan Field Services has acquired Launch Technologies LLC and Field-Logic LLC, two companies that operate together to provide state-of-the-art floorplan auditing technology and audit services to financial institutions.
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The leadership of the NAAA shares its market insight and discusses plans to support wholesale market channels.
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The schedule is now available and session details are being frequently updated for the 2014 Conference of Automotive Remarketing (CAR).
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Manheim announced that Julie Picard, market vice president of Manheim’s Pacific Market has been named general manager and vice president of Manheim Pennsylvania.
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KAR Auction Services, Inc., announced the acquisition of Miami-based High Tech Locksmiths (HTL), which specializes in products for the automotive industry.
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In response to severe weather conditions in the Midwest and East Coast, Manheim is responding by waiving online fees for vehicles purchases through Simulcast and facilitation fees for vehicles purchased through OVE.com to assist dealers.
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