MENLO PARK, CA – OPENLANE, Inc. announced the launch of its nationwide Third Party Inspection (TPI) service for all sellers on OPENLANE's auction site.
Read More →CARMEL, IN - KAR Holdings, Inc., a leading provider of vehicle and salvage auction services in North America, announced the company changed its name to KAR Auction Services, Inc.
Read More →MCLEAN, VA – After a thorough review of the Cash for Clunkers program, the chief economist of the National Automobile Dealers Association (NADA), Paul Taylor, determined the cost of each incremental vehicle sold was around $4,587.
Read More →ALEXANDRIA, VA — The 135,913 consumer bankruptcy filings in October represented a 27.9 percent increase over last October's monthly total of 106,266, according to the American Bankruptcy Institute (ABI).
Read More →SANTA MONICA, CA — Three-year-old used cars currently sell for about 16 percent more than they did this time last year.
Read More →ATLANTA – As part of its efforts to drive increased consistency and convenience for its customers, Manheim announced the creation of a new Operational Excellence group.
Read More →DELRAY BEACH, FL — FLD, Inc., a privately held automobile remarketing company in North America, announced that Ron Sanders has been named chief executive officer.
Read More →DETROIT - GMAC Financial Services announced that it has priced an offering for $2.9 billion of senior fixed rate notes guaranteed by the Federal Deposit Insurance Corporation (FDIC) pursuant to the FDIC Temporary Liquidity Guarantee Program (TLGP).
Read More →LONDON, ENGLAND – International auction house, RM Auctions, concluded its 2009 auction season on a high note in London, posting £10.9 million in total sales with a strong 87 percent of all lots sold at the third-annual ‘Automobiles of London' event.
Read More →MONCKS CORNER, SC - Beginning August 28th and running through October 9th, Charleston Auto Auction held its "Dealer Stimulus Promotion," which culminated in the first ever "Crash for Cash Dealer Demolition Derby" on October 8th.
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