AUBURN, IN – The founder of the Kruse International Collector Car Auction House has died at age 85. Russell W. Kruse died at Lutheran Hospital in Fort Wayne of a massive stroke.
Read More →CARMEL, IN—ADESA announced that it has made several appointments to its used vehicle operations senior management team.
Read More →DETROIT, MI – General Motors has presented the GM Sponsored Auctions Operational Award to Tri-State Auto Auction, a member of the ServNet Auction Group.
Read More →CARMEL, IN—ADESA announced it has filled two key technology positions. Effective immediately, Dennis Jones has assumed the role of president of AutoVIN, the company's professional information services subsidiary, while Jason Ferreri will become vice president of e-Business, Sales and Operations in the U.S. for ADESA on May 14, 2007.
Read More →ATLANTA – Manheim's Tucson Auto Auction broke records for the number of recreational vehicles offered and sold at its monthly RV sale held April 25. Of the 210 registered RVs offered, 163 were sold.
Read More →HAUPPAUGE, N.Y. – Odyne Corp., a developer of plug-in hybrid-electric vehicle (PHEV) technology for trucks and buses, has announced an alliance with Strategic Bus Sales, Inc.
Read More →CENTREVILLE, VA – Industry experts estimate that as many as one out of 25 previously damaged vehicles may have non-functional airbags. Conmen purposely replace deployed airbags with anything from packing peanuts to stolen units. This growing scam is threatening used-car buyers everywhere.
Read More →ATLANTA – Manheim's wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) inched up in April. Prior to the seasonal adjustment, wholesale prices were off 0.9 percent for the month. The Manheim Used Vehicle Value Index reading was 114.2 in April, the same as a year ago.
Read More →AUBURN HILLS, MI – The Chrysler Group reported that its Five Star dealers sold 10,393 Certified Pre-Owned Vehicles (CPOV) in April 2007, a 2-percent decline from the same month last year (2006: 10,586). However, year-to-date sales were up 6 percent to 42,623 units (2006: 40,357).
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