CARMEL, IN — ADESA Corp. has announced Eric Clippinger has recently been promoted to general manager of ADESA Ocala. Clippinger joined ADESA in 2005 as the auction's fleet/lease manager. Most recently, he was auction manager at ADESA Ocala.
Read More →ATLANTA and LAS VEGAS – OVE.com, a virtual vehicle marketplace for dealer-to-dealer and commercial consignor business transactions, has announced an agreement with Network Remarketing & Technologies (NRT), an online vehicle remarketing solution provider, at the Conference of Automotive Remarketing (CAR) in Las Vegas.
Read More →LAS VEGAS – Former Manheim President Warren Young, Sr. was named this year's International Automotive Remarketers Alliance (IARA) Circle of Excellence award recipient. The award was presented Feb. 27 at the IARA Roundtable Conference held in Las Vegas. Unable to attend in person, Walter Young, Jr. accepted the award on his behalf.
Read More →LONG BEACH, CA – Tokio Marine, part of the $32 billion Millea Holdings, Inc., has acquired a 15-percent interest in Alliance Inspection Management (AIM), a national, independent third-party inspection company.
Read More →AUBURN HILLS, MI – Continuing on the momentum started in January, the Chrysler Group reported that its Five Star dealers set a new February record of 10,187 Certified Pre-Owned Vehicle (CPOV) sales in 2007, a 9-percent increase compared with February 2006 sales of 9,309 units. Year-to-date sales also set a new record with 19,298 units, rising 9 percent from year-to-date sales in 2006.
Read More →CARMEL, IN – ADESA, Inc. has announced that Glass, Lewis & Co. (“Glass Lewis”), an independent voting advisory service, recommends ADESA stockholders vote for the company's proposed merger with KAR Acquisition, Inc., at the March 28 Special Meeting of Stockholders.
Read More →NEW YORK – Effective March 2, Rene Abdalah and Philip Sampieri, previously employed by the RVI Group in Stamford, Conn., have joined Lee and Mason Financial Services.
Read More →CENTREVILLE, VA – AutoUpLinkUSA and Carfax have expanded their partnership to help dealers sell cars faster and improve the shopping experience for used-car buyers.
Read More →ATLANTA – AutoTrader.com has partnered with Capital One Auto Finance to provide Web site visitors a comprehensive and user-friendly finance tool and resource to assist with the car-buying process.
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