ATLANTA - Wholesale used-vehicle prices (on a mix, mileage, and seasonally-adjusted basis) dropped lower in January, according to Manheim. Before the seasonal adjustment, average wholesale used-vehicle prices rose between December and January, but the increase was less than historical patterns would indicate; therefore, the Manheim Index declined by 0.2 percent to a 113.3 reading for the month.
Read More →CARMEL, IN – A slowing economy and weak retail demand combined late last year to cause a year-over-year decline in wholesale vehicle prices in the last two months of 2006.
Read More →MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance (IARA) has announced that Manheim has joined the IARA.
Read More →MCLEAN, VA - After 74 years, the N.A.D.A. Official Used Car Guide Co. has rebranded itself and will now be known as NADA Analytical Services Group (NADA ASG), unveiling a new corporate identity.
Read More →TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas. Keynote speakers will include Jim Sanfilippo, executive vice president, AMCI Marketing; and Chip Perry, president and CEO, Autotrader.com.
Read More →CARMEL, IN – ADESA Corp. has announced that Internet-only purchases have increased 800 percent since launching ADESA DealerBlock in fall 2006 and it will waive the buyer fee for all DealerBlock open-sale purchases made during the month of March (U.S. only).
Read More →FREDERICK, MD and MCLEAN, VA – The National Auto Auction Association (NAAA) and NAAA's subsidiary, NAAA Services Corp., will enter into agreements with the National Automobile Dealers Association Analytical Services Group (NADA ASG), formerly known as the N.A.D.A. Official Used Car Guide Co.
Read More →LAKE SUCCESS, N.Y. – DealerTrack, Inc., a subsidiary of DealerTrack Holdings, Inc., has introducedn InventoryPro, a new inventory management solution for auto dealers.
Read More →FREDERICK, MD – The 10th annual auction industry survey released by the National Auto Auction Association, Inc. (NAAA) pegs sales of used vehicles at NAAA member auctions at 9.5 million units valued at $86.9 billion.
Read More →DETROIT – General Motors will provide a fully transferable five-year/100,000-mile powertrain limited warranty, with no deductible, on all 2002-2006 GM Certified Used Vehicles. The new warranty is effective from the vehicle's original in-service date.
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