PARMA, MI – Auto City Vehicle Auction has been purchased by The Capitol Group, with veteran auction executive Carl Miskotten, one of the founders of Auction Broadcasting Company (ABC).
Read More →ATLANTA – Tracey Doi, group vice president and chief financial officer of Toyota Motor Sales U.S.A. Inc., was presented with Manheim's third-annual Automotive Woman of the Year award. She received the award at the Northwood University Dealer Education Awards Breakfast during the National Auto Dealers Association (NADA) Convention in Las Vegas.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA), has purchased Permian Basin Salvage Pool in Odessa, Texas. According to IAA, the centrally located 10-acre facility will allow the company to more fully serve clients across West Texas.
Read More →ATLANTA – OVE.com has created a new workshop designed to help dealers take advantage of online vehicle wholesaling to improve profitability. The first Wholesale Institute seminar will take place March 13-14, in Orlando, Fla., and will be taught by Greg Lubrani, a 20-year automotive veteran.
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 →ATLANTA – Five Manheim operating locations recently earned performance awards from American Honda Finance Corp. (AHFC) for outstanding service in 2006.
Read More →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.
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