TRENTON, NJ - Calling it a way to get a small, quick bit of cash and save $1 million a year, Gov. Jon Corzine announced June 21 that the state is ready to begin auctioning off 809 state cars.
Read More →MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.
Read More →TORRANCE, CA – According to industry sources, Auction Broadcasting Co. will sell its ABC Indianapolis auto auction to Manheim. The six-lane auction and reconditioning facility sits on 86 acres.
Read More →DEERFIELD BEACH, FL - World Omni Financial Corp. and its division, CenterOne Financial Services LLC, recently presented the Region One World Class Auction of the Year, Region Two World Class Auction of the Year, and World Class Internet Auction of the Year awards to Manheim Auto Auction, ADESA Charlotte, and ABC South Tampa, respectively.
Read More →AUBURN HILLS, MI – Chrysler Group is introducing the "Retail Return Guarantee Program" this summer, which offers a 60-day vehicle buyback guarantee for all Chrysler, Jeep, and Dodge dealerships when they purchase select 2005 and 2006 Chrysler Group vehicles at company closed auction venues now through Aug. 31, 2006.
Read More →DES PLAINES, IL - Wheels, Inc. and Onlane, Inc. recently hosted an educational event highlighting strategies for successful vehicle remarketing. The event, which took place on Jun. 13 at Onlane's Toronto headquarters, drew an audience of fleet executives from Wheels' clients throughout Canada.
Read More →CARMEL, IN – ADESA, Inc. has appointed Timothy C. Clayton as interim chief financial officer.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units. Year-to-date sales also increased 14 percent to 50,539 units, establishing the company's best year-to-date sales ever.
Read More →ATLANTA – AutoTrader.com noted substantial increases in searches for the vehicle models featured in the third installment of the movie series "The Fast and The Furious" with the opening of "The Fast and the Furious: Tokyo Drift" over the June 16-18 weekend. Starring models, including the Mazda RX-7, Mazda RX-8, and Nissan 350Z, are now in high demand on AutoTrader.com.
Read More →DELRAY BEACH, FL - Laurie Conn has been named chief operating officer for FLD, Inc., a national vehicle remarketing company.
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