INDIANAPOLIS – Auction Broadcasting Company (ABC) recently named Joe Samuel as general manager of the ABC Nashville Auto Auction, effective immediately. Since July 2005, Samuel has served in an executive capacity for ABC, with special emphasis in the area of strategic planning.
Read More →ATLANTA – Remarketing Solutions, a Nashville, Tenn.-based Manheim subsidiary company providing vehicle inspection, title, transport, recovery, and other remarketing services, is making a change to its name.
Read More →INDIANAPOLIS - In 2005, Auction Broadcasting Company (ABC) entered a partnership with American Auto Exchange (aaX) to form the online remarketing channel abX. GE Commercial Finance Fleet Services was one of a select number of ABC customers asked to pilot the program, launched from ABC Tampa last September.
Read More →Three Manheim auctions were recently honored at Wells Fargo Auto Finance's first annual auction awards reception, held March 23 at the Peabody Hotel in Orlando, Fla.
Read More →WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA), an automotive total loss and specialty salvage service, has entered into an agreement to purchase the assets of Indiana Auto Storage Pool (IASP). IASP operates two locations in Indiana – a 45-acre facility in Indianapolis and a 15-acre site in South Bend. IAA expects the acquisition to close by the end of April.
Read More →ATLANTA – Manheim has named Lynn Morgan vice president of Manheim Information and Consulting Services (MICS), a newly created business unit within the company that will consolidate Manheim's data analytics and consulting practices into one area.
Read More →NASHVILLE, TN – TPC Management Company, an automotive industry firm specializing in consulting and management recruiting headquartered outside of Nashville, continues to develop programs focused to putting auto auctions together with Remarketing Industry decision makers.
Read More →MT. ARLINGTON, NJ – The IARA Summer Roundtable Conference in San Diego, July 26-28, will feature Richard Fenton as the keynote luncheon speaker, author of Go For No, a book about the willingness to accept failure as a way to achieve success. Signed copies of his book will be available for all attendees.
Read More →DETROIT – March sales for GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 47,170 units, up 15.5 percent from last March.
Read More →ATLANTA – Wholesale used vehicle prices (mix, mileage, and seasonally adjusted) declined by 0.5 percent in March. The Manheim Used Vehicle Value Index now stands at 114.9, representing an increase of 2.4 percent for the past year and a rise of 12.2 percent from the cyclical trough that occurred in April of 2003.
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