RICHMOND, VA – With the decrease in gas prices and arrival of colder weather, CarMax, Inc., says online searches for sport/utility vehicles and pickup trucks are on the rise.
Read More →CHICAGO — John Possumato, founder and vice chairman of Driveitaway, Inc., has carved out a piece of the Web's blogosphere. With 20 years' experience behind him, Possumato will share his insights on the day-to-day world of the automotive industry in a new blog that will focus on the substantial, but sometimes overlooked, world of corporate fleet and vehicle remarketing.
Read More →INDIANAPOLIS — Auction Broadcasting Company has announced that John Combs, previously general manager at ABC Indianapolis, has accepted the position of regional vice president of Sales for ABC. Combs has more than 15 years of experience in the auto auction business.
Read More →SANTA BARBARA, CA – Automotive Lease Guide's (ALG) annual Residual Value Awards honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price. This year's awards are based on 2006-model year vehicles.
Read More →FREDERICK, MD – Since the NAAA Hurricane Relief Fund Committee (NAAA-RF) and fundraising efforts launched in efforts to help fellow auction member families impacted from this year's hurricanes, the members through NAAA have been able to help 75 families in need. To date, $86,000 has been distributed amongst those families.
Read More →SCOTT, LA – Manheim's Lafayette Auto Auction and Mississippi Auto Auction received special recognition awards from the General Services Administration (GSA) Dec. 8 at Lafayette Auto Auction in Scott. The awards were given to the auctions “for their outstanding efforts on behalf of the United States of America in emergency conditions during the aftermath of Hurricane Katrina.”
Read More →EDEN PRAIRIE, MN — GE Commercial Finance Fleet Services announced an enhanced direct-to-employee remarketing channel that will allow GE's customers to sell their vehicles through an online portal. GE teamed up with Remarketing Solutions, a wholly owned subsidiary of Manheim, and Fourth Fleet Financial to develop a direct-to-employee online remarketing channel that provides GE customers with an all-encompassing solution that includes inspections, transportation, and financing.
Read More →ATLANTA – Manheim's Tennessee Auto Auction in Nashville has joined the Total Resource Auctions (TRA) network of salvage wholesale auctions. The auction is the 15th Manheim location to be added to the TRA network in 2005.
Read More →FAIRFAX, VA – IntelliChoice.com, a consumer automotive data resource, has selected Carfax as the provider of choice for vehicle history information. Visitors to IntelliChoice.com who search for used vehicle data can now instantly access valuable Carfax Vehicle History Reports directly from all IntelliChoice.com used-vehicle listings.
Read More →NAPLES, FL – Last year more than one-half of the 43 million used cars purchased were located through Internet research. Although this has impacted how consumers find a vehicle, it has not changed the actual purchasing process or the car buying experience.
Read More →
