CARMEL, IN – Average wholesale used-vehicle prices rose sharply in November, registering their strongest year-over-year increase of 2005, according to Tom Kontos, VP, ADESA Analytical Services, ADESA Inc. Reasons for the increase include:
Read More →MT. ARLINGTON, NJ – The 11th annual Conference of Automotive Remarketing (CAR) 2006 is scheduled March 8-10 at Caesar's Palace in Las Vegas. More than 400 remarketing professional from auctions, banks, manufacturers, technology providers, and others are expected to attend the event.
Read More →BUFFALO, NY – RSA Solutions Inc. has split into two separate businesses in an effort to focus on growth on both sides.
Read More →ATLANTA – Manheim's Detroit Auto Auction in Carleton, Mich., has joined the Total Resource Auctions (TRA) network, becoming the 14th Manheim auction to offer advanced salvage auction services.
Read More →CARMEL, IN — AutoVIN Canada, ADESA's professional information services subsidiary in Canada, has been selected to provide technology to help Nissan Canada Finance manage the grounding process at Canadian Nissan and Infiniti dealerships.
Read More →AUBURN HILLS, MI – Chrysler Group's Five Star dealers sold a new November record of 8,600 Certified Pre-Owned Vehicles (CPOV), an increase of 5 percent over November 2004 sales of 8,189 units and a 6 percent increase over October 2005 sales.
Read More →ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) increased for the fourth consecutive month in November, reported Manheim. The Manheim Used Vehicle Value Index now stands at 114.9, up 6.7 percent from a year ago and up 12.2 percent from the cyclical trough that occurred in April of 2003.
Read More →ATLANTA – Since educating site users and dealer customers is the best defense against fraudulent activity, AutoTrader.com has created an internal Fraud Task Force and beefed up language on its homepage and throughout the site about what activity is suspicious.
Read More →PORTLAND, OR – TitleAuctions, Inc. has signed a technology and marketing agreement with the Missouri Credit Union Association. Under the terms of the agreement TitleAuctions will power a retail Internet auction for MCUA's vehicle remarketing Web site at www.CUWheels.com.
Read More →CARMEL, IN — ADESA Corp. has made two appointments in the company's West Region. Jose Arroyo has been named fleet lease manager at ADESA Los Angeles effective December 5, 2005, while Jeff Kirkpatrick will replace him as fleet lease manager at ADESA San Diego.
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