CHICAGO - The use of the Internet for upstream remarketing activities and broadcast auctions continue to dominate auto remarketers' strategies in 2004, according to a new industry study conducted by Emercent Solutions with assistance from the International Automotive Remarketers Alliance (IARA).
Read More →MT. LAUREL, NJ - Automotive Resources International (ARI) announced on March 10 the expansion of its vehicle remarketing channels with the introduction of Web-Based “upstream” employee sales.
Read More →NASHVILLE, TN – New lease volume for the largest national lessors increased 5 percent from 2003 to 2004 according to a survey conducted by The Association of Consumer Vehicle Lessors (ACVL).
Read More →CHICAGO – Attorney General Lisa Madigan and Sen. James T. Meeks (D-15), introduced Senate Bill 1839, which would help protect used-car buyers in Illinois.
Read More →ATLANTA – AutoTrader.com has appointed Fred Prybol to general manager, For Sale By Owner Advertising. In his new position, Prybol will work closely with both the AutoTrader.com For Sale By Owner Advertising team as well as the For Sale By Owner Advertising group at Trader Publications.
Read More →IRVINE, CA – Kelley Blue Book has been named an official sponsor of the media center at the New York International Auto Show, March 23 and 24 at the Jacob Javits Convention Center.
Read More →TAMPA, FL – Auction Management Solutions, Inc., creator of the OnLine Ringman auction integration system, has filed a patent infringement lawsuit against Manheim Auctions, Inc. of Atlanta, and Canadian corporation Live Global Communications of Moose Jaw, Saskatchewan.
Read More →IRVINE, CA – Jack R. Nerad, a 20-year veteran of the automotive industry, will be joining Kelley Blue Book's kbb.com on March 21 as editorial director and industry expert.
Read More →RICHMOND, VA – CarMax, Inc. reported record sales for the fourth quarter ended February 28.
Read More →SANTA MONICA, CA - Edmunds.com, an online resource for automotive information, reported on March 3 that the average manufacturer automotive incentive in the United States was $2,369 per vehicle sold in February 2005, down $90, or 3.7 percent, from February 2004, and down $39, or 1.6 percent, from January 2005.
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