MONTVALE, NJ -- Mercedes-Benz USA reported sales of 55,208 certified pre-owned vehicles for 2004, representing a 4.1-percent increase over the 53,021 units sold in 2003. This marks the sixth consecutive record year of Mercedes-Benz Certified Pre-Owned sales.
Read More →CARMEL, IN – ADESA, Inc. announced that during the fourth quarter of 2004, the company repurchased 1.18 million additional shares on the open market at an average price of $20.02 per share.
Read More →FORT PIERCE, FL – In December 2004, ABC Southeast Florida – one of Auction Broadcasting Company's newest auctions located at 400 N. Rock Road, Fort Pierce -- began serving as a marshalling center for Honda Financial.
Read More →LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR 2005) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.
Read More →CARMEL, IN and ATLANTA — Auction prices in 2004 continued the firming pattern identified in mid-2003 after three years of wholesale used vehicle price erosion, according to Tom Kontos, vice president industry relations and analytical services for ADESA Corp., a nationwide auction chain headquartered in Carmel.
Read More →MT. ARLINGTON, NJ — Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled for Feb. 16 at the Mandalay Bay Resort and Casino in Las Vegas.
Read More →MESA, AZ — AutoTradeCenter, Inc. has announced the launch of its “Preferred” Open Auction Program for members of the National Vehicle Leasing Association (NVLA).
Read More →INDIANAPOLIS — ADESA, Inc. has reported it is developing a custom-built business solution for Credit Acceptance Corp. that is expected to be deployed on the Web in late January. Both companies anticipate that this Web-based tool will provide a method of targeting specific used-vehicle inventory for Credit Acceptance dealer-partners.
Read More →IRVINE, CA – Charlie Vogelheim, executive editor of the Kelley Blue Book and well-known auto industry leader will be departing the company on January 21. Vogelheim has accepted a key position at J.D. Power and Associates.
Read More →TOKYO, JAPAN – Yahoo Japan Corp., the operator of the large Internet auction site, has held discussions with financial institutions over a plan to freeze bank accounts of fraudulent auction sellers, according to the Yomiuri Shimbun newspaper.
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