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Operationsby StaffJuly 8, 2004

Lease Volume Down Another 20% in 2003

A recently released Association of Consumer Vehicle Lessors survey reveals that member leasing companies reported a total reduction in new leases from 2 million in 2002 to 1.6 million in 2003.

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Operationsby StaffJuly 8, 2004

Manheim Promotes Al Cuomo

Manheim has promoted Sal Cuomo to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md. He previously served as institutional manager of Newburgh Auto Auction in Newburgh, N.Y.

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Operationsby StaffJuly 8, 2004

ALLETE Completes Sale of Remaining Water Utilities

ALLETE, Inc., majority owner of vehicle remarketer ADESA, Inc., has completed the sale of its remaining 72 water and wastewater systems to Aqua America, Inc. and Seminole County, Fla. for a total of $18 million.

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Operationsby StaffJuly 8, 2004

Edmunds.com Names Best-Bet Used Cars

Edmunds.com, an Internet resource for consumer automotive information, has released its top best-value choices in the used vehicle market.

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Operationsby StaffJuly 1, 2004

Sneak Preview of IARA Online Remarketing Module Curriculum at 2004 Roundtable in Chicago

The International Automotive Remarketers Alliance (IARA) will hold its next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, July 21-23 at the Fairmont Hotel in downtown Chicago.

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Operationsby StaffJuly 1, 2004

Lease Volume Down Another 20 Percent in 2003

The Association of Consumer Vehicle Lessors (ACVL) has announced that member leasing companies reported a total reduction in new leases from 2 million in 2002 to 1.6 million in 2003.

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Operationsby StaffJuly 1, 2004

NADA Proclaims October “Booster Seat Safety Month”

The National Automobile Dealers Association (NADA) has proclaimed October "Booster Seat Safety Month."

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Operationsby StaffJuly 1, 2004

The National Association of Fleet Resale Dealers to Hold 2004 Annual Conference in the Bahamas

The National Association of Fleet Resale Dealers (NAFRD) will hold its 2004 Annual Conference “NAFRD Gone Platinum” September 9-12 in Paradise Island, Bahamas, at the Atlantis Resort (www.atlantis.com).

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Operationsby StaffJuly 1, 2004

DaimlerChrysler Services Adds Internet Simulcast Technology to the Auction Block

DaimlerChrysler Services North America has announced an addition to its benchmark remarketing services with the introduction of Internet simulcast auction technology available to all Chrysler Financial and Mercedes-Benz Credit dealers at used-car auctions.

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Operationsby StaffJune 24, 2004

CarMax Reports Flat Earnings

Auto retailer CarMax Inc. posted flat earnings amid disappointing used-car sales, and the company said that second-quarter earnings are expected to be weaker than analysts expected.

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