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Operationsby StaffJanuary 15, 2004

Used-Car Sales Licenses Frozen for One Year

The city of New Bedford has placed a one-year moratorium on the sale of used-car licenses as it attempts to create a new ordinance that will prevent "fly-by-night" operators from receiving licenses, according to the Standard-Times newspaper.

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Operationsby StaffJanuary 8, 2004

Rob Chesney from eBay Motors to Join CAR 2004 as Luncheon Keynote

Rob Chesney, director, national sales of eBay Motors, will be the luncheon keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23 at the Mandalay Bay Resort and Casino in Las Vegas. Chesney will speak about “Breaking Barriers” in the remarketing industry on Tuesday, January 22.

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Operationsby StaffJanuary 8, 2004

Nationwide Auction Systems Lease Disposition Centers

Due to overwhelming demand for a better lease termination disposition channel, Nationwide Auction Systems has created a first-of-its-kind lease turn-in center for financial institutions, manufacturers, and lease companies.

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Operationsby StaffJanuary 8, 2004

ADESA Names Cameron Hitchcock Chief Financial Officer

ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of Indianapolis-based ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.

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Operationsby StaffJanuary 8, 2004

Auction Pioneer Mike Richardson to be Recognized with IARA Circle of Excellence Award

The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.

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Operationsby StaffJanuary 8, 2004

Online Auto Sales Predicted to Continue Rising

Jupiter Research predicts that more than a third of all new car sales will be "Internet-generated" by 2008, saying more and more people will make their buying decisions because of information they've turned up online, whether the actual purchase takes place online or off.

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Operationsby StaffJanuary 8, 2004

IARA Announces Agenda for 2004 Remarketing Roundtable in Las Vegas

The 2004 IARA Remarketing Roundtable Series, designed to address the needs and priorities of vehicle remarketers, is slated to kick off January 21, immediately prior to the 2004 Conference of Automotive Remarketing (CAR), at the Mandalay Bay Hotel and Casino in Las Vegas.

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Operationsby StaffDecember 31, 2003

New N.M. Law to Help Protect Consumers from Problem Cars

A new lemon law in New Mexico will help protect consumers who buy used cars. The law, which takes effect New Year’s Day, will force dealers to help pay for some repairs.

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Operationsby StaffDecember 31, 2003

IARA to Recognize Auction Pioneer Mike Richardson with Circle of Excellence Award

The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.

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Operationsby StaffDecember 31, 2003

Study Reveals Private Party Used Cars Sold Online Rife With Costly Problems

A national study conducted by CNW Marketing Research, Inc., in November of more than 38,200 online used-car buyers showed nearly 13 percent of those who purchased from a private party said the condition of the vehicle was significantly worse than advertised.

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