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Operationsby StaffSeptember 4, 2003

National City Appoints Garry Marquiss to Lead Automotive Finance Division

Greg Jelinek, executive vice president of National City Bank and manager of dealer finance, announced September 2, 2003 the appointment of Garry Marquiss as general manager of National City’s automotive finance division.

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Operationsby StaffSeptember 4, 2003

Resale Values Down 5% in 2003 Compared to ’02 By Mike Antich

The Automotive Lease Guide (ALG), a respected residual forecasting guidebook, predicts that average resale values in the 2003 calendar year will be five percent lower than those in 2002.

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Operationsby StaffSeptember 4, 2003

ADESA Names Greg Beck, Jim Sale to Auction General Manager Positions

ADESA Seattle today announced that Greg Beck is its new general manager. Beck was previously employed as GM at ADESA Sacramento.

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Operationsby StaffAugust 26, 2003

AutoIMS Helps Quincy Auto Auction Plan for Growth

While Quincy Auto Auction is physically located in an ideal spot for growth, General Manager Mike Cooley reports that the efficiency of the AutoIMS system is helping attract additional national accounts. “We’ve been using the system with several clients for the past six months, and they’re pleased with the results,” Cooley says.

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Operationsby StaffAugust 26, 2003

Imperial Auto Auction Names Laura DeLap Assistant General Manager

Imperial Auto Auction has announced that Laura DeLap has been promoted to assistant general manager. DeLap previously served as business manager at the facility.

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Operationsby StaffAugust 26, 2003

SGS Implements New Customer Service Center

SGS Automotive Services announced on August 14 that it has implemented a new Customer Service Center in Cincinnati for appointment scheduling and customer service that is speeding the process of readying off-lease and other vehicles for resale through the Internet.

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Operationsby StaffAugust 26, 2003

Will Future Resale Values for Full-Size Pickups Parallel Those of Full-Size SUVs?

By Mike Antich, Editor, Vehicle Remarketing magazine. A new concern is emerging in the used-vehicle market about the possibility of a future softening of resale values for full-size pickups. Currently, and throughout the 1990s, resale values for full-size pickups have been extremely strong. The concern is that the supply-and-demand imbalance we are seeing today with SUVs in the wholesale market

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Operationsby StaffAugust 26, 2003

WebVRS Web-hosted Vehicle Remarketing Inventory System Available for Licensing

Programming Concepts, Inc. (PCI) announced on August 5 the introduction of its Internet-based vehicle remarketing system (webVRS).

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Operationsby StaffAugust 26, 2003

Autobytel Launches AutoMatch Program

A new off-lease remarketing program, known as AutoMatch, has been developed by autobytel to facilitate the wholesaling and retailing of vehicles by matching dealers and customers to vehicles prior to grounding using an Internet-based system.

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Operationsby StaffAugust 21, 2003

Great Quad-City A/A and GSA Hold Public Internet Auction

Greater Quad-City Auto Auction has teamed with General Services Administration (GSA) to hold the first public, client-specific Internet auctions.

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