Toyota Financial Services announced on July 21 a new program that allows Toyota and Lexus dealers to buy off-lease vehicles online three to five days after the vehicles are turned in by lessees.
Read More →Automobile Consumer Services, Inc. (ACS), an online direct-to-consumer auto lessor, released a list of the top 10 most requested used vehicles from its auto leasing website www.LeaseCompare.com for the second quarter of 2003.
Read More →Two of the automotive industry’s online vehicle information companies announced on July 29, 2003 a data sharing partnership. NADAguides.com, a leading vehicle information resource on the Internet, and Chrome Systems Corporation, a provider of automotive data, configuration technology and commerce solutions, teamed up to provide the automotive industry with a comprehensive database of new- and used
Read More →When Ford Motor Co. sold vehicles via Simulcast for the first time at Manheim’s 166 Auto Auction in Springfield, MO, last month, it marked the second technological innovation that Ford and Manheim Auctions have teamed up to launch in the last two years.
Read More →Saab Cars USA reported a record month for Certified Pre-Owned vehicles. Consumers purchased 997 pre-owned Saabs, a 165 percent increase over July 2002. This represents 23 percent of total monthly volume, a figure in-line with other entry luxury group CPO programs. Year-to-date Saab CPO sales are up 138 percent to 5,133 vehicles.
Read More →Kevin Freudenberg was hired as director of paint operations for Dent Wizard International.
Read More →Donald V. Esmond, senior vice president and general manger of Toyota Division, will be the keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23, 2004 at the Mandalay Bay in Las Vegas. Esmond will speak on Tuesday, Jan. 22 on “Positioning Residuals, Certified Programs, and Direct-to-Dealer UC Sales.”
Read More →Manheim Auctions has announced that Doug Kramer has been named assistant general manager of Dallas Ft. Worth Auto Auction in Ft. Worth, TX, and that Peggy Sprenger and Scott Gallagher have been promoted to assistant general managers of Kansas City Auto Auction in Kansas City, MO.
Read More →Manheim’s Florida Auto Auction of Orlando had notable Simulcast success at its recent three-day Anniversary Sale, accepting nearly 2,600 online bids and selling over 400 vehicles online. The sale proved to be the greatest success for Simulcast since its inception.
Read More →ADESA Kansas City announced today that Rob Reed is its new fleet/lease manager. Reed, the former national account manager at ADESA Dallas, will be responsible for building and maintaining relationships with ADESA Kansas City’s fleet, lease, and captive finance customers.
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