AutoTrader.com, the world’s largest automotive marketplace, and WorldNow, a leading provider of Internet technology, revenue, and content solutions for local broadcasters, announced that they have partnered AutoTrader.com content with the WorldNow network of television Web sites.
Read More →Greater Quad-City Auto Auction (GQCAA) has teamed with the General Services Administration (GSA) to hold the first public, client-specific Internet auctions in May and June 2003.
Read More →Manheim’s Simulcast had record-breaking success at the BMW highline sale at Manheim’s Atlanta Auto Auction on July 2, 2003. Of 130 vehicles sold, 84 percent were purchased by online dealers via Simulcast.
Read More →Volkswagen of America, Inc., and Audi of America, Inc. have announced new and improved branded extended service contracts, pre-paid maintenance programs, and GAP debt waiver and insurance policies for customers.
Read More →Chattanooga Auto Auction posted a record for Honda Financial Services, recording the largest number of bids by and the largest numbers of cars sold to Internet buyers at its June 10th Online Ringman sale.
Read More →DaimlerChrysler has made changes to the Chrysler group certified used-vehicle program. The company has dropped its per-vehicle certification fee for dealers by $100, to $295, on used 2003-model Chrysler, Dodge, and Jeep vehicles. In addition, it has added a three-month/30,000-mile bumper-to-bumper warranty.
Read More →ADESA Ocala recently announced that Jeff Raynor, previously employed as assistant general manager at ADESA Jacksonville, is its new general manager. Replacing Raynor as assistant general manager in Jacksonville is Jason Martin, formerly employed by ADESA Indianapolis as the auction’s fleet/lease manager.
Read More →Carl Miskotten, co-founder of Auction Broadcasting Company (ABC), announced on July 21, 2003 that he will be selling his interest in the company to Mike Hockett, the other co-founder, and to ABC.
Read More →Doron Levin, columnist for Bloomberg News, says that prices of used cars have been falling faster than those of new cars, widening the gap between them. He added that that is bad news if you own a used vehicle or plan to trade one in. But it could be an advantage for those in the market and willing to consider buying a slightly used car instead of a new one.
Read More →A pilot program between Wal-Mart and Asbury Automotive here to sell used cars at Wal-Mart Supercenters ended on July 11, 2003, because the volume of customer traffic did not meet expectations. Asbury Automotive, the country’s fourth-largest automobile retailer, shut down its Price 1 Auto Stores at Wal-Mart stores in Richmond, Uvalde, Pasadena and Orange, TX.
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