Auto Salvage Company Buys Eugene, OR, Facility
Automobile salvage and auction company Copart, Inc. announced on September 8, that it has purchased a salvage facility in Eugene, OR, according to East Bay Business Times.
Automobile salvage and auction company Copart, Inc. announced on September 8, that it has purchased a salvage facility in Eugene, OR, according to East Bay Business Times.
Statesville Auto Auction is well on the way to reaching its goal of having all 12 condition report (CR) writers certified as Level 3 Inspectors.
The pricing battle between the domestic automakers heated up and headed into its third year, as General Motors became the latest company to offer financing deals and rebates on new models.
ABC West Michigan has launched FasTraK, a new program that features auction-guaranteed vehicles. FasTraK currently offers GM, Ford, and DaimlerChrysler products in a four-week rotation schedule with each manufacturer’s products having a different week. The auction plans to use the open week to highlight imports.
ABC Washington/Dulles is building a new state-of-the-art mechanical shop, which will operate with 14 bays.
NAAA received word that Claude Scoggins, 82, passed away on May 14, 2003.
ADESA Seattle today announced that Greg Beck is its new general manager. Beck was previously employed as GM at ADESA Sacramento.
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.
Toyota Financial Services (TFS) and Lexus Financial Services (LFS) continue to maintain their leadership positions in leveraging technology with the announcement of their latest venture.
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.
The confirmed speakers for Conference of Automotive Remarketing (CAR 2004) include some of the most influential leaders in automotive remarketing. They will share their collective knowledge, industry insights, and market forecasts for 2004 and beyond at the Mandalay Bay Resort and Casino in Las Vegas on January 21-23, 2004.
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.
Imperial Auto Auction has announced that Laura DeLap has been promoted to assistant general manager. DeLap previously served as business manager at the facility.
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.
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
The Conference of Automotive Remarketing provided the ideal marketplace for industry businesses and attendees to see the latest in services and innovations for consignors and auctions.
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