PHH Arval has entered into an agreement to purchase First Fleet Corp, a national provider of asset management, operational support and financial services for companies that maintain private fleets of trucks, trailers and equipment, according to www.AutoRemarketing.com.
Manheim has announced that seven of its auctions won 12 of the 14 2003 Auction Quality Awards presented by Ford Motor Company for their outstanding performance in 2003, including the top award, the Golden Gavel.
DallasAutoAuction.com, recently launched by Net-Auctions, Inc., provides a car-buying and selling system for the used- or new-car marketplace.
Manheim announced on February 9 that its European division, Manheim Europe, offered vehicles via Manheim Simulcast for the first time on Jan. 15.
Chrysler Group reported certified pre-owned vehicle (CPOV) sales of 81,553 units in 2003, an Increase of 25 percent over 2002 when 65,524 units were sold.
Both Manheim’s Portland Auto Auction and Mississippi Auto Auction won the AmeriCredit Corp. Auction of Excellence award for the West Coast and Southeast regions, respectively.
National Auto Research, also known as Black Book, has promoted Ricky Beggs and Tim West to the positions of vice presidents.
Manheim has announced that Janet Hendrixson has been promoted to assistant general manager, sales and marketing, for Nashville Auto Auction. She previously served as general sales manager for the auction.
ADESA Corp. is pleased to announce that its President and Chief Operating Officer James P. Hallett has received citizenship from the United States Bureau of Citizenship and Immigration Services (formerly known as the INS).
BMW of North America LLC is launching an extended warranty program for older and high-mileage vehicles to boost sales of used vehicles that dealers sell a second or even a third time, reported Automotive News.
Entrepreneur Payam Zamani started selling used cars recently through his site OpenAuto.com, announcing this addition to his strategy at a late January trade show of auto dealers in Las Vegas, according to the Oakland Tribune.
More than $1.4 million in Internet sales for Volkswagen Credit (VCI) were posted at Brasher’s Cascade Auto Auction in 2003.
In a year when incentives kept new-car sales high and prices low, used-car sales more than held its own, with a record 43.6 million vehicles retailed in 2003 at a value of $370 billion, according to Manheim's 2004 Used Car Market Report.
Cars.com and Kelley Blue Book have announced the beginning of a partnership first revealed in 2003, under which cars.com will exclusively power Kelley Blue Book's "Blue Book Classifieds" and "Sell Your Car" channels on kbb.com, reported AutoRemarketing.com.
Manheim enters 2004 with a growing suite of technology services that are allowing its customers to gain real-time insight into market conditions and buy or sell vehicles at every stage of the remarketing cycle.
The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
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