Remarketers who attend CAR at the Mandalay Bay Resort in Las Vegas on January 21-23 will have the opportunity to win a fabulous Oceania Cruise to an exotic destination of their choice.
The 2004 IARA Remarketing Roundtable Series, designed to address the needs and priorities of vehicle remarketers, is slated to kick off January 21, immediately prior to the 2004 Conference of Automotive Remarketing (CAR), at the Mandalay Bay Hotel and Casino in Las Vegas.
Following action taken by the New York state Attorney General's office, Fuccillo Ford of East Greenbush, NY, has agreed to pay more than $30,000 in restitution for failing to disclose to customers the true history of some of the used vehicles it sold, according to WXXA TV in Albany.
Creative use of new remarketing techniques has enabled companies with large portfolios of used vehicles to maintain used-car values in the face of the pricing challenge posed by heavy incentives on new cars, said Manheim president and CEO Dean Eisner.
Manheim has announced that John Deck and Mike Mosier have been named assistant general managers at Georgia Dealers Auto Auction. Deck formerly served as factory and fleet/lease manager at Denver Auto Auction in Aurora, Colo., while Mosier was the Northeast regional controller for Manheim.
The city of New Bedford has placed a one-year moratorium on the sale of used-car licenses as it attempts to create a new ordinance that will prevent "fly-by-night" operators from receiving licenses, according to the Standard-Times newspaper.
ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.
Due to overwhelming demand for a better lease termination disposition channel, Nationwide Auction Systems has created a first-of-its-kind lease turn-in center for financial institutions, manufacturers, and lease companies.
Rob Chesney, director, national sales of eBay Motors, will be the luncheon keynote speaker at the 2004 Conference of Automotive Remarketing (CAR), which will be held on Jan. 21-23 at the Mandalay Bay Resort and Casino in Las Vegas. Chesney will speak about “Breaking Barriers” in the remarketing industry on Tuesday, January 22.
The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.
Jupiter Research predicts that more than a third of all new car sales will be "Internet-generated" by 2008, saying more and more people will make their buying decisions because of information they've turned up online, whether the actual purchase takes place online or off.
ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of Indianapolis-based ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.
The 2004 IARA Remarketing Roundtable Series, designed to address the needs and priorities of vehicle remarketers, is slated to kick off January 21, immediately prior to the 2004 Conference of Automotive Remarketing (CAR), at the Mandalay Bay Hotel and Casino in Las Vegas.
A new lemon law in New Mexico will help protect consumers who buy used cars. The law, which takes effect New Year’s Day, will force dealers to help pay for some repairs.
CarMax plans to open a dozen used-car superstores over the next 14 months, according to Automotive News.
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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