This year's National Auto Auction Association's Convention and Equipment & Services Expo takes place October 1-5, 2003 at Grand Americac/Little America Hotel & Tower in the heart of Salt Lake City.
Companies with higher mileage vehicles typically don't get the benefit of a warranty program. Now, Wheels, Inc. has extended the mileage limits on its three-month/3,000-mile warranty to 110,000 miles.
Four industry associations representing retail lessors, automotive finance companies, fleet-lease companies, and car rental companies have announced they will co-sponsor the Conference of Automotive Remarketing (CAR), scheduled Jan. 21-24, 2004 at the Mandalay Bay Resort and Casino in Las Vegas.
The first NASCAR-themed sale by the Pennsylvania Auto Dealers’ Exchange (PADE) on July 23, 2003, set a new record for that week’s sale in the auction’s 46-year history.
ADESA Mexico announced that Michel Gillies is its new general manager. ADESA Mexico is one of 54 wholesale vehicle remarketing auctions owned by Indianapolis-based ADESA Corp., an ALLETE company.
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.
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.
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
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.
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.
Kevin Freudenberg was hired as director of paint operations for Dent Wizard International.
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.”
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.
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.
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.
The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
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