The Association of Consumer Vehicle Lessors (ACVL) announced on September 15 that member leasing companies reporting both 2001 and 2002 volume had a total reduction in new leases from 2.02 million to 1.89 million.
ALLETE, Inc. (NYSE: ALE) announced today that Cheryl Munce has been named president of ADESA Impact, ALLETE’s total loss vehicle remarketing company based in Indianapolis.
Situated on more than 20 acres just outside of Boston, Quincy Auto Auction considers itself ideally positioned for growth.
SGS Auto Services, the nation’s largest vehicle inspection company, has created two new service lines as part of a strategy to enhance the vehicle condition reports that it provides for leading vehicle manufacturers and financial institutions nationwide.
More than 1,200 dealers from 29 states, Costa Rica, the Dominican Republic, and Puerto Rico showed up at the Manheim Skyline Auto Exchange 49th Anniversary sale on June 17, 2003.
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 Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
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