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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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MENLO PARK, CA – ATC-Onlane, Inc., an online auction company for automotive dealers to buy and sell wholesale vehicles, has added new consignors, including Audi Financial Services, Automotive Resources International (ARI), Mike Albert Leasing, and Vanguard Car Rental USA, Inc.
Read More →GAINESVILLE, GA – Used-vehicle values were strong across the U.S. during the first quarter of 2007.
Read More →ATLANTA – OVE.com, a virtual vehicle marketplace for dealer-to-dealer and commercial consignor business transactions, is offering first-time buyers a free, full post-sale inspection (PSI) during the month of April, worth up to $145. This inspection includes a frame check and mechanical check on all arbitratable items and provides the buyer with an up to 14-day guarantee on inspected items.
Read More →DELRAY BEACH, FL – In 2000, FLD, Inc., Fleet Lease Disposal, funded and staffed Veretech, LLC with its then 10-member in-house technology department. FLD Chief Executive Officer Michael Sheinson was the visionary for the basic software utilized by Veretech, LLC, which operates an online vehicle trade-in and sales lead generation application, according to the company.
Read More →Out-of-service vehicles sitting idle cost companies time, money, and space. New upstream remarketing programs can minimize days to sell and generate savings.
Read More →PORTLAND, OR – Chrome Systems Inc. has released additional comparison functionality in its Carbook Fleet Edition tool, a Web-based, multi-user vehicle pricing and configuration system made specifically for fleet sales and purchasing teams.
Read More →CARMEL, IN – ADESA, Inc. has announced that Glass, Lewis & Co., an independent voting advisory service, recommends ADESA stockholders vote for the company's proposed merger with KAR Acquisition, Inc., at the Mar. 28 Special Meeting of Stockholders.
Read More →LONG BEACH, CA – Tokio Marine, part of the $32 billion Millea Holdings, Inc., has acquired a 15-percent interest in Alliance Inspection Management (AIM), a national, independent third-party inspection company.
Read More →NEW YORK – Hearst Corp. has acquired private technology company Veretech, LLC, which operates online vehicle trade-in and sales lead generation applications now used by more than 2,000 consumer retail Web sites, manufacturer sites, and Web portals.
Read More →MT. LAUREL, N.J. – Automotive Resources International (ARI), has added ARITruckDirect to its remarketing program.
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