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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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GE Commercial Finance, Fleet Services has netted an additional $6.9 million in resale for out-of-service fleet vehicles since the start of its partnership with Carfax on Oct. 13, 2003. As part of the partnership, wholesale buyers purchasing used vehicles from Fleet Services have had access to extensive documentation on these vehicles’ past service and maintenance through Carfax Vehicle History Rep
Read More →ADESA Inc. is ready to grow now that it is spun off from ALLETE Inc., company executives told Automotive News.
Read More →Remarketing Services of America, Inc. a unit of Fiserv Lending Solutions, will now be known as RSA Solutions, Inc. (RSA) to reflect the organization's expanded scope of service offerings.
Read More →Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled Feb. 16 at the Mandalay Bay Resort and casino in Las Vegas.
Read More →Berta Phelps, vice president of best practices at Manheim, has been inducted into the National Auto Auction Association (NAAA) Hall of Fame.
Read More →Buyers, sellers, and consignor representatives turned out in force to celebrate the August opening of Brasher’s Northwest Auto Auction’s all new facility in Eugene. The two-day event began with an open house during which owner John Brasher and general manager Lisa Larkin welcomed more than 450 customers for a tour of the auction’s new home.
Read More →Jennifer Maggart has been named national account manager for both the Kansas and Missouri Auto Auctions, reports owner Gregg Boswell. She will direct customer service activities for national consignors at both auction facilities, as well as develop new business.
Read More →Two of the nation’s auction market reports – Manheim’s Used Vehicle Value Index and ADESA’s Analytical Services – each provide a monthly analysis of the used-vehicle market conditions and an outlook commentary.
Read More →Manheim's President and CEO Dean Eisner announced that the company will host a conference featuring automotive industry analyst Maryann Keller at the Manheim Drive Center here Nov. 18. Other event highlights include:
Read More →Manheim’s Detroit Auto Auction hosted the largest-ever Chrysler auction Oct 14 to celebrate 40 years of Manheim and DaimlerChrysler remarketing.
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