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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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Autobytel Inc. has signed an agreement to provide a national online customer referral program for the Asbury Automotive Group, the fourth-largest auto retailer in the nation.
Read More →After nearly four years as ADESA’s market research and public relations manager, Beth King has accepted a position with Synergy Marketing Group, an Indianapolis-based public relations agency.
Read More →An autopsy has ruled out murder in the death of a baby boy whose decomposing remains were discovered in the back of a SUV on Aug. 23, according to the Brampton Guardian newspaper.
Read More →ADESA, Inc., has named John Beede to the position of director of training and development.
Read More →CarMax, Inc. is reducing sales and earnings expectations for the second quarter ending August 31, based on softer than expected sales. CarMax has lowered second quarter comparable store used unit performance expectations to a range of -5 percent to -7 percent from the prior range of -5 percent to 1 percent. CarMax has revised second quarter earnings expectations to a range of 27 cents to 30 cents
Read More →Brasher’s Auto Auctions have introduced a new tool to help make finding and keeping track of vehicles easier than ever before. Called Auction e-vita, it is based on Palm OS technology, and allows dealers to search, sort, value, and analyze the vehicles available at the auction on a given day using a hand-held PDA device.
Read More →Manheim and several major U.S. banks have created an upstream vehicle sales platform set to launch in September that will give major banks a more prominent presence on the Internet.
Read More →Bobby Sylvester has been named fleet/lease manager at Brasher’s Cascade Auto Auction, reports general manager Jerry Hinton.
Read More →Greater Quad City Auto Auction recently celebrated 56 years in the business with an anniversary sale that concluded with a prize giveaway event.
Read More →Carolina Auto Auction has promoted Eric Autenrieth, son of owners Henry and Patty Stanley, to national asset remarketing manager.
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