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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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Manheim’s 2004 Used-Car Market Report (UCMR) won the Gold Pen Award – the highest honor given by the Nashville, Tenn., chapter of the International Association of Business Communicators (IABC) at its annual awards program June 10.
Read More →BenchMark Consulting International, an international management consulting firm to the financial services industry, announced the results of the 2004 Consumer Credit Collections Study, which revealed a slight decrease in the overall average consumer loan dollar delinquency rate, a rise in the overall charge-off rate, and a decline in the recovery rate, year over year.
Read More →The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.
Read More →GE Commercial Finance, Fleet Services, has partnered with Remarketing Solutions, a wholly owned subsidiary of Manheim, to develop a direct-to-employee online remarketing channel.
Read More →Chattanooga Auto Auction will celebrate its 8th anniversary on July 13th.
Read More →Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will be speaking at the national Automotive Leasing Management Forum.
Read More →Auction General Manager Tory Miran has announced that Idaho Auto Auction has earned Bank of America’s Auction of the Year Award for 2003.
Read More →Auction Management Solutions, Inc. (AMS), has announced the availability of OnLine RingRep, a new module in the OnLine Ring suite of products, which expands an auction’s ability to allow remote sellers to represent their cars without physically being at the auction.
Read More →Manheim has announced that Hatfield Auto Auction in Hatfield, Pa., marked its 40th year with DaimlerChrysler by selling all 1,000 vehicles that ran across the block at its Home Run Derby sales event held June 10.
Read More →Mercedes-Benz USA reported on June 2 its best month ever for its Mercedes-Benz Certified Pre-Owned program with sales of 5,512 units, an increase of 11.1 percent over May 2003.
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