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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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Nassau Asset Management’s NasTrac Quarterly Index shows a 27-percent decrease in repossessions of construction equipment and a 61-percent drop in truck and trailer repossessions the first quarter of 2004 compared with the same quarter last year.
Read More →Manheim has announced that Harrisonburg Auto Auction in Harrisonburg, Va., placed second among Remarketing Services of America’s (RSA) leading auctions for 2003.
Read More →Nationwide Auction Systems has been awarded a five-year contract to dispose of drug-seized vehicles for the United States Marshals Service, Central District of California.
Read More →Chrysler Group reported Certified Pre-Owned Vehicle (CPOV) sales of 25,121 units for first quarter 2004, a new sales record and an increase of 18 percent compared to first quarter 2003 when 21,249 units were sold.
Read More →Pennsylvania Auto Dealers Exchange (PADE) has received the national Top Performing Auction 2003 award from Remarketing Services of America, Inc. (RSA), a unit of Fiserv, Inc. This marks the second time since 2001 that PADE has achieved this award.
Read More →The National Auto Auction Association (NAAA) has announced the creation of the National Auto Auction Association Scholastic Foundation, Inc. (the "Foundation").
Read More →AmeriFleet Transportation announced April 20 that it has wholly acquired Wichita, Kansas-based Compliance & Rick Services, Inc. (CRS) in a move to expand its menu of services to the medium- and heavy-duty truck leasing arena.
Read More →Serco Group Inc. of Gibbsboro, N.J., announced April 19 that it was awarded the vehicle fleet maintenance and management contract for Peco Energy Co.'s operations in Philadelphia, according to the Philadelphia Business Journal.
Read More →PHH Arval announced April 12 that it now offers a new way to manage short-term, maintenance-related vehicle rentals for its clients with the introduction of its Maintenance Rental Program.
Read More →Power Information Network (PIN), LLC, an affiliate of J.D. Power and Associates that provides automotive solutions to dealerships, manufacturers, and other industry companies, announced that it will team with remarketing specialty company Driveitaway to produce a real-time retail pricing application for fleet managers and corporate lessors.
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