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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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The number of new-vehicle buyers who owe more on their trade than it is worth – the classic "upside-down" scenario – has increased substantially over the past three years, according to retail transaction data from the Power Information Network (PIN), LLC, an affiliate of J.D. Power and Associates.
Read More →Brasher’s Sacramento Auto Auction will host its 26th anniversary sale on March 30, providing an opportunity for auction customers to win several prizes, including a 2003 Mustang convertible.
Read More →A full schedule of Spring events is planned for March, April, and May at Flint Auto Auction, including a March Madness sale, held on March 17.
Read More →ServNet Auction Group has announced a trade program, the ServNet Racing Team Victory Lane, aimed at building loyalty and repeat business among the nation’s independent automobile retail dealers.
Read More →With additional marketing depth in the world of business-to-business media, Bobit Publishing is now known as Bobit Business Media, effective immediately.
Read More →Automobile Consumer Services, Inc. (ACS), a leader in online, direct-to-consumer auto leasing, has chosen to insure all of its www.LeaseCompare.com customers against hidden DMV title defects for up to $50,000 per vehicle with TitleGuard Vehicle Title Insurance.
Read More →ADESA Indianapolis and ADESA Golden Gate auto auctions are the recipients of auction awards presented by Dent Wizard International, a leader in Paintless Dent Removal.
Read More →Manheim has announced that Ryan White, most recently factory manager, has been promoted to assistant general manager of Florida Auto Auction of Orlando in Ocoee.
Read More →Auction Broadcasting Company (ABC) recently announced the promotion of Jim Harman to general manager of its Washington/Dulles facility.
Read More →Manheim announced today that Tony Giurato, most recently vice president of operations for General Motors, has been named vice president – operations, Midwest Region.
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