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NewsFebruary 19, 2004

Chrysler Group Certified Pre-Owned Vehicle Sales Rise 25 Percent in 2003

Chrysler Group reported certified pre-owned vehicle (CPOV) sales of 81,553 units in 2003, an Increase of 25 percent over 2002 when 65,524 units were sold.

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NewsFebruary 19, 2004

California Entrepreneur Believes He Can Move Used Autos

Entrepreneur Payam Zamani started selling used cars recently through his site OpenAuto.com, announcing this addition to his strategy at a late January trade show of auto dealers in Las Vegas, according to the Oakland Tribune.

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NewsFebruary 19, 2004

First Manheim Simulcast Sale Held in the United Kingdom

Manheim announced on February 9 that its European division, Manheim Europe, offered vehicles via Manheim Simulcast for the first time on Jan. 15.

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NewsFebruary 19, 2004

DallasAutoAuction.com Provides a New System for Buying Vehicles Online

DallasAutoAuction.com, recently launched by Net-Auctions, Inc., provides a car-buying and selling system for the used- or new-car marketplace.

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NewsFebruary 19, 2004

Nationwide Auction Systems Awarded 2003 Business of the Year

Located at 1 Oak Road in Benicia, Nationwide Auction Systems was awarded the 2003 Business of the Year award during the Benicia Chamber of Commerce’s 57th Annual Installation of Officers Banquet and Business of the Year Awards held at the historic clock tower.

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NewsFebruary 19, 2004

New Survey Shows Automotive Remarketers Shifting to Online Auctions, Other Upstream Remarketing Strategies

Online auctions and other upstream remarketing activities are quickly becoming key components of automotive remarketers’ sales strategies, according to a new industry survey conducted by Emercent Solutions and the International Automotive Remarketers Alliance (IARA).

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NewsFebruary 19, 2004

Luppino Promoted to Vice President and Chief Technology Officer

Manheim has announced that Joe Luppino has been promoted to vice president and chief technology officer. He previously served as vice president and chief operating officer of the Manheim Interactive division.

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NewsFebruary 19, 2004

Manheim Wins 12 of 14 Ford 2003 Auction Quality Awards

Manheim has announced that seven of its auctions won 12 of the 14 2003 Auction Quality Awards presented by Ford Motor Company for their outstanding performance in 2003, including the top award, the Golden Gavel.

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NewsFebruary 19, 2004

PHH Arval Acquires First Fleet Corp.

PHH Arval has entered into an agreement to purchase First Fleet Corp, a national provider of asset management, operational support and financial services for companies that maintain private fleets of trucks, trailers and equipment, according to www.AutoRemarketing.com.

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NewsFebruary 19, 2004

BMW Launching Warranty Program for Older and High-Mileage Vehicles

BMW of North America LLC is launching an extended warranty program for older and high-mileage vehicles to boost sales of used vehicles that dealers sell a second or even a third time, reported Automotive News.

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