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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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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).
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →More than $1.4 million in Internet sales for Volkswagen Credit (VCI) were posted at Brasher’s Cascade Auto Auction in 2003.
Read More →Next Phase Media, Inc., an online referral source, and its subsidiary OpenAuto.com, announced a new online used-car service that improves the efficiency of matching a buyer with their pre-owned vehicle.
Read More →IDS Scheer North America, the leading provider of business process excellence services and tools, announced a major customer win in the automotive industry with Onlane, Inc.'s successful implementation of the mySAP Business Suite software including mySAP Financials.
Read More →Manheim has announced that Todd Pfeifer has been promoted to auction manager at Omaha Auto Auction.
Read More →Auction Management Systems, developer of the OnLine Ringman system, reports that more than 10,000 vehicles have been sold at ServNet auctions using OnLine Ringman.
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