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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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More than 100 remarketers attended the three International Automotive Remarketing Alliance (IARA) Roundtable sessions held at the Mandalay Bay Hotel in Las Vegas on Jan. 21, 2004.
Read More →Copart has opened a new salvage facility in Helena, Montana. With the addition of this 22-acre location Copart now has 105 locations in the United States and Canada.
Read More →In 2003, its first full year in operation, more than 21,000 unique dealers attended Manheim sales via Simulcast an average of 5-6 times and recorded more than 307,000 online bids.
Read More →eBay bought one of the largest online used-car markets in Germany for 121 million euros (USD151.25 million) on January 26. The deal must be approved by German regulators and is expected to close some time in the second quarter.
Read More →Vehicle Title LLC announced that its flagship product, TitleGuard Vehicle Title Insurance, has been selected by Warrantech Corporation to provide insured vehicle title history information as an added consumer benefit for its new Independence Used Vehicle Service Contract program.
Read More →The 9th annual Conference of Automotive Remarketing (CAR), known throughout the industry as the consignor's show, attracted 409 remarketers to the annual meeting, held at the beautiful Mandalay Bay Resort in Las Vegas on Jan. 21-23.
Read More →CARFAX, a provider of vehicle history reports, now plays a key role in Audi's Certified pre-owned (CPO) vehicle program.
Read More →Manheim has announced that Rich Curtis has been promoted to auction manager of South Seattle Auto Auction. He formerly served as assistant general manager of the facility.
Read More →ADESA Corp. announced on January 26, that it has consolidated its ADESA wholesale vehicle auction operations under the leadership of Jim Hallett.
Read More →More than 70 franchised dealers and buyers met online last month to purchase more than 400 factory-owned BMWs during a first-of-its-kind Manheim Simulcast Cinema sale, said Used Car News.
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