
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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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
Read More →Ford Motor Co., which continues to cut costs while fighting extreme pricing competition in the United States, reported a narrower loss in the third quarter, strengthened by results from its financial services arm.
Read More →Drive Financial Services and ServNet have introduced a two-tiered certification program, geared to increase sales of Drive Financial vehicles at ServNet auctions.
Read More →ServNet and AutoTradeCenter have announced the formation of a strategic remarketing partnership for online vehicle sales using ATC’s Internet auction platform.
Read More →General Motors Corp. stopped selling cars through the Internet in Japan after the two-year effort failed to attract many buyers, the automaker said Thursday.
Read More →Owner Wade Walker has announced that Jonathan Lightfoot has been named National Sales Representative at Sparkling City Auto Auction. He replaces James Dillon, who has returned to manage his family’s farming business.
Read More →Keith Lelux, owner of Charleston Auto Auction, has announced that Chris Wise is the auction’s new National Remarketing Manager. Wise comes to Charleston after five years with the Carolina Auto Auction, where he began as a condition report writer and, after several promotions, worked most recently as lease manager.
Read More →Tory Zimmerman has been promoted to Fleet, Lease, and Repo Coordinator at Tri-State Auto Auction-Fargo (TSAA). He has been with the company for several years in various capacities, most recently as a territory manager calling on dealers in the Dakotas and Minnesota.
Read More →A Detroit-based company that has designed auto plants and other factories is opening an office in Birmingham.
Read More →A reduced inventory of used vehicles in the wholesale market has helped to stabilize resale values, contributing to four consecutive months of improved prices from June to September.
Read More →ServNet and AutoTradeCenter have announced the formation of a strategic remarketing partnership for online vehicle sales using ATC’s Internet auction platform.
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