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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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— Luxury carmakers Mercedes-Benz USA and BMW Group have reported increases in sales for their certified used vehicle (CUV) programs.
Read More →— ADESA Houston announced on June 25 that Rick Mowrer is its new general manager.
Read More →Based upon an analysis of wholesale used vehicle prices by model class, ADESA feels that a number of factors leads the company to believe that the worst is over for the used-car market.
Read More →– ADESA Ocala recently announced that Jeff Raynor, previously employed as the assistant general manager at ADESA Jacksonville, is its new general manager.
Read More →— Colorado dealer Dwayne Dodd defeated Georgia dealer Randle Smith for the position of president-elect of the National Independent Automobile Dealers Association (NIADA) by one vote.
Read More →ServNet has announced that Paul Rettenmaier has joined its staff as National Sales Manager.
Read More →The agenda for the IARA roundtable conference, to be held at the Downtown Marriott in Chicago, on July 23-24, 2003, is firming up.
Read More →Remarketers from around the country will be attending the upcoming International Automotive Remarketers Alliance (IARA) Remarketing Roundtable, which will be held July 23-25, 2003, at the Marriott Chicago Downtown.
Read More →Dealers who sell General Motors brands are now able to use General Motors Acceptance Corp.’s remarketing Web site to sell used vehicles to each other, according to an article in Automotive News. Approximately 4,000 dealers with GM brands have signed up for Smart Auction Direct and about 2,000 dealers have posted vehicles.
Read More →Mike McKinney has been named vice president of dealer sales for Manheim Auctions, the company announced on July 1, 2003. Previously, McKinney was group vice president of operations, Southwest.
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