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Remarketing

NewsJuly 3, 2003

IARA Elects Two New Members to Its Board of Directors

The International Automotive Remarketers Alliance (IARA) has elected two new members to its board of directors, which has been expanded to include 18 directors.

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NewsJune 26, 2003

Porsche Launches Approved Certified Pre-Owned Program

Porsche Cars North America Inc. (PCNA) this month launched Porsche Approved Certified Pre-Owned in a move to bring younger buyers to the Porsche brand, strengthen brand loyalty and awareness, and increase the value of pre-owned Porsches, the company announced.

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NewsJune 26, 2003

Clanton’s Auto Auction Celebrates 60th Anniversary

When Clanton’s Auto Auction started up in 1943, it was called Dealer’s Motor Auction, and its first sale ran 24 cars through the lane, of which 18 were sold.

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NewsJune 26, 2003

Donlen Debuts Online Employee Internet Auction

An online auction program has been developed by Donlen Corp. in partnership with ADESA, to expand its driver sales program to all employees of a client company.

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NewsJune 26, 2003

Brasher’s Northwest Auto Auction Wins Bank of America Award

Brasher’s Northwest Auto Auction has been named one of four outstanding auctions in the country by Bank of America in 2002.

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NewsJune 26, 2003

Tom Webb of Manheim Wins Forecasting Award

The Atlanta Economic Club presented Tom Webb, chief economist at Manheim Auctions, with an award for winning the 2002 Forecasting Contest.

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NewsJune 26, 2003

Western Fleet Resources Moves its Office

Western Fleet Resources Inc., a wholesale remarketer, announces that it has moved its corporate offices to 2151 Alessandro Dr., Ste. 145, Ventura, CA, 93001.

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NewsJune 26, 2003

GSA Fleet Chooses AutoIMS for Remarketing Sales

After a two-auction pilot test during the summer of 2002, GSA Fleet spent the past winter implementing the AutoIMS Web-enabled inventory tracking system.

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NewsJune 26, 2003

ADESA chooses Identitech’s FYI Business Process Management Framework

Identitech, a provider of integrated Business Process Management software, announced that ADESA Corp. will implement FYI software to assist with the daily processing of vehicle remarketing activities.

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NewsJune 26, 2003

Uncertainty in Wholesale Market Keeps Prices Soft

The percentage of intermediate-size fleet vehicles sold at auction in May was over 70 percent; however, their resale prices were down approximately five to 10 percent when compared against the same time last year.

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