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Full-size passenger vans lost the least value in the commercial vehicle resale market in February, a month that typically shows strong vehicle retention, according to Black Book.
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.
Read More →Manheim Auctions recently set up a sale in 10 days’ time for brand-new, hail-damaged Nissan cars and trucks on the automaker’s Smyrna, TN assembly plant campus, the company announced.
Read More →The new model car year begins as one with high optimism for continued strength in the fleet and leasing business. While it may be a match for 1965 in terms of volume for total registrations it would appear from our research that a large amount of cyclical sales are in the offing during the ‘66 model year.
Read More →The month-long strike against General Motors Corp. is going to have a serious effect on fleet purchasing programs.
Read More →While sitting in on the recent annual meeting of the Car and Truck Rental and Leasing Assn. in Chicago, I heard an interesting presentation on the subject of odometers.
Read More →Dollar Thrifty again leads profit performance. Commercial business rebounds; leisure lags.
Read More →On the one hand, automakers are happy with the continued growth of renting and leasing companies because be means increased sales. On the other hand, many auto industry executives are concerned about the mushrooming leasing and rental business because they see it as a potential threat to the auto distribution system.
Read More →ATLANTA – Manheim has adopted the National Auto Auction Association's (NAAA) National Arbitration Policy at all of its U.S. operating locations. Manheim will soon adopt these same standards at its locations in Canada.
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