Wholesale
Hyundai Canada Teams Up With Canadian Hockey Star to Get Kids Involved in National Pastime
Thursday, Sep. 6, 2012, 02:33 PM
Auto Remarketing Staff
Hyundai Auto Canada Corp. revealed this week it is teaming up with a Canadian hockey star in an effort to help under-resourced Quebec youth get involved in the country’s national pastime. Partnering with Montreal Canadiens defenceman P.K. Subban, the company was set to launchethe Quebec component of Hyundai Hockey Helpers earlier today. The automaker noted […] [Read More]
Beggs: Dealers Replacing Holiday Sales; Wholesale Prices Remain Untouched by High Gas Rates
Wednesday, Sep. 5, 2012, 06:00 AM
Sarah Rubenoff
As dealers wrapped up what seems to be a successful Labor Day weekend for sales, Ricky Beggs, managing editor at Black Book, noted it may be time for some buyers to venture into the lanes to fill their lots back up after holding special holiday deals. [Read More]
Manheim’s Simulcast Everywhere Technology Spells Success for Jaguar Land Rover
Wednesday, Sep. 5, 2012, 05:56 AM
Auto Remarketing Staff
Utilizing Manheim’s online auction technology, Jaguar Land Rover North America revealed it experienced its “most successful” Simulcast Everywhere sale yet. Jaguar Land Rover North America — the first luxury automotive manufacturer to use Manheim’s Simulcast Everywhere technology — shared that on the July 24 sale, the company sold 100 percent of Land Rover and 88 […] [Read More]
ABS Auto Auctions Launches Transferable Buyer Shield Warranty for Dealer Inventory
Tuesday, Sep. 4, 2012, 03:31 PM
Auto Remarketing Staff
A transferable auto warranty designed to protect dealer inventory was recently announced by ABS Auto Auctions. The company launched its new Buyer Shield Limited Powertrain Warranty in early August, when the company began offering the warranty as standard equipment on most vehicles sold through its auctions. ABS said Buyer Shield offers 90-day, 500-mile limited powertrain […] [Read More]
Strong Concurrent Session Opens Up National Remarketing Conference
Tuesday, Sep. 4, 2012, 07:58 AM
Auto Remarketing Staff
This year’s National Remarketing Conference presented by SmartAuction kicks off with a quartet of concurrent workshops that delve into several vital elements of the wholesale industry. The strong opening to the 13th annual event that’s one of the highlights of Used Car Week includes these sessions: —Titled, “What’s Under the Hood?” The session is going […] [Read More]
Manheim Operations Navigate Through Hurricane Isaac
Friday, Aug. 31, 2012, 05:58 AM
Nick Zulovich
It’s been a busy week for Manheim operations in the path of Hurricane Isaac, as the company began preparing its auction facilities for the storm as early as Monday. In a message sent to Auto Remarketing late Thursday, Kyle Ohman, Manheim’s market vice president for the Southeast, explained how the company prepared for the storm […] [Read More]
Brasher: Repos & Lease Returns Strong; Rentals Struggling
Friday, Aug. 31, 2012, 05:57 AM
Nancy Pardue
Repossessions and lease returns are very strong in the auction lane, while rentals are struggling, said John Brasher of Brasher’s Sacramento Auto Auction in the facility’s post-sale video report this week. Also strong in the lanes, Brasher noted, were most dealer trades. “Our closed Ford factory sale was the strongest we’ve had in many months,” […] [Read More]
Former Volvo CPO Leader Moves to Remarketing Post at Hyundai Capital
Friday, Aug. 31, 2012, 05:56 AM
Auto Remarketing Staff
A former leader of Volvo’s certified pre-owned program now has a remarketing post with Hyundai Capital America. Auto Remarketing learned this week that Johnny Lee is now the manager of remarketing planning with the Irvine, Calif.-based company. Lee was with Volvo Finance from 1997 to 2002, then Volvo Cars from 2002 to 2009. His time […] [Read More]
North Toronto Auction Taps Apex As Third-Party Inspection Provider
Thursday, Aug. 30, 2012, 03:15 PM
Auto Remarketing Staff
North Toronto Auction and Ontario-based Apex Inspection Solutions have announced a strategic partnership where Apex will be the auction’s third-party inspection provider. As such, the company will provide NTA clients with enhanced vehicle inspection services. The partnership can lead to growth opportunities for NTA and Apex, officials said, "while informing and empowering the customer experience […] [Read More]
Manheim Canada Names New General Sales Manager
Thursday, Aug. 30, 2012, 02:00 PM
Auto Remarketing Staff
Manheim revealed earlier this week it has named a new general sales manager for operations in Canada. Tapped for the role is Ryan Stubbs, who in his new position will lead Manheim Canada’s field sales teams and strategies, partner with location staff to enhance customer service and develop stronger relationships with local dealers, officials noted. […] [Read More]