Wholesale
Used Car Week Opens Online Registration
Tuesday, Jun. 19, 2012, 05:57 AM
Auto Remarketing Staff
Auto Remarketing Conferences has announced that online registration for the 2012 Used Car Week series of conferences is now open. [Read More]
Manheim Pennsylvania Helps Clean Local Waters
Monday, Jun. 18, 2012, 03:57 PM
Auto Remarketing Staff
As part of parent company Cox Enterprises’ program to help spruce up the nation’s rivers, Manheim Pennsylvania recently chipped in on efforts to clean the Conestoga River in Lancaster County Central Park. There were more than 100 Manheim employees and their family members on hand for the event, as they teamed with volunteers from American […] [Read More]
Kontos: Used Prices Perhaps Headed to ‘Ceiling’ Compared to New, but Dramatic Decline Not Likely
Monday, Jun. 18, 2012, 08:00 AM
Auto Remarketing Editor Joe Overby
As Tom Kontos put it, May’s wholesale pricing activity certainly backs up the assertion that he and ADESA Analytical Services have had for some time: used values have likely peaked. In fact, as part of his look at monthly pricing trends, Kontos revealed that the average wholesale price in May was $10,271, which was 2.9 […] [Read More]
NADA Used Car Guide: Used Prices Likely to Dip 3 Percent Next Month
Friday, Jun. 15, 2012, 06:00 AM
Auto Remarketing Staff
The decline in used-vehicle prices in June isn’t just a blip on the radar. Next month will likely show used prices dropping yet again, according to NADA Used Car Guide. In fact, all used segments are projected to see price declines during the next few months due to moderate seasonal demand, said NADA UCG senior […] [Read More]
Charleston AA Leaders Earn IARA Certification
Friday, Jun. 15, 2012, 05:55 AM
Auto Remarketing Staff
Charleston Auto Auction, home to the nation’s first Certified Automotive Remarketer, has just announced that two additional management staff members have earned the International Automotive Remarketers Alliance certification. Joining the graduates of the IARA Certified Automotive Remarketer program are general manager Laura Taylor and assistant general manager Bill McCready. They follow the lead of Chris […] [Read More]
ADESA Canada: Wholesale Prices Slide a Bit, but Canadian Economy Fares Better
Thursday, Jun. 14, 2012, 02:54 PM
Auto Remarketing Staff
Although there was a modest decline in the ADESA Canada Used Vehicle Price Index during May as well as a drop-off in wholesale values that exceeded 5 percent, there was some positive news to share about the nation’s overall economy during the month. Analysts report that consumer confidence climbed sharply, unemployment rates were static and […] [Read More]
Manheim Names VP to Oversee Mid-Atlantic Market
Wednesday, Jun. 13, 2012, 05:58 AM
Auto Remarketing Staff
On Tuesday, Manheim selected a market vice president to oversee the Mid-Atlantic region. Filling this role and taking responsibility for leading business strategy and operations at the Manheim Baltimore-Washington, Fredericksburg, Harrisonburg, New Jersey and Philadelphia locations is Dianne Earley, who is coming over to Manheim from Cox Communications. With that division, Earley held several senior […] [Read More]
Beggs Uncovers Dealer Sentiment about Aging Trade-ins
Tuesday, Jun. 12, 2012, 05:59 AM
Nick Zulovich
As used-car managers know, dealer consignment might be the busiest lane on sale day, so Black Book took a longer look at the trends of trade-ins flowing into auctions nowadays. Black Book’s Ricky Beggs recapped recent editorial team discussion as the editors wondered “whether the trade-ins were aging any over the past year or so […] [Read More]
NRC Call for Speakers Opens; Sonic’s McLarty Joins Lineup
Monday, Jun. 11, 2012, 03:20 PM
Auto Remarketing Staff
This year’s National Remarketing Conference will once again have a strong focus on the top fleet/lease, captive and OEM consignors. However, attendees to November’s annual event can also expect an in-depth look at dealer consignment and buying. In fact, Sonic Automotive corporate used-car director Hal McLarty is already on board as a speaker. And for […] [Read More]
SADE Event to Feature NASCAR’s Petty, Charity Auction
Monday, Jun. 11, 2012, 03:06 PM
Auto Remarketing Staff
In addition to an expected 1,800-plus vehicles up for grabs during the auction’s regular sale, attendees at the Sanford Auto Dealers Exchange’s July 3 event will have the chance to help a cause benefitting children with serious medical conditions and meet NASCAR royalty. [Read More]