Wholesale
Several New Manheim GMs Now in Place
Wednesday, Feb. 29, 2012, 06:59 AM
Auto Group Editor Jennifer Reed
As the market evolves, Manheim is also making some changes to better meet its customers’ needs. The company confirmed to Auto Remarketing Tuesday that several of its auctions have new general managers. Discussing the changes, Mike McKinney, Manheim regional vice president, West, told Auto Remarketing, “We are extremely fortunate to have such great talent and […] [Read More]
Beggs: Latest Headlines Do Not Give Dealers Clear Wholesale Direction
Wednesday, Feb. 29, 2012, 06:57 AM
Auto Remarketing Staff
Black Book’s Ricky Beggs admitted the mixed news headlines are giving dealers an unclear outlook as they head to the wholesale lanes to find inventory. Beggs pointed out there were some upbeat expectations on new-vehicle sales levels for February, as even a couple of forecasters bumped up their annual projections slightly after only two months. […] [Read More]
Bel Air AA to Build New Facility for Specialty Sale Division
Wednesday, Feb. 29, 2012, 06:54 AM
Auto Remarketing Staff
Dealers and buyers searching through the lanes of Bel Air Auto Auction’s Speciality Sale division will soon be looking forward to a new level of “comfort and convenience,” according to officials. BSCAmerica is set to open its new Clayton Station building later this Spring. Just what does this new building entail? [Read More]
ALG: Saab Values May Have Already Hit Bottom
Tuesday, Feb. 28, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
The reasons for the various brand discontinuations at Big 3 automakers in recent years differ from nameplate to nameplate, and the used value results from these wind-downs have been a mixed bag as well. In light of this, ALG set out to project the fallout for recently discontinued Saab, which the firm contends may have […] [Read More]
Nissan & Porsche Reveal CUV Recalls
Tuesday, Feb. 28, 2012, 06:57 AM
Auto Remarketing Staff
The National Highway Traffic Safety Administration recently detailed a trio of late-model crossover recalls, two by Nissan and another by Porsche. The first from Nissan North America covers a total of 79,275 units, including: —2011-2012 Infiniti M —2011-2012 Infiniti QX —2011-2012 Nissan Juke The OEM is asking owners of these vehicles to take the units […] [Read More]
ADESA’s Caruso Reflects on Prized Classic Car, Importance of Web
Monday, Feb. 27, 2012, 03:34 PM
Auto Remarketing Staff
While also sharing the story about his reunion with a long-lost classic-car favorite, ADESA president and chief executive officer Tom Caruso offered his take during a recent video interview on how the Web has impacted the auction business. In the video — which was recently posted to ADESA’s Overdrive blog — Caruso talks with Motor […] [Read More]
NC Dealers Utilize Manheim’s New ‘On the Go’ Sessions
Monday, Feb. 27, 2012, 08:57 AM
Sarah Rubenoff
At the Manheim North Carolina sale last week, dealers were stopping to see what the company’s new “On the Go” sessions were all about. And as the curious onlookers stopped at the booth to check out demonstrations of the Manheim mobile app, many expressed how "crucial" it is to have in-depth vehicle information at your […] [Read More]
GM Financial Announces 2011 Auction of the Year
Friday, Feb. 24, 2012, 06:57 AM
Auto Remarketing Staff
Along with revealing regional winners, General Motors Financial named its 2011 Auction of the Year as part of the company’s nationwide Auction of Excellence program. Taking the top honor was ADESA San Diego. Every year, GM Financial explained representatives review the performance of participating auctions in a variety of categories, including customer service, marketing promotions, […] [Read More]
ServNet Set to Add Social Media to Marketing Mix
Friday, Feb. 24, 2012, 06:56 AM
Auto Remarketing Staff
Are you ready to “retweet” something from ServNet on Twitter or “like” its latest Facebook update? [Read More]
BSCAmerica Launches New Website
Wednesday, Feb. 22, 2012, 07:00 AM
Auto Remarketing Staff
BSCAmerica has rolled out a new website that officials contend makes it easier for dealers to find the used vehicles they need to fill their lots. The new site provides information on all the company’s services but primarily focuses on BSC’s offerings in the auction market. As most know, BSCAmerica is the parent company of […] [Read More]