September 2012

Windsor Remarketing Changes Name

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Windsor Remarketing officially has a new name. After its president, Scott France, acquired the company from the Windsor Group, the firm is now known as Caprock Auto Remarketing.

Officials explained that the day-to-day team is intact, “so nothing has truly changed but the name.”

Caprock aims to help auto lenders, banks, credit unions, dealer groups and investors remarket repossessed vehicles in a quick and effective manner, the company said.

Edmunds Offers Take on Monthly Used Sales; Chrysler to Notch Best New Market Share in Year

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September draws to a close this weekend, ending what appears to have been a rather solid month for used-vehicle sales, according to Edmunds.com.

The company is anticipating 3.13 million used sales for the month, which would be relatively static compared to the 3.14 million used sales in August. Compared to September 2011, it would be a 2.35-percent gain, Edmunds noted.

Edmunds’ projections follow forecasts from CNW Research and TrueCar, which projected 3.49 million used sales and 3.42 million used sales, respectively.

BMW Financial Services & Manheim Highlight Success of Lender's First Simulcast Everywhere Sale

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Utilizing Manheim’s Simulcast Everywhere technology for the first time, BMW Financial Services shared its recent sale was a success, with more than 70 BMW franchised buyers taking part.  

The lender's first Simulcast Everywhere sale had more than 3,000 total bids in this first-of-its-kind sale format, “designed to allow BMW Financial Services to sell vehicles directly from any location,” officials noted.

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