Manheim said Thursday it has moved two of its top executives into new roles. In an effort to further the company’s goal to serve customers’ needs “anytime and anywhere”, Rick Pomeroy, vice president of national client sales support, and Erik Kibler, general sales manager, major dealer, are both now responsible for key organizations that focus […] [Read More]

Edmunds.com has reached a data-sharing agreement with inventory marketing and management provider Nexteppe that the companies contend will allow dealers to more easily research, market and accurately price vehicles. Under the agreement, dealers can use Nexteppe’s inControl Pro — a system that allows stores to compare new and used prices with their local competitors — […] [Read More]

Canadian customized lease management provider Jim Pattison Lease announced recently that it has bought the portfolio of Ontario-based Williamson Leasing. Calling Williamson Leasing a “service leader in the vehicle leasing market of Ontario for over 50 years,” officials said that Williamson employees Lisa Davis and James Fullerton will be brought on board the Jim Pattison […] [Read More]

During what was found to be a “mixed” month among various vehicle segments, the ADESA Canada Used Vehicle Price Index in April showed a modest month-over-month dip on a seasonally adjusted basis. More specifically, ADESA’s data — powered by ALG Canada — showed that the “index was down slightly from March” and indicated that wholesale […] [Read More]

Pushed in part by Canada’s new-vehicle sales kicking off 2012 with a bang, the country’s used-vehicle prices experienced a month-over-month dip in April,  according to analysis from the RVI Group. However, thanks to lower exchange rates and used supply trends, Canadian used values still increased more than 2 percent from a year ago, explained manager […] [Read More]

It was revealed to Auto Remarketing this week that Louisiana’s 1st Choice Auto Auction has promoted three management team members to new roles. Moving up to general manager from his auction manager position was Don Sistrunk, while Bridget Higginbotham was promoted from general sales manager to assistant general manager. The auction also promoted Matt Alombro […] [Read More]

To give its customers a little insight into its products as well as what’s in the cards for the future, Manheim hosted a two-day meeting earlier this month at the Ritz Carlton in Greensboro, Ga. The Client Advisory Board meeting, held on May 9–10, featured some of Manheim’s top executives, including Sandy Schwartz, president; Janet […] [Read More]

With the recent launch of the Consumer Financial Protection Bureau, cases dealing with dealership advertising and alleged sales fraud are popping up all over the country. And in one of the latest cases to hit the courtroom, a New Jersey dealership has been ordered to disclose damage to and prior use of the vehicles it […] [Read More]

After speaking with company leadership on Tuesday afternoon, Auto Remarketing has discovered further details about the emergence of Auction Edge, which has acquired Auction Pipeline as well as Auto Lookout, and apparently isn’t finished making waves. The company’s management includes top names in the auction business as well as former executives with Microsoft and Starbucks.  […] [Read More]

ADESA’s Tom Kontos discovered average wholesale used-vehicle prices in April remained near peak levels achieved during both the spring tax season last year and previously in 2010. According to ADESA Analytical Services monthly analysis of wholesale used-vehicle prices by vehicle model class, April wholesale prices averaged $10,577 — down 0.5 percent compared to March and […] [Read More]