Wholesale
Carfax Chosen for Subaru CPO Program
Wednesday, Feb. 1, 2012, 06:57 AM
Auto Remarketing Staff
Carfax revealed Tuesday that it has been tapped by Subaru of America to be the official vehicle history report provider under the automaker’s certified pre-owned program, which has required dealers to run a Carfax report on every CPO vehicle since 2005. Every certified Subaru comes with a Carfax report. The automaker is one of 32 […] [Read More]
Liquid Motors Unveils Solution to Help Groups Move Inventory Between Stores
Thursday, Jan. 26, 2012, 06:55 AM
Auto Remarketing Staff
Liquid Motors released a new solution this week called Dealer Trade Center, what it’s describing as an online service that can allow managers within dealer groups to market inventory to other stores in the dealer group. The tool also can allow dealers to purchase vehicles from other stores within the dealer group. The company explained […] [Read More]
Beggs Spots a Calmer Wholesale Market
Wednesday, Jan. 25, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
Following a record-breaking week of wholesale value adjustments, the third week of 2012 was significantly milder and auctions actually experienced a "little lull” in activity, according to Black Book managing editor Ricky Beggs. [Read More]
IARA Reveals Two Newest Members
Tuesday, Jan. 24, 2012, 06:54 AM
Auto Remarketing Staff
Two more organizations joined the International Automotive Remarketers Alliance Monday. IARA executive director Matt Marks indicated the two new members are Ready Auto Transport and Harley Davidson Financial Services. “The IARA is pleased to welcome Harley Davidson Financial Services and Ready Auto Transport and looks forward to their participation,” Marks stated. Marks added, “HDFSI is […] [Read More]
Zierden: Single Sign-on for ADESA.com Just First of More to Come
Friday, Jan. 20, 2012, 06:59 AM
Auto Group Editor Jennifer Reed
Up and running for about a week, and Tim Zierden said ADESA/OPENLANE management is seeing hundreds of dealers leverage the new single sign-on function for ADESA.com, uniting the companies. While the senior vice president of dealer sales and services for ADESA/OPENLANE said the single sign-on tends to be more for buyers looking for inventory, he […] [Read More]
ADESA, OPENLANE Inventory Now Available Through One Site
Thursday, Jan. 19, 2012, 04:00 PM
Auto Remarketing Staff
In what is designed to help wholesale buyers and sellers in both the U.S. and Canada, ADESA revealed this morning that visitors to its website can check out the wholesale vehicles on both OPENLANE.com and ADESA.com without ever leaving the site. In other words, this offers ADESA customers a seamless way to tap into OPENLANE’s […] [Read More]
IAA’s One Car One Difference Program Now Benefits Ronald McDonald House Charities
Thursday, Jan. 19, 2012, 06:55 AM
Auto Remarketing Staff
Insurance Auto Auctions announced Ronald McDonald House Charities is the newest benefactor charity to join its national vehicle donation campaign, One Car One Difference. The program now will fund RMHC chapters located in five states, including Florida, Kentucky, North Dakota, Ohio and West Virginia. Officials believe Wednesday’s announcement marks the first of many local and […] [Read More]
Beggs: Wholesale Market Is ‘Busting Loose’
Wednesday, Jan. 18, 2012, 06:57 AM
Nick Zulovich
The new year already has generated a new record for Black Book’s editors as last week they established a new mark for the most daily adjustments. Black Book’s staff made a daily average of 3,280 adjustments last week, almost 400 more per day than the previous high set during the week ending Aug. 12. Thanks […] [Read More]
RVI: Trucks At Top of Wholesale Gains
Monday, Jan. 16, 2012, 08:59 AM
Auto Remarketing Editor Joe Overby
Amid a modest uptick in used-vehicle prices from the previous month, December’s wholesale increases were led by gains in the larger vehicle categories, as these segments were ahead of the market curve in the year’s final month thanks largely to more moderate gas prices, according to the RVI Group. More specifically, the RVI Used Car […] [Read More]
NADA UCG: Used Supply to Soften Again in 2012
Thursday, Jan. 12, 2012, 06:59 AM
Auto Remarketing Staff
Used-car managers in search of models to fill certified pre-owned inventory might have a another challenging year finding units if NADA Used Car Guide’s 2012 projections come true. NADA UCG began its latest commentary about the used-vehicle market by estimating just how much supply softened a year ago. Analysts surmised that total used supply in […] [Read More]
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