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]

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]

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]

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]

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]

Are you ready to “retweet” something from ServNet on Twitter or “like” its latest Facebook update?                                                  [Read More]

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]

Along with a separate alliance with Open Dealer Exchange, CUDL, administrators of one of the nation’s largest auto lending network for credit unions, recently announced a new initiative with Manheim’s OVE.com and GE Capital Fleet Services. As a result of the new initiative, officials highlighted CUDL, OVE.com and GE Capital Fleet Services will cooperate to […] [Read More]

After dealing with the unexpected snowfall in North Carolina, dealers and buyers alike had another storm to weather Monday morning — navigating the tough wholesale environment, ridden with unit scarcity and skyrocketing prices.  At the Manheim North Carolina sale, the overall attitude was one of grim determination. Buyers and dealers alike are taking hits right […] [Read More]

General Motors recently doled out its 2011 GM Auction of the Year award, and receiving this year’s honor was ADESA Kansas City. The auction was chosen from 35 GM-sponsored auctions throughout the U.S. based on its “achievement in providing GM and its dealers with outstanding quality, service and value throughout the year.” [Read More]