After gaining feedback from the industry and its Client Advisory Board, which includes a cross section of consignors and dealers, SmartAuction has launched several initiatives to enhance its platform. One of the aspects of the enhancement is ramping up communication with dealers by sending alerts about vehicles that might fit their inventory needs. [Read More]

In the last day of NRC, workshops will take precedence. The topics to be covered include a sneak peek into what 2011 might bring, a 2010 residuals report, some market updates from Experian Automotive and much more. The day kicks off at 8 a.m. (PST) with breakfast. [Read More]

In Thursday morning’s keynote address, several top industry executives and dealers took to the stage to discuss the state of the market and what they are doing to drive success. The panel covered "Why Resale Values Are Critical to the Automotive Industry’s Long-Term Success." [Read More]

The Wholesale Institute, Manheim’s free traveling workshop series that helps dealers achieve profit goals through online wholesaling, announced during NRC it has launched a newly designed website featuring expanded content and advanced online training opportunities.   [Read More]

The second day of the National Remarketing Conference is filled with a keynote panel, as well as panels covering iRemarketing, certified pre-owned, subprime repossessions and a special presentation honoring Women in Remarketing. The day will kick off with a keynote address covering Why Resale Values are Critical to the Automotive Industry’s Long-Term Success. [Read More]

The final panel of the opening day of the National Remarketing Conference was a keynote panel featuring top remarketing executives, including Jeannie Chiaromonte, of Bank of America; Horacio Trujillo, of Mercedes-Benz Financial; Dan Kennedy, of GM Remarketing; and Bob Graham, of ARI. [Read More]

The National Remarketing Conference kicks off this afternoon with a plethora of strong panels and presenters. Concurrent workshops start at noon (PST), with attendees having the choice between hearing Tom Kontos, of ADESA, offer a 2011 Pre-Owned Market Preview; Eric Lyman, of ALG, offer a 2010 Residuals Report; two executives from Experian Automotive discuss used-vehicle […] [Read More]

In addition to a weekly look at price changes on the wholesale market, Ricky Beggs and his Black Book colleagues also revealed Monday that monthly and year-over-year depreciation comparisons appeared near normal. Beggs indicated that when looking at current 3-year old models, 15 of the 24 vehicle segment types tracked by Black Book had depreciation […] [Read More]

Never before has the Manheim Used Vehicle Value Index climbed this high. It has also been more than a year since the reading rose this much in a single month. Manheim’s Tom Webb reported the October index spiked to 122.9 after three consecutive months where it remained nearly flat. The September mark was 118.9, meaning […] [Read More]

Having the right technology in place to support a business has never been more important, especially in recent years as the country has had to deal with various natural disasters, such as hurricanes, flooding and more. Fleet Lease Disposal (FLD) learned this firsthand when Hurricane Wilma struck the Florida coast, and has turned its gained knowledge […] [Read More]