Wholesale
JMN Logistics Unveils New Website
Tuesday, Dec. 7, 2010, 06:57 AM
Auto Remarketing Staff
JMN Logistics recently launched an enhanced version of its website so customers can find the quote tool on every page for added convenience. Company officials also pointed out the revamped site provides customers with the chance to quickly navigate areas and information about vehicle shipping, quoting and placing orders, as well as up-to-date news about […] [Read More]
NIADA Partners with CARCO
Tuesday, Dec. 7, 2010, 06:56 AM
Auto Remarketing Staff
The National Independent Automobile Dealers Association said late last week that its National Member Benefits Program and the CARCO Group have struck a deal to help association members be certain that vehicles for sale on their lots have clean records. CARCO powers the CheckThatVin website. This portal taps into the National Motor Vehicle Title Information System to obtain a […] [Read More]
Dollar Thrifty Gains New Chairman
Wednesday, Dec. 1, 2010, 07:00 AM
Auto Remarketing Staff
Dollar Thrifty Automotive Group revealed this week that it has a new chairman. Replacing Thomas Capo in the position is Richard Neu. The change took effect immediately. In addition to stepping down from the chairman post, Capo also told the company he plans to retire from the board of directors. Capo — who has been a director […] [Read More]
Manheim Specialty Auctions Teams Up with Titan to Launch Certified Inspections
Monday, Nov. 29, 2010, 08:58 AM
Auto Remarketing Staff
Manheim Specialty Auctions and Titan Certified announced they have joined forces to offer certified inspections for the auction company’s specialty customers. This process will kick off with RVs. Certified inspections will be available for RV units sold at select Manheim Specialty locations as well as online, and will expand to include boats, motorcycles, powersports, heavy […] [Read More]
Beggs: Car & Truck Pricing Trends Continue on Opposite Patterns
Wednesday, Nov. 24, 2010, 06:59 AM
Nick Zulovich
Taking a look at the most recent wholesale price trends, Black Book managing editor Ricky Beggs reiterated a familiar refrain — car prices remained volatile, while truck prices have been more stable. Black Book found 10 of the 14 truck segments declined less than $50 this past week, but only two of the 10 car […] [Read More]
Kontos: Oct. Wholesale Prices Exhibited No Exceptional Strength
Monday, Nov. 22, 2010, 08:59 AM
Auto Remarketing Editor Joe Overby
Wholesale values declined on a sequential basis in October and the year-over-year gains the market showed were somewhat deceptive, according to ADESA’s Tom Kontos. Specifically, the average wholesale price for the month was $9,768, which is 0.7 percent softer than September and a 3.2-percent year-over-year hike, he noted. The year-over-year increase, though, is from rather soft comparables, […] [Read More]
Insurance Auto Auctions Teams Up with National Kidney Foundation for One Car One Difference
Monday, Nov. 22, 2010, 08:54 AM
Auto Remarketing Staff
Through a partnership with Insurance Auto Auctions, the National Kidney Foundation has launched a new philanthropic car donation program to support its charitable efforts to help combat kidney disease. [Read More]
ADESA Canada Sees Sequential Wholesale Gains, but Also Says Several Segments Soft
Friday, Nov. 19, 2010, 03:57 PM
Auto Remarketing Staff
Although overall Canadian wholesale prices showed a month-over-month upswing during October, four of six segments listed by ADESA Canada experienced weaker resale values in the auction market during the month, according to the latest ADESA Canada Used Vehicle Price Index report. Specifically, ADESA’s data — powered by ALG Canada — indicated that the index during October […] [Read More]
Carmoza Brings Another Former Top OEM Exec into Leadership Role
Friday, Nov. 19, 2010, 06:56 AM
Auto Remarketing Staff
Carmoza Auto Transport already has one of Chrysler’s former top executives as president, and now the company has a chief executive officer who used to hold a high post at Ford. Named this week to the CEO role at Carmoza was Randy Ortiz, who previously oversaw all of Ford’s sales, production, distribution and dealership activities […] [Read More]
KAR Reveals HQ Expansion Plans, Leverages Government Incentives
Wednesday, Nov. 17, 2010, 06:59 AM
Auto Remarketing Staff
In addition to switching an executive from Insurance Auto Auctions over to ADESA, KAR Auction Services is taking advantage of local and state tax incentives to expand its headquarters and related work force. This week, president and chief executive officer Jim Hallett revealed the company will create up to 249 new jobs by 2015. While KAR […] [Read More]
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