Manheim customers have spoken, and the company is listening. Manheim California has announced its first-ever Manheim en Español auction, set for this Friday. The auction said the event is aimed at meeting the needs of its growing Spanish-speaking dealer base.    Designed in collaboration with Spanish-speaking dealer customers in Southern California, the sales will be […] [Read More]

Though closing rates are improving by brand across the industry, J.D. Power and Associates said this trend may be directly linked to a decrease in customer satisfaction with the final delivery of their vehicle. In this month’s Analyst Note, the company suggested that focusing solely on “closing rates may blur the bigger picture for many […] [Read More]

As used supply is expected to decrease minimally in the near future, ALG reports this tightening of used inventory may lead to a rise in residual values in Canada. In its latest Industry Report, the company said it anticipates the decreasing Canadian used-vehicle supply will lead to a 0.2 percent increase on residuals, on average. […] [Read More]

Check your inboxes as February gets under way: Auto Remarketing Canada Digital NewsMagazine is set to launch this coming week, bringing you all the top quality news from your e-newsletters and much more in one easily accessible place! From subway trains to busy conferences, auctions and more, people in the high-speed automotive industry rarely have […] [Read More]

Manheim’s Tom Webb mentioned a noteworthy fact on his blog regarding Ford Motor Credit off-lease activity after the Blue Oval reported its fourth-quarter and full-year activity on Tuesday. For the first time since 2008, Ford reported that 24-month lease vehicles made up Ford reported that 24-month lease vehicles made up more lease return volume last […] [Read More]

Apparently, retail consumers weren’t the only ones buying more cars in 2012. Commercial-fleet sales were booming, as well, ending the year 41 percent above 2011 yearly levels. In 2012, the industry saw 5.7 million commercial-fleet units sold — or 39 percent of total deliveries, according to CNW’s latest Automotive Retail Summary. [Read More]

Manheim on Tuesday announced the appointments of three employees to new roles within the organization, moves the company said are part of its focus on enhancing the customer experience. Appointed to the newly created position of digital general manager is Allan Wilwayco. In this role, he will be responsible for the management and execution of […] [Read More]

The brand might have some of the smallest units on the road, but J.D. Power and Associates determined the badge packs the most effective punch with its website. J.D. Power’s 2013 Manufacturer Website Evaluation Study — Wave 1 revealed that the company with the best site is smart, scoring 845 on a 1,000-point scale. Jeep […] [Read More]

Batman has defeated James Bond. Well, at least when it comes to their cars. Barrett-Jackson announced Tuesday that the original 1966 TV series Batmobile sold for a cool $4.62 million at the company’s 42nd annual Scottsdale, Ariz., auction earlier this month. [Read More]

When the 2013 World Automobile Auctioneers Championship gets underway this spring, the panel of judges will feature some familiar names in the remarketing and auctioneering businesses. Among the judges at 25th annual event are: Jack Neshe  National Auto Auction Association Sandy Schwartz, Manheim Tom Caruso, ADESA Pierre Pons, ServNet Angela Crooke, America's Auto Auction J.J. […] [Read More]