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Manheim Offers Access to New Inventory via OVE.com Throughout the Holidays
The OVE.com Holiday Rental Sale Will Include More Than 2,500 Units From Commercial Sellers ATLANTA – Offering the freshest inventory to dealers, anytime, anywhere and even throughout the holidays, Manheim will host a Holiday Rental Sale on OVE.com
Dec 20, 2012
NCM®Adds Four Associates to Expand its Franchised and BHPH Auto Dealer Services
Overland Park, KS —NCM Associates, a leading provider of automotive 20 group, retail operations consulting, training, and operations Benchmark® analysis services to franchise, independent and Buy Here, Pay Here auto dealers, today announced
Dec 20, 2012
Carfax Offers New Year Resolutions for Used Car Buying
CENTREVILLE, Va. — Consumers are expected to purchase well over 40 million used cars in 2013. While many used cars are safe and reliable, some with problems like odometer fraud, non-working airbags and flood damage are sold to unsuspecting buy
Dec 20, 2012
CarMax Reports Total Used Unit Sales Rose 16% in the 3rd Quarter.
CarMax Reports Record Third Quarter Results RICHMOND, Va.– CarMax, Inc. today reported record results for the third quarter ended November 30, 2012. Net sales and operating revenues increased 15% to $2.60 billion from $2.26 billion in the thi
Dec 20, 2012
Used-Car Values Continue Decline Despite Increased Demand from Dealers
According to the Blue Book Market Report – November 2012, used-car values decline despite increased demand from dealers. Despite increased demand at auction from dealers in the Northeast, used-car values have declined steadily after a slight increa
Dec 19, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Deloitte Consumer Spending Index Retreats
NEW YORK — After nearly a year of steady gains, the Deloitte Consumer Spending Index (Index) fell in November due to a slowdown in the rise of new home prices and an accelerating decline in real wages. The Index tracks consumer cash flow as
Dec 18, 2012
Manheim Holds 4th Annual Independent Auction Summit During National Remarketing Conference
Top Manheim Leaders Meet with 30 Independent Auctions to Discuss Evolving Industry Trends ATLANTA – To further strengthen strategic relationships through two-way dialogue, Manheim met with 30 independent partners during the 2012 National Remark
Dec 18, 2012
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Mercedes-Benz Issues Recall Over Fuel Filter
Mercedes-Benz is recalling certain model year 2011-2012 S400, S550, S550 4Matic, S63 AMG, C300, C300 4Matic, E350, GLK350, GLK350 4Matic, CL550 4Matic, and CL63 AMG vehicles manufactured from April 18, 2011, through July 12, 2011, the National Highwa
Dec 17, 2012
ADESA Monthly Analysis: Current Used Vehicle Market Conditions
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services. As part of the KAR Auction Services fa
Dec 14, 2012