Remarketing

NORTHBROOK, IL - Donlen announced it has been named to the Auto Remarketing Power 200 List, recognizing the most influential companies in the remarketing and used-car industry.

Tags: award, Donlen, recognition, remarketing

SOUTHFIELD, MI - With 354,400 used commercial vehicles registered in the U.S. during the first two quarters of 2010, the total sets a new record for used commercial vehicle registrations in a six-month timeframe and represents nearly 68 percent of the commercial vehicle market.

Tags: commercial vehicle, R.L. Polk, resale, used vehicle, vehicle registration

DENVER - Jack Pierce brings nearly 15 years of expertise and experience with him in his new role as vice president of business development for Hourglass Management Corporation.

Tags: appointment, Hourglass Management Corporation, LeasePlan USA

ITASCA, IL - EMKAY Inc. announces its vehicle remarketing department successfully completed the International Automotive Remarketers Alliance (IARA) Certified Automotive Remarketing program.

Tags: EMKAY Inc., IARA, remarketing

NORTHBROOK, IL - Donlen announced a new monthly feature to their thought leadership blog, "On the road...": Monthly Remarketing Update by Gus Xamplas, Donlen's vice president of remarketing.

Tags: Donlen, remarketing

SANTA BARBARA, CA - ALG forecasts that the used-vehicle supply will decline over the next few years because of the extensive drop in new-vehicle sales in 2009.

Tags: ALG, resale, used vehicle

WESTLAKE VILLAGE, CA - The J.D. Power and Associates 2010 Initial Quality Study found domestic auto brands, as a whole, have demonstrated higher initial quality than import brands for the first time.

Tags: Buick, Chrysler, Dodge, Ford, General Motors, initial quality, J.D. Power and Associates, study

DETROIT - Fleet sales for GM’s four core brands were 83,305 for the month of May.

Tags: General Motors, sales

HERNDON, VA - Volkswagen of America, Inc. reported May 2010 sales of 23,543 total units, for a 20.3 percent increase over May 2009, and its eleventh consecutive month of sales growth.

Tags: sales, Volkswagen of America

LAS VEGAS - Register now for the 2010 Automotive Fleet & Leasing Association (AFLA) Conference, scheduled for Sept. 8-10 at the JW Marriott Las Vegas Resort & Spa at Summerlin. Register by Aug. 31 to receive a special room rate.

Tags: AFLA, Conference, registration

DEARBORN, MI - The automaker said the increase primarily reflects higher sales of Ford trucks to commercial customers.

Tags: Ford, sales, Transit Connect

DEARBORN, MI - Ford Motor Company announced it will end production of Mercury vehicles in the fourth quarter of this year and expand its Lincoln brand lineup.

Tags: Ford Motor Company, Lincoln, Mercury

DETROIT - Of the nine vehicles, this is the third consecutive year the Chevrolet Express Cargo Van, Chevrolet Silverado, and GMC Sierra ½ ton pickups earned the award.

Tags: award, General Motors, Vincentric

MT. LAUREL, NJ - Automotive Resources International (ARI) announced its senior remarketer Jim Jackson as the first participant from a fleet management company to successfully complete the International Automotive Remarketers Alliance (IARA) Certified Automotive Remarketer (CAR) program.

Tags: Automotive Resources International, Certified Automotive Remarketer, International Automotive Remarketers Alliance, remarketing

BINGHAM FARMS, MI - Toyota, General Motors, and Ford led the way, earning multiple Vincentric awards in multiple segments.

Tags: award, Ford, General Motors, Toyota, Vincentric

ITASCA, IL - Greater Kalamazoo Auto Auction was recognized as EMKAY's 2009 National Auction of the Year. This is the third consecutive year that this auction has earned this distinction.

Tags: auction, award, Emkay

MT. LAUREL, NJ - Automotive Resources International (ARI) recently recognized six auctions with its yearly Auction Award.

Tags: ARI, auction, award

DETROIT - Buick ranked third in vehicle dependability for 3-year old models in J.D. Power and Associates' annual Vehicle Dependability Study.

Tags: Buick, study

TORRANCE, CA - Automotive Fleet magazine is now accepting nominations for the 2010 Professional Fleet Manager of the Year Award. Deadline to submit is Jan. 15.

Tags: award, Fleet Manager of the Year, nomination

LONDON/NEW YORK - Clayton, Dubilier & Rice, LLC recently announced a definitive agreement to acquire BCA, one of Europe's leading vehicle auctions and remarketing companies, from Montagu Private Equity.

Tags: acquisition, BCA, Clayton, Dubilier & Rice, Merger

EDEN PRAIRIE, MN - GE Fleet Services recently honored its top performing auction partners at an awards dinner Dec. 3 in Barrington, Ill.

Tags: auction, award, GE Capital Fleet Services, remarketing