Tsubasa System, a corporate business system package developer and seller, and CARFAX of Virginia announced September 16 that they had established CARFAX Japan in July, according to Japan Corporate News Network.
Several central Florida automotive dealers will utilize Manheim’s Central Florida Auto Auction (CFAA) in Orlando September 23-26, and offer the public the opportunity to buy new vehicles where dealers buy used vehicles – without the auction bidding process.
GM Certified Used Vehicles announced a special promotion that will provide three months of OnStar Safe and Sound service for customers who purchase OnStar-equipped GM Certified Used Vehicles between Aug. 1, 2004 and Jan. 31, 2005.
Wholesale prices for used fleet vehicles were stable from June through August.
Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will speak at the Association of Consumer Vehicle Lessors' conference on September 20-22.
AutoTradeCenter (ATC), an Internet-based business-to-business automotive remarketing company, and Experian Automotive, a division of global information solutions company Experian, have launched a new merchandising application of Experian Automotive's AutoCheck vehicle history service.
GM Certified Used Vehicles has announced an agreement with Yahoo! allowing consumers to view GM Certified inventory when they search for used vehicles.
Federal prosecutors have indicted 11 men in a $20 million operation that for 16 years turned wrecked cars into a real estate empire inside a Brooklyn industrial building, according to the New York Times newspaper.
Fourth Fleet Financial has added three executives to its management team and received an infusion of cash from El Dorado Ventures.
ADESA Inc. has hired merger specialist George Lawrence to be executive vice president, general counsel, and secretary.
Chrysler Group has posted sales of 7,615 certified pre-owned vehicles for August, This representing a 20-percent improvement over August 2003 sales of 6,365 units.
The Manheim Used Vehicle Value Index slipped from 106.5 in July to 106.2 in August, marking the third consecutive monthly decline in wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis.
CarMax, Inc. total sales for the second quarter ending August 31 rose 7 percent to $1.32 billion from $1.24 billion in the same period last year.
Lee Anglin of Braher’s Salt Lake Auto Auction has been promoted as the auction’s fleet/lease manager.
Michael Lisk, sales executive at SGS Automotive Services, Inc., and Virgil Matczk, regional sales manager at Auction Broadcasting Company, were recently elected to the International Automotive Remarketers Alliance (IARA) Board of Directors.
The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
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