Auction Leaders Complete Triad’s Six Sigma Greenbelt Training
Auction leaders from around the country completed Six Sigma Greenbelt training held at Triad Financial’s corporate offices in Huntington Beach.
Auction leaders from around the country completed Six Sigma Greenbelt training held at Triad Financial’s corporate offices in Huntington Beach.
ADESA, Inc. announced the redemption of all of its $90 million 7.7 percent Senior Notes, Series A, due 2006 and all of its $35 million 8.1 percent senior notes, Series B, due 2010.
The Texas Department of Transportation reports that more than 100,000 vehicles are stolen every year in Texas, with more than 9,000 thefts occurring in the month of July alone. As a result, state authorities have designated July as Auto Theft Prevention Month. Carfax is offering consumers throughout Texas a discounted rate on its reports during this month in recognition of the program.
Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, acquired Mid-South Salvage LLC, a 15-acre operation located in Jackson, Miss.
Average auction prices in June were up from year-ago levels for the fourth month in a row, but were lower than in May. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, average auction prices in June were up 1.2 percent from year-ago levels, but down 1.5 percent relative to the previous month.
The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.
A recently released Association of Consumer Vehicle Lessors survey reveals that member leasing companies reported a total reduction in new leases from 2 million in 2002 to 1.6 million in 2003.
Manheim has promoted Sal Cuomo to assistant general manager of Baltimore-Washington Auto Exchange in Elkridge, Md. He previously served as institutional manager of Newburgh Auto Auction in Newburgh, N.Y.
ALLETE, Inc., majority owner of vehicle remarketer ADESA, Inc., has completed the sale of its remaining 72 water and wastewater systems to Aqua America, Inc. and Seminole County, Fla. for a total of $18 million.
Edmunds.com, an Internet resource for consumer automotive information, has released its top best-value choices in the used vehicle market.
The Association of Consumer Vehicle Lessors (ACVL) has announced that member leasing companies reported a total reduction in new leases from 2 million in 2002 to 1.6 million in 2003.
The National Automobile Dealers Association (NADA) has proclaimed October "Booster Seat Safety Month."
The National Association of Fleet Resale Dealers (NAFRD) will hold its 2004 Annual Conference “NAFRD Gone Platinum” September 9-12 in Paradise Island, Bahamas, at the Atlantis Resort ( www.atlantis.com ).
DaimlerChrysler Services North America has announced an addition to its benchmark remarketing services with the introduction of Internet simulcast auction technology available to all Chrysler Financial and Mercedes-Benz Credit dealers at used-car auctions.
The International Automotive Remarketers Alliance (IARA) will hold its next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, July 21-23 at the Fairmont Hotel in downtown Chicago.
The Conference of Automotive Remarketing provided the ideal marketplace for industry businesses and attendees to see the latest in services and innovations for consignors and auctions.
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