Latest Auto auction Stories
SAN DIEGO, Jan. 12 /PRNewswire/ -- Audatex North America, Inc. today announced an agreement with Insurance Auto Auctions, Inc. (IAA), one of the leading North American salvage auto auction companies, to become its exclusive vendor for NMVTIS reporting. The Audatex solution will allow IAA to easily report required NMVTIS data on more than 1 million vehicles per year. Federal U.S. National Motor Vehicle Title Information System (NMVTIS) rules, which became effective March 2009, require that...
MARENGO, Ill., Sept. 30 /PRNewswire/ -- Legendary rock star Lou Gramm, lead singer of the band Foreigner, will make an appearance to sign autographs at Mecum's St. Charles Auction at Pheasant Run Resort in St. Charles, Ill., on Friday, Oct. 2, 2009, where four of his classic automobiles will go up for auction. Gramm, now a successful solo artist (seen here performing with Foreigner), will watch as his cars cross the auction block Oct. 2 starting at 7:20 p.m. His collection includes a...
GREAT NECK, N.Y., Aug. 25 /PRNewswire/ -- Bargain-hunter portal GovernmentAuctions.org(R) (http://www.governmentauctions.org) reports that - according to its data - there has been a substantial increase in online state and local government surplus auction listings over the last year. Specifically, GovernmentAuctions.org's state and local online surplus sales data shows an increase of about 50% in the average number of auction listings in July 2009 as compared to July 2008, and approximately...
Tuesday will mark the beginning of a program that will allow hundreds of General Motors dealers in California to haggle over prices of new cars and trucks with customers on eBay. Approximately 225 of California's 250 GM dealers are planning to take part in the program. They will be selling Buick, Chevrolet, GMC and Pontiac vehicles on co-branded Web sites through eBay Motors until September 8, on eBay Inc.'s online auto marketplace. The companies had mentioned before that a trial like this...
WASHINGTON, July 24 /PRNewswire-USNewswire/ -- A federal grand jury in Casper, Wyo., Thursday returned an indictment charging Randy Lee (a/k/a Jimmy Lee) and Jay Lee (a/k/a John Marks, a/k/a Anthony Romero) of Cheyenne, Wyo., with odometer tampering, title fraud, securities fraud, mail fraud and conspiracy to commit these offenses. The indictment alleges that the defendants worked as used car dealers at Lee's RV's, Inc., a dealership in Cheyenne. According to the indictment, as early as...
CENTREVILLE, Va., July 7 /PRNewswire/ -- AutoLookout has integrated access to CARFAX Auction Quick Check. The tool is initially free for Carfax-subscribing dealers through AutoLookout's network of auction Web sites. Buyers get vehicle history details such as ownership history, branded title information and damage records reported to Carfax. Using this information, dealers can better evaluate online auction units prior to purchase. (Logo:...
Direct Auto Export Launches Website, Specializes in Exporting Cars from Wholesale Auctions in the U.S., Canada CAMBRIDGE, Mass., June 19 /PRNewswire/ -- While major car manufacturers are facing unprecedented financial obstacles, wholesale sales of previously owned vehicles -- particularly to other countries -- are thriving in the current economic climate. Average wholesale prices in May were up on a year-over-year basis for the first time since December 2007, according to ADESA Analytical...
Total Sales for the 3-Day Leake Car Show & Auction Exceed $12.2 Million TULSA, Okla., June 18 /PRNewswire/ -- A 1936 Lincoln Boat Tail Speedster once owned by Howard Hughes sold for $1 million at the Leake Car Show & Auction in Tulsa on June 13. Previously used as his personal limo, Hughes completely redesigned and restructured the limo into a Boat Tail Speedster. The $1 million dollar sale is the largest single sale in Leake's history in Tulsa. Over 60% of the cars consigned were...
Online Auction Site Offers Preferred Access to 8,000 Dealers across the Country BASKING RIDGE, N.J., June 11 /PRNewswire/ -- iBidMotors, (www.iBidMotors.com) the largest exclusive dealer to consumer online auction site, announced today that during the GM and Chrysler bankruptcy iBidMotors will offer all GM and Chrysler dealers nationwide the ability to advertise their entire new and pre-owned inventory on the iBidMotors online auction site at no charge for 60 days during the bankruptcy...
Combined Company is The Largest Exclusive Dealer to Consumer Online Auction Site BASKING RIDGE, N.J., May 12 /PRNewswire/ -- iBidMotors (www.iBidMotors.com) announced today that it has completed its acquisition of Monster Motors, a leading automotive online auction site. The expanded iBidMotors platform now has hundreds of car dealer clients and over 30,000 vehicles available to consumers from coast to coast. iBidMotors and Monster Motors both launched in 2006, with iBidMotors focusing...
