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Latest Vehicle remarketing Stories

2014-10-07 12:21:45

Dealers increase vehicle turn as prices decline, market returns to more normal levels ATLANTA, Oct. 7, 2014 /PRNewswire/ -- Wholesale used vehicle values declined by just over 2 percent in the third quarter, as the market showed signs of returning to more normal levels after historically high prices earlier in the year. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, ended the third quarter at 121.4, a decline of 1.1 percent compared...

2014-10-01 12:21:57

ST. LOUIS, Oct. 1, 2014 /PRNewswire/ -- Enterprise Holdings, which operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, has announced its annual Auction Achievement Award winners. http://photos.prnewswire.com/prnvar/20130730/MM55552LOGO-a Nine U.S. automotive auction houses are being honored by Enterprise Holdings, which - through its regional subsidiaries - operates the largest fleet of vehicles in the world through a global network of neighborhood and...

2014-09-02 12:21:38

DETROIT, Sept. 2, 2014 /PRNewswire/ -- Ally Financial launched a new tool to help consumers decide whether buying or leasing might be their best option when shopping for a vehicle. Available for free on Ally's website, the interactive buy or lease tool will help arm consumers with the right information to start the vehicle financing process. The tool leads consumers through five simple questions on their automotive and driving needs, including how many miles they drive annually, down...

2014-08-21 08:20:51

Brings Together its Global Span of Products and Services to Simplify the Exchange of Vehicles and Maximize Value for its Customers ATLANTA, Aug. 21, 2014 /PRNewswire/ -- Demonstrating its industry leadership and goal of transforming the way cars are bought and sold, Cox Enterprises announced today the formation of Cox Automotive. This move brings together more than 20 leading wholesale and retail automotive brands, including Manheim, AutoTrader.com and Kelley Blue Book. The creation of Cox...

2014-07-08 12:21:03

Strong retail demand and favorable credit conditions support used car sales and dealer profits ATLANTA, July 8, 2014 /PRNewswire/ -- Strong consumer demand drove an increase in volume and values for used vehicles in the second quarter as attractive financing put purchases within reach of more consumers. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 1 percent compared to the first quarter and rose 3.6 percent on a...

2014-04-07 12:22:47

Despite Harsh Weather, Insurance Vehicle Replacements and Tax Refunds Keep Demand High ATLANTA, April 7, 2014 /PRNewswire/ -- Used vehicle sales for dealers went from good to even better in the first quarter of the year with strong demand that held up through the harsh winter. The Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season, increased 2.2% during the quarter and was 3.3% higher than a year ago. Tax refunds as of late March were up 3%...

2014-01-25 12:20:11

Manheim Chief Economist Tom Webb Analyzes Industry Trends, Outlook for 2014 NEW ORLEANS, Jan. 25, 2014 /PRNewswire/ -- With labor market and credit conditions continuing to improve and expected to maintain an upward trajectory in the year ahead, the environment is ripe for sustained vitality in the new, used and wholesale marketplaces. These and other trends are explored in detail in Manheim's 19(th) annual Used Car Market Report, unveiled today by Manheim chief economist Tom Webb at the...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.