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Jun 13, 2016

For the fourth consecutive year, members of the KAR Auction Services group of companies – ADESA, AFC, IAA and TradeRev – will auction off a premier vehicle during the NIADA Convention and Expo to benefit the NIADA Foundation.

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Oct 22, 2012

Exec Discusses Online Auctions, Going Mobile

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Sep 6, 2012

Gas prices are still rising, but you wouldn"t know if judging by action in the lanes. Though overall wholesale segment price movement is expected to flow in the downward direction over the course of the current week...

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May 3, 2012

The Auto Remarekting Profile Series. is a bimonthly feature of Auto Remarketing. The Profile Series introduces men and women behind the quotes, allowing readers to learn more about the individuals who are the leaders of the remarketing industry.

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Sep 21, 2011
Jun 10, 2011

OPENLANE does not expect significant wholesale price declines until late 2011.

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Jun 10, 2011

Dealers by and large have been experiencing stable or improving vehicle sales. Supply issues have been spotted throughout the country, some with adverse effects.

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Jun 9, 2011

Black Book's Ricky Beggs indicated that there is an increasing number of “no sales” being observed at auctions, reflecting “sellers holding the lines on their floors.”

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Jun 7, 2011

Projections for residual values from ALG have dropped an average of 2 percentage points compared to where they were in May. Full-sized vans and premium CUVs showed the heaviest declines.

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Jun 6, 2011

New iPad and smartphone versions of Ford and Lincoln Build and Price online customer shopping tools will allow customers to virtually build a car from top to bottom, and receive a price estimate.

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Jun 2, 2011

GM Financial intends to create its own floor planning program for franchise dealers, and hopes to have a pilot program in place by the end of this year.

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Jun 1, 2011

The seasonally adjusted annualized rate for retail new-vehicle sales likely won't reach the 9.5 million unit level, according to J.D. Power and Associates.

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Jun 1, 2011

Supply and demand dynamics should relieve fear that the used-car bubble may burst, and used-car demand should remain strong for awhile, believes Black Book’s Ricky Beggs.

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May 31, 2011

Fiat will exercise its option to purchase the Treasury's interest in Chrysler. The purchase would result in Fiat owning 57 percent of the outstanding equity in Chrysler.

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May 31, 2011

Recovery Database Network is partnering with KeyCode Pro in an effort to ease the repossession process by providing subscribers with key codes to cut keys for repossessed vehicles.

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May 19, 2011

Shopping activity fell in April according to Dataium’s Auto Shopper Intensity Index, likely due to rising energy and food costs and an uncertain economic outlook.

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May 18, 2011

Gives Toyota and Lexus dealers a new version of “Dealer Direct” that includes new features and upgraded functionality. This lets dealers buy off-lease units prior to them being sold at auctions, and fully integrates every step of the lease-return process on a single site.

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May 18, 2011

The new vehicle market is expected to hit pre-recession levels by 2013. Consulting firm A.T. Kearney projects new-vehicle sales to reach 13.2 million in 2011. New and used markets are expected to benefit from pent-up demand.

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May 17, 2011

As used asking prices continue to rise, demand is likely to soften, according to CNW Research. Toyota and Honda dealers are “scouring auctions in ever-increasing numbers because of the shortages expected on their new-car side due to the Japanese earthquake.”

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May 16, 2011

Despite production setbacks from the earthquake in Japan, new vehicle sales are continuing to make gains in May according to Edmunds.com. Edmunds also documented a $350 increase in average new-car prices over the last two months.

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May 11, 2011

Prices remained unchanged from March, and were only 0.6 percent lower than last April’s record level. Prices were strongest for compact cars and weakest for full-sized SUVs. Pickup prices also slipped.

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May 11, 2011

These investments will occur in 17 facilities in eight states. GM is doing so because they are confident about demand for their vehicles, according to CEO Dan Akerson

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May 11, 2011

2.4 percent month-over-month gain, 16.1 percent year-over-year gain. Sub-compact vehicles were up 9.2 percent on a month-over-month basis in April. Heaviest gain for any segment.

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May 10, 2011

Most likely a result of broader economic conditions, dealers have been shying away from paying large amounts for vehicles. Beggs noted that some dealers indicated that four cylinders are still in demand.

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May 5, 2011

According to OPENLANE, wholesale prices were up 4 percent in April over March, but unchanged to prior year.

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May 3, 2011

Franchise dealers experienced their strongest April for used car sales in 5 years, while independent dealers saw increases over 17 above prior year.

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May 3, 2011

Honda indicated it will only be bringing in a limited number of Japanese-built vehicles to the North American market for the remainder of the year, including Honda Fit, CR-Z, Insight, Civic Hybrid, Acura TSX, TSX Wagon, and RL.

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May 2, 2011

During March and the first few weeks of April, the leasing market made a reversion back to normal levels.

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May 2, 2011

Due in large part to the effect of gas prices on demand for pickups, auction volume during the first quarter was down 8.6 percent to prior year. Volume in Quarter 4 of 2010 was up 2 percent over prior year.

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Media Contact

For media inquiries, please contact Jeanene O'Brien.

Phone: 708-492-7328
Email: jobrien@iaai.com