Conn. auction bill 'deader than dead'

A proposed Connecticut bill that would have required auctions to post their fees conspicuously has been dropped from consideration following pushback from local auction houses, according to a proponent of the bill.

 

Auction houses cope with crowded lots

Investments in technology and analytics help auctions move vehicles through the system faster, but the remarketing industry should not lose sight of the importance of asphalt, says Tom Webb, Manheim chief economist.

CarMax opens first four-lane auction on West Coast

CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax’s largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.

FTC sued over sale of certified used cars

The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission for allowing used cars to be advertised as

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Conn. auction bill 'deader than dead'

A proposed Connecticut bill that would have required auctions to post their fees conspicuously has been dropped from consideration following pushback from local auction houses, according to a proponent of the bill.

Auction houses cope with crowded lots

Investments in technology and analytics help auctions move vehicles through the system faster, but the remarketing industry should not lose sight of the importance of asphalt, says Tom Webb, Manheim chief economist.

CarMax opens first four-lane auction on West Coast

CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax’s largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.

FTC sued over sale of certified used cars

The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission for allowing used cars to be advertised as "certified" or safe despite being the target of an outstanding safety recall.

Analyst warns of incentives' pressure on used prices

Incentive spending, combined with a glut of off-lease vehicles returning to market, could push used prices down by about 4.8 percent this year, the lowest level since the economy was emerging from the recession in 2010, one analyst says.

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