Auto Auction

Auction to sell dealer's collection of vintage cars with low mileage

2:47 pm U.S. ET | Sept. 27, 2013
This weekend, in an oat field in Pierce, Neb., nearly 500 cars and pickups from yesteryear that have been locked inside a defunct dealership with mere miles on their odometers will be auctioned off. The vehicles -- mostly from the 1950s to the 1980s -- are the unsold inventory of Lambrecht Chevrolet, a family-run dealership that closed in 1996 after a 50-year run....
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Auctions expand to prep for more volume

12:01 am U.S. ET | Sept. 23, 2013
Many auction companies, expecting an increase in the number of used vehicles entering the market this year, are expanding and improving their physical auction sites....
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Owner of AutoTrader, Manheim plans to 'nurture' assets; no IPO planned

9:12 am U.S. ET | Sept. 12, 2013
Cox Enterprises, the owner of AutoTrader and Manheim, prefers to nurture both auto assets and has no plans to take AutoTrader public, a top executive of the businesses said....
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Used-vehicle forecast: Softer prices, better selection

12:01 am U.S. ET | Sept. 9, 2013
An industrywide uptick in used-vehicle volume into 2014 will soften prices of those vehicles, forecasters and industry executives predict....
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Auction group's new president reflects the rank and file

12:01 am U.S. ET | Sept. 2, 2013
The leadership of an association should reflect that group's members. That's why it is appropriate that Jack Neshe will take over as president of the National Auto Auction Association on Tuesday, Sept. 3....
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Auction group chief: Prep for more volume

12:01 am U.S. ET | Sept. 2, 2013
The U.S. auto auction industry retrenched in recent years as used-vehicle supplies shrank and auctions increasingly relied on dealer consignments to fill the lanes....
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