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ADESA Makes Big Changes at its Dealer Services Division
2015-01-22 07:40:40| AutomotiveDigest.com - Automotive Industry News
ADESA has realigned its dealer services division, which will be led by Keith Crerar. The team will include a few new members who will be regional dealer sales managers and regional online sales managers. Three existing positions will stay the same: Steve Dudash as executive director of major dealer accounts, Wendy Kirkwood as director of dealer sales operations, and Doug Hadden as director of training. All of them will report directly to Crerar, who reports directly to Jason Ferreri, ADESA senior vice president of commercial sales. The Article ADESA Makes Big Changes at its Dealer Services Division appeared first on Automotive Digest.
Tags: services
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Toyota Working with ADESA on Off-Lease Inventory for Dealers
2014-05-14 21:50:47| AutomotiveDigest.com - Automotive Industry News
Toyota Financial Services and Lexus Financial Services have been marketing off-lease inventory sales lately through ADESA DealerBlock. There should be a lot of used vehicles for dealers to choose from Toyota and Lexus new vehicle sales have been about 30% lease transactions lately. This Toyota program gives independent, non-franchised dealers access to off-lease Toyota […] The Article Toyota Working with ADESA on Off-Lease Inventory for Dealers appeared first on Automotive Digest.
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KAR and ADESA See Sales Growth with Profit Decline in Changing Wholesale Space
2014-05-09 00:18:25| AutomotiveDigest.com - Automotive Industry News
For ADESAs parent company KAR Auction Services Inc., the first quarter of 2014 was very good for sales volume, but profits saw a decline during that time. Some of that came through at the corporate level with refinancing of its credit agreement; but some of that seems to be tied into the transitions being experienced […] The Article KAR and ADESA See Sales Growth with Profit Decline in Changing Wholesale Space appeared first on Automotive Digest.
Tags: sales
space
growth
changing
ADESA: Wholesale Used Prices Slipped in December
2014-01-20 00:47:12| AutomotiveDigest.com - Automotive Industry News
Tom Kontos Executive Vice President & Chief Economist ADESA Analytical Services reports that wholesale used vehicle prices returned to their softening pattern in December after a one-month hiatus. The trend was seen throughout the year except for the beginning of 2013 from lingering supply shortages following Superstorm Sandy; later in the year, strong retail used vehicle demand played a part. Read moreThe Article ADESA: Wholesale Used Prices Slipped in December appeared first on Automotive Digest.
Tags: december
prices
wholesale
slipped
ADESA and NADA UCG Analysis Similar to Other Market Reports
2013-06-24 23:15:59| AutomotiveDigest.com - Automotive Industry News
Kontos Kommentary and NADA Used Car Guide had numbers and analysis similar to other markets released lately prices are down but overall conditions are stabilizing, all things considered. ADESA Analytical Services Tom Kontos said year-over-year wholesale price softening continued in May as they did February through April. Difference this time was that prices fell on a month-over-month basis, indicating Spring/Tax season is winding down or over. NADA Used Car Guides Jonathan Banks said May prices for units up to eight years old fell 2.1%. While it was largest drop since October 2012s 2.9%, months loss was relatively mild from seasonal standpoint. Certified pre-owned vehicles saw very strong sales volume month up 6.1% month-over-month, and 19.2% year-over-year, according to ADESA Analytical Services report. Losses of 3.3% for compact and 3.0% for mid-size cars significantly outpaced overall market decline for 2nd consecutive month, according to NADA Used Car Guide. The Article ADESA and NADA UCG Analysis Similar to Other Market Reports appeared first on Automotive Digest.
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