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- ADT CEO wants to buy 9 auctions.(Brief Article)(Statistical Data Included)
- The man who helped build ADT Automotive Inc. into the nation's third-largest auto auction company is among the suitors who want to buy a chunk of it. Tony Moorby, CEO of ADT in Nashville, Tenn., said he is working to line up partners and...
- Research articles 2000-06-12
- IN-HOUSE CERTIFICATION BOOSTS AUCTION PRICES.
- Based on a promising start, North America's largest auto auction chains are expanding their certified used-vehicle programs. Officials at ADT Automotive Inc., Adesa Corp. and Manheim Auctions Inc. say in-house certified programs introduced at some of their auctions earlier this year have boosted auction...
- Research articles 1998-11-09
Additional Resources
- ADESA, Manheim divvy up ADT's auctions.(ADESA Corp., ADT Automotive Inc.)(Brief Article)(Statistical Data Included)
- The nation's two largest wholesale auto auction chains are about to become even bigger. No. 2 ADESA Corp. and No. 1 Manheim Auctions last week signed a letter of intent allowing ADESA to buy eight ADT Automotive Inc. auctions and one Manheim auction from...
- Research articles 2000-07-03
- ADT PLANS $100 MILLION EXPANSION OF AUCTIONS.
- Tyco International Ltd. has loosened the purse strings so its ADT Automotive Inc. auto auction subsidiary can begin a $100 million expansion. The expansion ends several years of frustration for ADT executives, who have had to sit on the sidelines while rivals Manheim Auctions and ...
- Research articles 1998-06-01
- Auto Subsidiary of Duluth, Minn.-Based Firm to Buy Nine Auctions.(Knight Ridder/Tribune Business News)
- Jun. 28--A Duluth-based corporation that's already a big wheel in the used auto business will likely be growing even larger. Minnesota Power Inc. announced Tuesday that its ADESA auto auction subsidiary has signed a letter of intent to buy eight ADT Automotive auctions and...
- Research articles 2000-06-29
- Southern California Used-Car Reseller Accused of Theft.(Originated from The Orange County Register, Calif.)
- IRVINE, Calif.--Apr. 18--Auto wholesaler Manheim Auctions Inc. alleges in court documents that troubled used-car reseller Leadco and its owner Bijan "Brian" Sharifi diverted at least $5 million in cash in the days before filing for bankr IRVINE, Calif.--Apr. 18--Auto wholesaler Manheim Auctions Inc....
- Research articles 1997-04-18
- Affiliate of Minnesota Power Company Buys Nine Auto Auctions.(Knight Ridder/Tribune Business News)
- Oct. 9--ADESA, a subsidiary of Allete, formerly called Minnesota Power Inc., announced Monday that it has completed its purchase of nine auto auctions. The company paid $251 million to buy the operations from Manheim Auctions. The deal involves auctions in Phoenix; San Francisco; Atlanta;...
- Research articles 2000-10-10
- Big body shop helps ADESA meet demand.(Brief Article)(Statistical Data Included)
- It's not easy to sell cars that have been banged up, so ADESA Corp. has built a huge body shop that can repair up to 300 vehicles per week. ADESA, the nation's second-largest auto auction behind Manheim Auctions Inc., has opened the 500-by-100 body shop at its...
- Research articles 2000-08-07
- Auctions: Used prices will rise slightly in '06.(Remarketing)
- Byline: Arlena Sawyers Wholesale prices of used vehicles won't rise much this year, the two largest auto auction companies agree. Analysts for Manheim and ADESA Inc. made separate presentations at the National Automobile Dealers Association convention here this month. Many of...
- Research articles 2006-02-27
- Group 1 Automotive Inc. Q4 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Our first question is from Edward Yruma – J.P. Morgan. Edward Yruma – J.P. Morgan Have you seen any impact in credit availability to your consumers? Is it much tougher to get subprime consumers financed and have rates ticked...
- Earnings calls 2008-03-10
- In California, Riverside Auto Seller Negotiates Major Expansion.(Originated from The Business Press, Ontario, Calif.)
- Nov. 3--The Riverside Auto Auction is negotiating to buy 26 acres for a major expansion of its auction and vehicle wholesale operation north of Riverside Municipal Airport. Atlanta-based Manheim Auctions, which operates the Riverside Auto Auction, is in talks with Dow...
- Research articles 1997-11-03
- ADESA buyout boosts its salvage auction business.(News)
- Byline: Arlena Sawyers ADESA Inc., the No. 2 U.S. vehicle-auction company, says its decision to go private will increase greatly its presence in salvage auctions. Customers and industry analysts say they expect no major changes in the way ADESA operates its...
- Research articles 2007-01-08
- Auction volume forecast to rise in '07.(Remarketing)
- Byline: Arlena Sawyers Sales volume at wholesale vehicle auctions will grow this year, the nation's two largest auto auction companies predict. More off-lease, rental and commercial fleet vehicles returning to the market as used cars and trucks will fuel the increase, say...
- Research articles 2007-02-26
- World Omni/CenterOne Presents National Auction Awards
- DEERFIELD BEACH, Fla. -- World Omni Financial Corp. World Omni and its division, CenterOne Financial Services LLC CenterOne, recently presented the Region One World Class Auction of the Year, Region Two World Class Auction of the Year, and World Class Internet Auction of the Year awards to Manheim Auto Auction,...
- Research articles 2006-06-20
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