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Tag: auctions
ADESA Acquiring Brasher Auctions
2016-02-18 19:14:51| AutomotiveDigest.com - Automotive Industry News
ADESA is acquiring eight auctions owned by the Brasher family, according to an announcement from ADESA parent company KAR Auction Services, Inc. The Brasher auctions are located in Salt Lake City, Sacramento, Portland, Boise, San Jose, Eugene, Ore., Reno, and Fresno. Brasher's key corporate and local auction personnel will maintain leadership roles across the Brasher auctions. Brasher's will be acquired for about $283 million in cash. The Brasher family had been instrumental in the formation of the ServNet independent auction network. The Article ADESA Acquiring Brasher Auctions appeared first on Automotive Digest.
Tags: auctions
acquiring
brasher
adesa
40,000 Vehicles Damaged By Chennai Flood Fly off In Killer Auctions
2016-02-06 02:40:21| Auto Dealers - Topix.net
A devastating flood hit Chennai late last year, and over 40,000 vehicles went off the roads because of the incident - now used car dealers are making a kill buying the cars from auction lots for cheap, according to a BBC report . Many lucky buyers report buying the latest Porsche from the damaged car auctions for a cheap $7,000, while others bought new model luxury cars such as Jaguar, Range Rover, BMW, Mercedes, and Audi among others for a third or fourth the market price.
Tags: auctions
fly
vehicles
killer
India's 'dead' car auctions: Where you can get a Porsche for $7,000
2016-02-05 06:27:25| Auto Dealers - Topix.net
In the middle of a sprawling yard lined with used cars, Jambu Kumar is hunting for a Mercedes Benz sedan. The 29-year-old did not own a car until six years ago.
Banks raise 30 billion yuan for clean projects in China's first green bond auctions
2016-01-29 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Carbon Pulse: Shanghai Pudong Development Bank and China Industrial Bank this week raised 30 billion yuan ($4.56 billion) in funding for environmental projects, including efforts to cut carbon emissions, as they held their first green bond auctions. The two banks were last week picked by the Chinese government as the first two financial institutions to be awarded quotas for fundraising through green bonds, each allowed to raise 50 billion yuan over three years. Both held over-subscribed auctions this week, achieving...
Tags: green
projects
clean
auctions
Local Dealers Depending on Physical Auctions
2015-10-29 05:44:44| AutomotiveDigest.com - Automotive Industry News
Physical auctions are still the baseline remarketing channel for dealers, even when theyre active in online auctions. The Article Local Dealers Depending on Physical Auctions appeared first on Automotive Digest.
Tags: local
physical
auctions
depending
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