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By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
On September 10, 2011, Freeman's held an auction that brought $3.5 million for an Imperial white jade seal from the Qianlong period, triple the highest sale in the company's history. [9] Other notable auction records set at Freeman's include a sculpture by Wharton Esherick as part of their annual Pennsylvania Sale in November 2014. [10]
Copart provides vehicle sellers with a range of services to process and sell repairable and clean title vehicles over the internet, using its patented virtual auction technology, named VB3, as well as others of its auction-related brands. Copart is a public company and is traded on the NASDAQ under the ticker symbol CPRT and has been named to ...
May. 27, 2014 9:39 AM EDT PHILADELPHIA (AP) - A closed-door auction is getting underway to determine the future of Philadelphia's two largest newspapers. The Philadelphia Inquirer and Philadelphia ...
Mecum subsequently traded his remaining trucks to a North Carolina man in exchange for 40 collector cars; these, in addition to his own collection of 15 cars, prompted him to hold an auto auction. [3] The company's first auction was held in Rockford, Illinois in 1988. It was intended as a one-time event, but was derailed by 90-mile-per-hour ...
Scott Painter and Tom Taira started the business to provide white-label auto-buying programs to affinity groups. The company's initial partner was Capital One in order for its customers to arrange financing, access upfront pricing, and locate inventory online. [6] Other noted co-founders include Jim Nguyen, Oded Noy, and Bernie Brenner. [7] [8]
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CarGurus has Leapfrogged Autotrader to become traffic leader. - Yahoo