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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out. According to him, "The tenants started calling me in the middle of the night to fix ...
Tucker #1052 was a test chassis used at the factory for testing automatic transmission designs. The car consisted of only the chassis, driveline, suspension, dashboard, and seats. The car was completed in 2015 by Tucker enthusiast John Schuler using parts he collected over many years, along with front sheetmetal sourced from Tucker #1018.
Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling ...
Carvana acquires Adesa US auction business for $2.2B to jump-start used car sales. Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 ...
It was only in June that Motorway — a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale — raised $67.7 million in a Series B round. It’s ...
In Wisconsin, 159 auto dealers have been affected by the CDK hack and shutdown, according to the state Department of Motor Vehicles. The shutdown has caused some of them to revert to old-fashioned ...
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