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NewsJuly 30, 2010

Auction123 Introduces Facebook App

WESTON, FL - Auction123 announced the release of its Facebook application. Inventory will be advertised and marketed on a site where more than 500 million users spend an average of 25 minutes each day.

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NewsJuly 30, 2010

AUL Appoints Atkinson Chief Operating Officer

NAPA, CA – Napa-based AUL Corp., a national provider of used-car service contracts, announced the hiring of Jimmy Atkinson as chief operating officer and senior vice president.

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NewsJuly 22, 2010

GM to Acquire AmeriCredit

DETROIT — General Motors and AmeriCredit Corp. announced they entered into a definitive agreement for GM to acquire the subprime auto finance company in an all-cash transaction valued at approximately $3.5 billion.

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NewsJuly 22, 2010

Black Book Analyzes Which Models are the Toughest Sell

GAINESVILLE, GA - Heading toward fall and the introduction of the majority of the new model-year 2011 vehicles, normal expectations are a softening in the market, especially on later model-year vehicles,

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NewsJuly 22, 2010

Openlane Partners With Homenet To Make Wholesaling Cars Easier

REDWOOD CITY, CA – OPENLANE, Inc., an online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced it collaborated with HomeNet Automotive.

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NewsJuly 22, 2010

Manheim Announces First-Ever General Motors Dealer Lane Open Online Event Sale on OVE.com

ATLANTA – Manheim is celebrating the one-year anniversary of its General Motors Dealer Lane program by adding the lane's first-ever monthly Online Event Sale on OVE.com.

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NewsJuly 22, 2010

Unfixed Recalls for Sale; Carfax Study Shows Emerging Issue

CENTREVILLE, VA - At least 1.4 million used cars that were recalled but not repaired were for sale in 2009.

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NewsJuly 16, 2010

Black Book: ‘Very Positive Retention Value' for New Diesel Engines

GAINESVILLE, GA – The used-vehicle market is performing well following the Fourth of July holiday, with auction attendance and activity stable, but there is noticeable activity from the truck segment and its improved retention values.

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NewsJuly 16, 2010

Used-Vehicle Demand Weakens Due to High Price Threshold

CARMEL, IN - The latest data from the Federal Reserve Board indicates that used vehicles financed in April had an average retail price of more than $19,400, 61.7 percent of the average new vehicle financed that month.

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NewsJuly 16, 2010

Carfax Database Reaches 8 Billion Records Milestone

CENTREVILLE, VA – Carfax announced its online database of vehicle history information now exceeds 8 billion records, including more than 34,000 sources.

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