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NewsNovember 13, 2009

Auto Finance Veteran Launches Windsor Remarketing

FORT WORTH, TEXAS — Windsor Remarketing has entered into the third-party servicing business and is currently signing up clients who need to liquidate their repossessed vehicles.

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NewsNovember 6, 2009

Used-Car Prices Up 16 Percent, Domestics Hold Better Value, Says Edmunds.com

SANTA MONICA, CA — Three-year-old used cars currently sell for about 16 percent more than they did this time last year.

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NewsNovember 6, 2009

October Consumer Bankruptcy Filings Surge 28 Percent Over Last Year

ALEXANDRIA, VA — The 135,913 consumer bankruptcy filings in October represented a 27.9 percent increase over last October's monthly total of 106,266, according to the American Bankruptcy Institute (ABI).

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NewsNovember 6, 2009

NADA Chief Economist Counters Edmunds.com Analysis of C4C Program

MCLEAN, VA – After a thorough review of the Cash for Clunkers program, the chief economist of the National Automobile Dealers Association (NADA), Paul Taylor, determined the cost of each incremental vehicle sold was around $4,587.

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NewsNovember 6, 2009

KAR Holdings Changes Name to KAR Auction Services

CARMEL, IN - KAR Holdings, Inc., a leading provider of vehicle and salvage auction services in North America, announced the company changed its name to KAR Auction Services, Inc.

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NewsNovember 6, 2009

OPENLANE Launches Third Party Inspection Service on Auction Site

MENLO PARK, CA – OPENLANE, Inc. announced the launch of its nationwide Third Party Inspection (TPI) service for all sellers on OPENLANE's auction site.

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NewsNovember 6, 2009

Manheim Unveils Key Enhancements to Web Site Aimed at Heavy Truck & Equipment Buyers & Sellers

ATLANTA – Thanks to key enhancements to Manheim's heavy truck and equipment Web pages, both buyers and sellers of these units will now have more targeted information at their fingertips to help grow their businesses.

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NewsNovember 6, 2009

CBP in LA Seizes a Volkswagen Bus Stolen in 1974

LOS ANGELES – As a result of an outbound operation at the Los Angeles/Long Beach seaport, U.S. Customs and Border Protection officials seized a 1965 Volkswagen Bus which was reported stolen in Spokane, Wash. more than 35 years ago.

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NewsNovember 6, 2009

Carfax Moves to Protect Consumers from Cash for Clunkers Scams

CENTREVILLE, VA – Carfax Reports now alert buyers and sellers about any vehicle that was supposed to be scrapped as part of the Cash for Clunkers program. It is illegal to resell any car traded-in under the Cash for Clunkers program.

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NewsNovember 6, 2009

Manheim Honored Among AARP's ‘Best Employers for Workers Over 50' for 2nd Consecutive Year

ATLANTA – For the second year in a row, Manheim, a leading provider of vehicle remarketing services, was named one of the AARP's “Best Employers for Workers Over 50.”

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