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NewsOctober 30, 2009

New World Auction Record Set for an Aston Martin DB2 at RM's ‘Automobiles of London'

LONDON, ENGLAND – International auction house, RM Auctions, concluded its 2009 auction season on a high note in London, posting £10.9 million in total sales with a strong 87 percent of all lots sold at the third-annual ‘Automobiles of London' event.

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NewsOctober 30, 2009

GMAC Financial Services Offers $2.9 Billion of Guaranteed Debt

DETROIT - GMAC Financial Services announced that it has priced an offering for $2.9 billion of senior fixed rate notes guaranteed by the Federal Deposit Insurance Corporation (FDIC) pursuant to the FDIC Temporary Liquidity Guarantee Program (TLGP).

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NewsOctober 30, 2009

FLD, Inc. Names Sanders as CEO

DELRAY BEACH, FL — FLD, Inc., a privately held automobile remarketing company in North America, announced that Ron Sanders has been named chief executive officer.

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NewsOctober 30, 2009

Manheim Creates Operational Excellence Group to Enhance Customer Experience

ATLANTA – As part of its efforts to drive increased consistency and convenience for its customers, Manheim announced the creation of a new Operational Excellence group.

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NewsOctober 23, 2009

In Memoriam: Jim Wheatley, 1934-2009

HARISSONBURG, VA – Past National Auto Auction Association (NAAA) President James H. “Jim” Wheatley passed away Oct. 18, in Harrisonburg, Va. He was 75.

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NewsOctober 23, 2009

SmartAuction Signs Deal with CenterOne Financial Services

TROY, MI – SmartAuction, the remarketing industry's leading, upstream wholesale auction Web site, has signed a deal with CenterOne Financial Services LLC (CenterOne) to begin listing its off-lease vehicles for sale.

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NewsOctober 23, 2009

Hyundai Motor Finance New Consignor at Indiana Auto Auction

FT. WAYNE, IN – Indiana Auto Auction in Ft. Wayne, Ind. announced the addition of Hyundai Motor Finance to their family of consignors.

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NewsOctober 23, 2009

IARA Recognizes Triad Executive with Special Achievement Award

NORTH RICHLAND HILLS, TEXAS – Scott France, senior vice president of Portfolio Management at Triad Financial, received the annual Special Achievement Award from the International Automotive Remarketers Alliance (IARA).

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NewsOctober 23, 2009

State Line Auto Auction's 20-Year Club Grows

WAVERLY, NY – Two more veteran employees have joined State Line Auto Auction's 20-Year Club, an ever-growing group which now includes 18 employees, with the recent addition of Bernie Andrews and Steve Olmsted.

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NewsOctober 23, 2009

‘Crash for Cash' Demolition Derby at Charleston Auto Auction Raises $17k for National Kidney Foundation

MONCKS CORNER, SC - Beginning August 28th and running through October 9th, Charleston Auto Auction held its "Dealer Stimulus Promotion," which culminated in the first ever "Crash for Cash Dealer Demolition Derby" on October 8th.

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