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NewsJuly 23, 2009

AutoLookout Offers Free Access to CARFAX Auction Tool

CENTREVILLE, VA – AutoLookout has integrated access to CARFAX Auction Quick Check. The tool is initially free for Carfax-subscribing dealers through AutoLookout's network of auction Web sites.

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NewsJuly 23, 2009

Powersports, Clunkers & High Mileage

GAINESVILLE, GA – The supply of used vehicles continues to be a problem for both dealers who need inventory and auctions that need more cars to service those buyers' needs.

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NewsJuly 23, 2009

OPENLANE Expands Business with Automotive Finance Company

MENLO PARK, CA – OPENLANE, Inc. announced Ford Motor Credit Company is now making its off-lease inventory available on OPENLANE's open auction site.

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NewsJuly 17, 2009

Wholesale Resale Values Increase for Car & Truck Segments

GAINESVILLE, GA – The used-car market is experiencing increases in values across the board. All 10 car segments increased in value and the total truck segment group also increased over eight consecutive weeks.

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NewsJuly 17, 2009

IARA Summer Roundtable Agenda Available

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) is announces The 2009 Summer Remarketing Roundtable Series this August in Chicago.

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NewsJuly 17, 2009

CarMax Reports Increased Online Searches for Hybrid and Diesel Vehicles

RICHMOND, VA – CarMax, Inc. reports that searches on www.carmax.com for hybrid vehicles has risen 4 percent in June over May while diesel vehicle searches rose 7 percent over the same time period.

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NewsJuly 10, 2009

NAAA Drafts Industry Standard for Electronic Condition Report

FREDERICK, MD – The National Auto Auction Association (NAAA) announced the release of a proposed industry-wide standard for the Electronic Condition Report (ECR) to be used in vehicle inspections prior to a sale at NAAA auctions.

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NewsJuly 10, 2009

GMAC Statement on Bankruptcy Court Approval of Sale of Assets by GM

DETROIT – GMAC Financial Services has been notified that the U.S. Bankruptcy Court has approved the sale of assets of General Motors Corporation to an entity sponsored by the U.S. Treasury.

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NewsJuly 10, 2009

Standard & Poor's Downgrades AmeriCredit's Ratings

NEW YORK – Standard & Poor's Ratings Services lowered two credit ratings for AmeriCredit Corp., saying the auto finance company faces further deterioration in its loan portfolio.

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NewsJuly 10, 2009

SmartAuction Strikes Deal with Experian Automotive

TROY, MI – SmartAuction has announced a deal with Experian Automotive to screen daily SmartAuction's entire online inventory.

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