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NewsApril 3, 2009

Sparkling City Auto Auction Looks Forward to Spring with Dual Promotions

CORPUS CHRISTI, TEXAS – After two very successful promotions in 2008, Sparkling City Auto Auction has unveiled plans for its first major promotion in 2009.

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NewsApril 3, 2009

State Line Auto Auction Adds Long-Time Employee to 20-Year Club

WAVERLY, NY - Ray Canzler was recently honored by State Line Auto Auction as the newest member of its 20-Year Club. He joins an exclusive group at State Line that now includes nine members.

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NewsApril 3, 2009

Banner Award Year for Carolina Auto Auction

WILLIAMSTON, SC - 2008 was a banner year for Carolina Auto Auction, which received a number of top performance awards from national vehicle consignors.

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NewsMarch 26, 2009

U.S. District Court Rules in Manheim's Favor in Patent Case

ATLANTA – A U.S. District Court ruling yesterday has resolved a four-year patent dispute between Manheim and Auction Management Solutions, Inc., (AMS) vindicating Manheim's position on the matter.

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NewsMarch 26, 2009

ALD Automotive USA Announces Strategic Alliance with Innovative Funding Services

MADISON, WI - ALD Automotive, one of the largest leasing and fleet management companies, announced a strategic alliance with Innovative Funding Services (IFS) for its US subsidiary.

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NewsMarch 26, 2009

Insurance Auto Auctions Leads Amending Utah Legislation

WESTCHESTER, IL – Insurance Auto Auctions, Inc., a North American automotive and specialty vehicle salvage auction company, announced the passing of Utah Senate Bill 193.

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NewsMarch 26, 2009

Flint Auto Auction Named General Motors Auction of the Year for 2nd Straight Year

FLINT, MI – For the second year running, General Motors has recognized the Flint Auto Auction as winner of its most prestigious honor for its auction partners - the Auction of the Year Award.

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NewsMarch 26, 2009

OPENLANE Releases Market Index; Wholesale Prices Continue Strong

MENLO PARK, CA –OPENLANE released its March Market Index March 16, which showed price improvements among cars, trucks, minivans, and SUVs.

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NewsMarch 26, 2009

Recovering Residual Truck Values Tied to Auto ABS Ratings

TORONTO — The recovery of used auction prices across several vehicle segments — especially trucks and SUVs — is a positive development for auto ABS.

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NewsMarch 26, 2009

Fireside Bank to Cease Originations, Exits Auto Finance

PLEASANTON, CA – Unitrin Inc. has announced plans to shelve Fireside Bank, the company's subprime auto finance unit. Fireside will cease originations immediately and collect and service its existing portfolio in-house.

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