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NewsOctober 23, 2007

ATC-Onlane Acquires CarsArrive Network to Offer Customers Greater Transportation Efficiency

MENLO PARK, CA – ATC-Onlane, the leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced that it has acquired CarsArrive Network, Inc., the nation's premier outsource provider of automated vehicle shipping services.

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NewsOctober 18, 2007

New Model-Year Releases Influencing Value of Older Models

GAINESVILLE, GA – During the past three months, the launch of 2008-model-year vehicles has pushed downward the resale values of two- and three-year-old passenger car and light trucks, according to vehicle appraisal guide Black Book.

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NewsOctober 18, 2007

GE Fleet Services, ABC Auto Auctions "Race to Give" for the United Way

SCHAUMBURG, IL – Paul Seger, vice president of asset remarketing for GE Fleet Services accepted a check for United Way, from ABC's Mike Hockett on Oct. 15 in Schaumburg, Ill.

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NewsOctober 18, 2007

Insurance Auto Auctions Launches Salvage Floorplan Initiative

WESTCHESTER, IL – Insurance Auto Auctions, Inc., a leader in automotive and specialty vehicle auction services in the United States and Canada, has implemented a comprehensive floorplan financing solution with Automotive Finance Corporation (AFC), a 20-year veteran of the wholesale floorplanning industry.

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NewsOctober 18, 2007

Tri-State Auto Auctions Sold to ADESA

FARGO, ND – ADESA Auctions announced that it has acquired Tri-State Auto Auction in West Fargo, and Sioux Falls Auto Auction near Sioux Falls, S.D. Tri-State Auto Auction, which celebrated its 55th year in business this past June, will be renamed “ADESA Fargo.”

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NewsOctober 18, 2007

Total Resource Auctions Adds California and Indiana Locations

ATLANTA – The Total Resource Auctions network of salvage wholesale auctions has expanded to 37 locations nationwide with the addition of two new operating locations in Fresno, Calif., and Clarksville, Ind.

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NewsOctober 18, 2007

BSC America to Go Live on OVE.com by End of 2007

ATLANTA – www.OVE.com, an online wholesale marketplace for dealer-to-dealer and commercial consignor business transactions, announced that BSC America will go live on its virtual wholesale auction platform by the end of 2007.

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NewsOctober 11, 2007

Dealers Auto Auction of the Southwest Joins IARA

MT. ARLINGTON, N.J. — The International Automotive Remarketers Alliance announces that Dealers Auto Auction of the Southwest (DAASW) in Phoenix, Ariz., an independent auction, has joined IARA.

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NewsOctober 11, 2007

Edmunds.com: Sept. Incentives Low

SANTA MONICA, CA – Edmunds.com, an online resource for automotive information, recently estimated that the average automotive manufacturer incentive in the United States was $2,293 per vehicle sold in September 2007, down $176, or 7.1 percent from August 2007, and down $267, or 10.4 percent from September 2006.

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NewsOctober 11, 2007

Manheim Locations Receive Top Honors From Customers at National Auto Auction Association Convention

CHICAGO – Manheim operating locations received numerous awards in sales performance, technology, and customer service at the recent 59th annual National Auto Auction Association (NAAA) Convention, held in Chicago.

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