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NewsMay 7, 2007

Chrysler Group Announces April 2007 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI – The Chrysler Group reported that its Five Star dealers sold 10,393 Certified Pre-Owned Vehicles (CPOV) in April 2007, a 2-percent decline from the same month last year (2006: 10,586). However, year-to-date sales were up 6 percent to 42,623 units (2006: 40,357).

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NewsMay 7, 2007

Manheim Wholesale Used-Vehicle Prices Up in April

ATLANTA – Manheim's wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) inched up in April. Prior to the seasonal adjustment, wholesale prices were off 0.9 percent for the month. The Manheim Used Vehicle Value Index reading was 114.2 in April, the same as a year ago.

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NewsMay 7, 2007

Carfax Opens Database of Airbag Deployments Free to Public

CENTREVILLE, VA – Industry experts estimate that as many as one out of 25 previously damaged vehicles may have non-functional airbags. Conmen purposely replace deployed airbags with anything from packing peanuts to stolen units. This growing scam is threatening used-car buyers everywhere.

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NewsMay 7, 2007

Odyne Corp. Enters Into Sales and Marketing Agreement with Creative Bus Sales, Inc.

HAUPPAUGE, N.Y. – Odyne Corp., a developer of plug-in hybrid-electric vehicle (PHEV) technology for trucks and buses, has announced an alliance with Strategic Bus Sales, Inc.

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NewsMay 7, 2007

New Funding Program to be Unveiled at 51st Year OVLA Convention

COLUMBUS, OHIO – A new funding program for independent vehicle and equipment lessors will be detailed at the 51st Year Convention of the Ohio Vehicle Leasing Association (OVLA) May 24 at the Midwest Hotel & Convention Center in Columbus.

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NewsMay 4, 2007

Walsh to Lead ADESA Southern Indiana

CARMEL, IN – ADESA has announced that Chris Walsh will lead ADESA Southern Indiana as general manager beginning May 14. The auction is located between Indianapolis and Louisville, Ky., in Edinburgh, Ind.

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NewsMay 4, 2007

The Wholesale Institute Extends Series of Free Seminars

ATLANTA – Building on positive dealer feedback from its first round of free seminars, The Wholesale Institute (TWI) will hold nine additional workshops across the country from May through September. The next two Wholesale Institute sessions will take place in Las Vegas May 16 as part of the National Alliance of Buy Here, Pay Here Dealers (NABD) 2007 Conference and in Nashville June 4.

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NewsMay 4, 2007

Bobit Business Media to Present Managing Fleet Safety, Accident Avoidance, and Driver Training Webinar

TORRANCE, CA – Bobit Business Media's latest installment in its Web seminar series “Managing Fleet Safety, Accident Avoidance, and Driver Training” will be held May 24, from 2-2:45 p.m. (EST), 11-11:45 a.m. (PDT). The program is sponsored by CEI, Volvo and Driver's Alert.

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NewsMay 4, 2007

Manheim Automotive Financial Services (MAFS) Expands Dealer Service Centers to Nine Locations Nationwide

ATLANTA – Manheim Automotive Financial Services (MAFS) has announced the opening of eight new Manheim Dealer Service Centers throughout the U.S., bringing the total number of locations to nine. All centers will provide customers with a range of financial services and access to other Manheim products, including Manheim Simulcast and OVE.com.

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