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NewsMay 4, 2007

PADE Holds 5th Annual Big Boys' Toys Sale

YORK, PA – Pennsylvania Auto Dealers' Exchange (PADE) saw a record crowd at its 5th Annual Big Boys' Toys Sale April 25. With almost 200 vehicles registered for the event and nearly 2,600 overall, sales percentages exceeded expectations with more than 70 percent of vehicles offered being sold.

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NewsMay 4, 2007

Byrd Joins ADESA as Executive Vice President of Corporate Development

CARMEL, IN – ADESA, Inc. has announced that Warren Byrd has returned to the company as its executive vice president of corporate development.

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NewsMay 4, 2007

Flexco Fleet Services Releases Virtual Sales Manager

WESTERVILLE, OHIO - Flexco Fleet Services, a provider of nationwide corporate vehicle remarketing and fleet services, has announced several enhancements to its Client Access tool, now labeled Virtual Sales Manager. Building on the successes from last year's upgraded platform, new programs include a fully-integrated Vehicle Identification Decoder, an enhanced Consignment Location Search feature, and a new Closed-Bid Auction Status application.

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NewsMay 4, 2007

TPC Management Unveils Remarketing Industry CRM Product at NAAA Zone Meeting in Florida

FRANKLIN, TN – Last month, TPC Management Co. unveiled the vehicle remarketing industry-specific Customer Relations Management (CRM) product at the National Auto Auction Association (NAAA) Zone meeting in Bonita Springs, Fla. The Internet-based system, called JumpropeCRM, contains updated information on all major institutional vehicle sellers from across the country.

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NewsMay 4, 2007

ADESA Promotes Kontos and Lips to Executive Vice Presidents

CARMEL, IN – ADESA has promoted Tom Kontos and Paul Lips to executive vice presidents of the company's used-vehicle operations and will report directly to ADESA President and CEO Jim Hallett. Kontos will assume the role of EVP of customer strategies and analytics and Lips will serve as EVP of operations and finance.

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NewsMay 4, 2007

Memphis Auto Auction to Host BBQ and Cars Event

MEMPHIS, TN – Memphis Auto Auction's BBQ and Cars event is scheduled for May 15-19. The city-wide “Memphis in May Barbecue Festival” transforms downtown Memphis into the BBQ Mecca featuring world championship competitions, live music, and food.

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NewsMay 2, 2007

UnitedAuto Expands Presence in Texas

BLOOMFIELD HILLS, MI - United Auto Group, Inc., an international new and used automotive retailer, has expanded its presence in Texas with the acquisition of the Classic Automotive Group in Austin.

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NewsMay 2, 2007

AutoExtra.com Unveils New Comprehensive Search

NORFOLK, VA – AutoExtra.com shoppers can now search new or used vehicles based on body style, engine features, listed options, and more.

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NewsMay 2, 2007

Chrysler Plans Cut in Daily Rental Fleet Sales

AUBURN HILLS, MI – Chrysler Group plans what it described as an “aggressive” reduction in sales to rental agencies to shore up the residual value of its cars and trucks over three years.

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NewsMay 1, 2007

GM Certified Used Vehicle Sales Up 3% from Last Year

DETROIT - April 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 41,622 units, down 11 percent from last April. Total year-to-date certified GM sales are 181,473 units, up 3 percent from the same period last year.

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