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NewsApril 25, 2007

Lithia Motors Launches Assured Vehicle Program in Alaska

ANCHORAGE, AK - Lithia Motors, Inc. has launched its national Assured Vehicle program at all of its dealerships in Alaska. The Assured Vehicle program is designed to simplify new- and used-vehicle transactions.

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NewsApril 25, 2007

Asbury Automotive Group Reports All-Time Record Gross Profit Results in Used Vehicles & Fixed Operations

NEW YORK - Asbury Automotive Group, Inc. has reported financial results for the first quarter ended March 31, 2007.

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NewsApril 19, 2007

Manheim to Celebrate Opening of its Largest Auction Reconditioning Center

ATLANTA – Manheim Auto Auction, in Manheim, Pa., will celebrate the official grand opening of its new reconditioning center April 19. The 200,000-sq.-ft. facility will house detail, paint and body, training, and mechanical shops all in one place.

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NewsApril 18, 2007

Rea Brothers' Mid-South Auction Joins ServNet

SPOKANE, WA - ServNet has announced the addition of it newest member: Rea Brothers' Mid-South Auction. A family-owned facility located near Jackson, Miss., Rea Brothers' Mid-South Auction has been one of the South's leading independent auctions since its founding in 1972.

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NewsApril 18, 2007

National Insurance Crime Bureau Teams with Experian Automotive to Fight VIN Cloning

DES PLAINES, IL and SCHAUMBURG, IL – The National Insurance Crime Bureau (NICB) today announced that it has teamed with Experian Automotive, a division of global information solutions company Experian Inc., to use its AutoCheck vehicle history reporting solution to help identify and recover vehicles stolen and resold through VIN cloning scams.

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NewsApril 18, 2007

Insurance Auto Auctions Opens in Western Colorado

WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA) has opened its newest auction center – Western Colorado – in Delta, located about 30 miles south of Grand Junction. The new 10-acre facility will provide service coverage to western Colorado as well as portions of southern and southeastern Utah.

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NewsApril 18, 2007

AutoUSA Dealers Named to Ward's E-100 List

FT. LAUDERDALE, FL – AutoUSA has announced that 88 of the top e-100 dealers ranked by Ward's Dealer Business purchased Internet leads from AutoUSA. Every year, Ward's ranks the top 100 dealers in the nation on the basis of units sold via the Internet.

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NewsApril 18, 2007

Kontos: ADESA Wholesale Used-Vehicle Market Conditions “Mixed”

CARMEL, IN – Current conditions in the wholesale market can best be characterized as “mixed,” according to Tom Kontos, ADESA's chief economist. For sellers of late-model used vehicles in factory and fleet/lease auctions, sales prices and conversion rates (units sold as a percentage of units offered) have generally been strong in recent weeks.

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NewsApril 18, 2007

NIADA to Hold 2007 Convention & Expo in Nashville

ARLINGTON, TEXAS – The National Independent Automobile Dealers Association (NIADA) will hold its 2007 annual convention will be held June 12-16, at the Opryland Hotel in Nashville, Tenn.

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NewsApril 18, 2007

ADESA Buffalo Receives Ford Auction Quality Award

CARMEL, IN — Ford Motor Company recently named ADESA Buffalo as its 2006 Auction Quality Award recipient for the East 1 Region for the second consecutive year.

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