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NewsJanuary 19, 2007

Ritchie Bros. Auctioneers Selects Accruit as Exclusive Provider of 1,031 Like-Kind Exchange Services

LINCOLN, NE – Ritchie Bros. Auctioneers has selected Accruit LLC as its exclusive provider of 1,031 like-kind exchange (LKE) services. In addition, Peter Blake, chief executive officer of Ritchie Bros Auctioneers, has been appointed to Accruit's board of directors.

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NewsJanuary 19, 2007

Kontos: Wholesale Vehicle Prices Remain Soft

CARMEL, IN - Wholesale used-vehicle prices remained soft in December, reflecting ongoing weakness in retail sales.

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NewsJanuary 19, 2007

Autotropolis.com Launches New- and Used-Vehicle Buying Portal

TAMPA, FL – Autotropolis.com has launched a new Web site providing interactive research tools for new- and used-vehicle shoppers.

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NewsJanuary 19, 2007

AutoTrader.com Reports Most-Searched-for Vehicles in 2006

ATLANTA - AutoTrader.com has announced the top 10 most-searched-for vehicles on its site in 2006. The company reported the Ford Mustang was the most-searched model vehicle in 2006, while manufacturers Chevrolet, Ford, and Honda each placed two of its vehicle models among the top 10.

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NewsJanuary 19, 2007

MonsterMotors.com Offers Used-Car Dealers Community-Based Online Auto Auctions

CHICAGO – MonsterMotors.com has created a community-based online auction concept to selling used vehicles. The company is rolling out community-based auto auctions nationwide starting in Chicago, where it is channeling its online auctions through locally respected car dealers.

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NewsJanuary 19, 2007

2007 Conference of Automotive Remarketing $100 Early-Bird Discount to Expire Jan. 31

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, at Caesars Palace in Las Vegas. Keynote speakers will include Jim Sanfilippo, executive vice president, AMCI Marketing, and Chip Perry, president and CEO, AutoTrader.com.

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NewsJanuary 19, 2007

Insurance Auto Auctions Opens in Denver

WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA), has opened a 27-acre facility in Denver. The greenfield development, centrally located just northeast of downtown Denver, is IAA's first location in Colorado and is regionally significant for the market coverage it will provide in the Rocky mountain region.

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NewsJanuary 19, 2007

Heavy-Duty Truck & Equipment Auction Opens in Chattanooga

CHATTANOOGA, TN – The Chattanooga Auto Auction, a ServNet Auction, introduced a new subsidiary – Chattanooga Heavy Duty Truck and Equipment Auction – which opened Nov. 30, 2006, with 96 units offered for sale at the premiere event.

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NewsJanuary 19, 2007

Walsh Promoted to Executive Sales Director, ADESA Corp.

CARMEL, IN – ADESA, Inc. has promoted Brad Walsh to executive director of national sales for ADESA Corp., the company's used-vehicle services business.

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NewsJanuary 19, 2007

American Auto Auction Retains TPC Management Co. for Strategic Consulting

CHESAPEAKE, VA – American Auto Auction – Chesapeake has retained TPC Management Co. for strategic consulting. The engagement will focus on developing relationships with national account - fleet/lease concerns as well as management recruiting and training.

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