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NewsDecember 12, 2006

Ritchie Bros. Auctioneers Holds Largest Western U.S. Auction in Company History

PERRIS, CA – Ritchie Bros. Auctioneers has announced the results of its two-day unreserved industrial auction held at the company's permanent auction site in the Los Angeles area (Perris).

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NewsDecember 12, 2006

Chrysler Group Posts Record Highs for November 2006 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a November 2006 sales record of 9,457 Certified Pre-owned Vehicle (CPOV) units, rising 10 percent from November 2005 sales.

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NewsDecember 12, 2006

PHH Arval Adds Black Book Data to PHH InterActive

SPARKS, MD – PHH Arval has integrated Black Book Value Guide data within PHH InterActive, the company's secure, clients-only information management system.

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NewsDecember 12, 2006

GM Certified Used Vehicles Offers Special Financing on Select GM Full-Size SUV Models

DETROIT – GM Certified Used Vehicles has announced a limited-time, nationwide GMAC rate incentive program on select full-size General Motors SUVs.

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NewsDecember 12, 2006

Save the Date for the 2007 Conference of Automotive Remarketing & IARA Winter Roundtable Series Meeting

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas.

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NewsDecember 12, 2006

Lawmakers Pledge to Pursue Disclosure of Insurance Data on Flooded, Totaled, & Stolen Vehicles in Next Congress

WASHINGTON, D.C. – Led by Sen. Trent Lott, Rep. Cliff Stearns, and other Congressional leaders, the National Automobile Dealers Association (NADA) and a growing coalition pledged to continue their efforts to pass total-loss disclosure legislation when the new Congress convenes in January.

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NewsDecember 6, 2006

Manheim October Used Vehicle Index Declines to 112.0

ATLANTA - Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) inched higher in October. Absent the seasonal adjustment, auction prices declined in October, as they invariably do.

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NewsDecember 6, 2006

ADESA Fills Key Leadership Positions

CARMEL, IN — ADESA, Inc. has announced two key leadership positions have been filled at ADESA Sarasota, the company's most recent used-vehicle auction acquisition. Effective immediately, Bill Cieslak has been promoted from assistant general manager to auction manager and Luke Dietrick has moved from auction sales to assistant general manager.

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NewsDecember 6, 2006

Manheim Celebrates Grand Opening in Shangai

ATLANTA – Manheim officially celebrated the grand opening of its Manheim Guopai operating location in Shanghai, China. The event was marked by a VIP reception and a wholesale vehicle auction. Approximately 400 people attended, including 200 registered dealers who bid on 105 vehicles.

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NewsDecember 6, 2006

Black Book Data Now Available in Reynolds and Reynolds Dealer Management Software

GAINESVILLE, GA – Black Book used-vehicle values will be available in Reynolds' Contact Management and Desking software solutions. Both Contact Management and Desking automatically integrate with the most recently updated Black Book used-vehicle values to help streamline the used-vehicle buying, selling, and financing process.

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