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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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NewsDecember 6, 2006

Kelley Blue Book's kbb.com Releases Residual Value Analysis

IRVINE, CA – Kelley Blue Book (www.kbb.com) has announced the 2007-model year vehicles expected to retain the greatest proportion of their original retail prices after five years of ownership.

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NewsDecember 6, 2006

NADAguides.com and AutoTrader.com Launch 'Find a Dealer' Program

COSTA MESA, CA – NADAguides and AutoTrader.com have launched the 'Find a Dealer' campaign, a program designed to help shoppers find local automotive dealers through which they can buy new and used cars.

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NewsDecember 6, 2006

Manheim Celebrates Opening of N.A.D.E. Distribution Center

ATLANTA – Manheim officially opened a new 70,000-square-foot vehicle distribution center at its National Auto Dealers Exchange (N.A.D.E.) location in Bordentown, N.J., last week.

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NewsDecember 6, 2006

GM Certified Used-Vehicle Sales Down 1% from Last Year

DETROIT – November sales for GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles were 42,006, down 1 percent comparable to last November's sales.

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