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NewsNovember 16, 2006

Kontos: Used-Vehicle Market Gaining Ground, Rising 5.9% Above Oct. 2005 Sales

CARMEL, IN - The used-vehicle market showed further signs of improvement in October. Retail used-vehicle sales registered their first significant year-over-year increase of 2006, rising 5.9 percent over October 2005.

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NewsNovember 16, 2006

Chrysler Group Posts Records in October 2006 for Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI - Chrysler Group reported that its Five Star dealers posted an all-time October sales record of 9,363 Certified Pre-owned Vehicle (CPOV) units, a 15-percent increase from October 2005 sales. Year-to-date sales reached a record 97,854 units, increasing 10 percent from year-to-date sales last year.

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NewsNovember 16, 2006

Manheim & Big Twin West to Host Custom Bike Auction During Trade Show

ATLANTA – Manheim and Big Twin West will partner to host a custom bike auction on December 3, at the Mandalay Bay Convention Center in Las Vegas. The auction will be available through Manheim Simulcast, which allows dealers to participate in the live auction online.

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NewsNovember 15, 2006

AutoTrader.com Launches Keyword Search

ATLANTA — AutoTrader.com has launched its Keyword Search and Features Checklist functions. The new features customize the car-shopping process and make it easier for consumers to find the exact car of their choice.

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NewsNovember 15, 2006

America's Auto Auction, Inc. Retains TPC Management Co. for Strategic Consulting

DALLAS – America's Auto Auction, Inc., has retained TPC Management Co. for strategic consulting to the auction group's corporate staff. TPC will work directly with the Ben Lange, the auction's president, and his staff in identifying acquisition opportunities and further developing auto auction operations.

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NewsNovember 15, 2006

ALG Announces 8th Annual Residual Value Awards for Top Segment Leaders & Brand Residual Value Awards

SANTA BARBARA, CA - Automotive Lease Guide (ALG) has announced its annual Residual Value Awards, which honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price. This year's awards are based on 2007-model year vehicles.

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NewsNovember 15, 2006

Cox Auto Trader Names George Vice President of Strategy & Business Development

ATLANTA – Atlanta-based Cox Auto Trader has appointed Joe George, 40, vice president of strategy and business development. Reporting to Sandy Schwartz, president, George will be responsible for maximizing value and implementing synergies across Cox Auto Trader companies and identifying potential partnerships and business alliances across all of Cox Enterprises' subsidiaries.

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NewsNovember 14, 2006

Spike in October Sales Helps DriveTime's Annual Fundraiser

PHOENIX – DriveTime, a used-car sales and finance company, announced the company's third-annual October SchoolDrive Sales Promotion raised a record $525,000 – nearly a 10-percent increase over last year.

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NewsNovember 14, 2006

Union Leasing Selects Fourth Fleet Financial for Driver/Employee Sale Financing Program

SCHAUMBURG, IL - Union Leasing has chosen Fourth Fleet Financial, Inc. to provide automotive financing and extended service contract protection options for its Driver/Employee Sale Program.

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NewsNovember 9, 2006

In MemoriamKenneth Wayne Aycock: 1938-2006

KENLY, N.C. – Kenneth Wayne Aycock, of Aycock Auto Auction, located in Kenly, passed away in his home Nov. 7, 2006, at the age of 68.

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