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NewsNovember 9, 2006

Acacia Automotive, Inc. to Start New Auction Group

OCALA, FL – Tony Moorby, president and COO, Acacia Automotive, Inc., along with Steve "Junior" Sample, chairman and CEO, are looking to acquire already-profitable mid-sized auctions.

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NewsNovember 9, 2006

Chinese Auto Dealers Visit Manheim's Aloha Auto Auction

ATLANTA – Manheim's Aloha Auto Auction in Honolulu, Hawaii, recently hosted a delegation from the Chinese Automobile Dealers Association (CADA). It was their first visit to a U.S. auto auction.

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NewsNovember 9, 2006

ServNet Auctions Commissions J.D. Power & Associates to Provide Independent Price Performance Information

INDIANAPOLIS – ServNet Auctions plans to retain Power Information Network, a division of J.D. Power and Associates, to provide a quarterly report that will compare the average price performance results of its independent member auctions to the average performance of their respective region.

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NewsNovember 9, 2006

RSA Mortgage to Close, but Won't Affect RSA Automotive Solutions

BUFFALO, NY - Approximately 130 employees at RSA's Amherst mortgage unit will lose their jobs early next year when RSA Mortgage Solutions, Inc., shuts down Jan. 5 2007.

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NewsNovember 8, 2006

Group 1 Automotive Reports 25% Increase in Third-Quarter Earnings Per Share

HOUSTON – Group 1 Automotive, Inc., a Fortune 500 automotive retailer, reported that net income for the third quarter ended Sept. 30, 2006, increased 22.2 percent to $26.4 million, on revenues of $1.6 billion.

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NewsNovember 8, 2006

RouteOne Offers Dealers Free Subscriptions to Its autoValue Used-Vehicle Valuation Tool

FARMINGTON HILLS, MI – RouteOne will offer dealers the opportunity to win a free, one-year subscription to its autoValue used-vehicle valuation tool, integrated with values from the N.A.D.A. Official Used Car Guide, at the F&I Technology Conference and Expo, ending Nov. 10, in Las Vegas.

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NewsNovember 8, 2006

Certified Pre-Owned Programs Drive More Car Sales

CHICAGO – Experian Automotive and Cars.com have announced details of new studies that independently measure the impact of certification on vehicle sales and consumer awareness of certified programs and their features.

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NewsNovember 8, 2006

Manheim Launches Improved Online Remarketing Service for Fleet Customers

ATLANTA – Manheim has launched Electronic Vehicle Purchase (eVP) 2.0, an updated version of its upstream remarketing service for fleet administrators and corporate fleet managers.

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NewsNovember 8, 2006

IARA Online Remarketing Courses Reach 150 Students

MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance's (IARA) Online Remarketing Courses this month reached its 150th-student milestone.

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NewsNovember 8, 2006

Save the Date for the 2007 Conference of Automotive Remarketing

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR), held in conjunction with the International Automotive Remarketers Alliance (IARA) Roundtable Conference, will be held Feb. 28-March 2, 2007 at Caesars Palace in Las Vegas.

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