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NewsJune 15, 2006

N.A.D.A. Official Used Car Guide Company Launches New Window Stickering Product For Dealers

MCLEAN, VA – The N.A.D.A. Official Used Car Guide Company (N.A.D.A.), data supplier of the used-vehicle values, launched a new Web-based window stickering product for dealers, in conjunction with the National Independent Automobile Dealers Association Annual Convention (NIADA), in Las Vegas.

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NewsJune 15, 2006

Kontos: Soft Wholesale Used-Vehicle Prices Continue

CARMEL, IN – The signs of softness in wholesale used-vehicle prices reported in April continued in May, reported Tom Kontos, chief economist, ADESA Inc. Average prices fell for the second consecutive month and were relatively flat on a year-over-year basis.

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NewsJune 8, 2006

Limited Number of Sponsorships Available for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketing Alliance (IARA) has announced there are a limited number of Gold ($4,000), Silver ($2,000), and Sponsor ($1,000) level sponsorships still available for the Annual IARA Summer Roundtable Series, held July 26-28 at the Omni Hotel in San Diego.

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NewsJune 8, 2006

Fiserv Automotive Solutions President Angert to Retire

AMHERST, NY – Stuart Angert, president of Fiserv Automotive Solutions, will retire Sept. 1. Kevin Collins, chief executive of the company, will take over for Angert.

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NewsJune 8, 2006

AutoTrader.com Partners With Lifetime To Award $10,000 Toward the Purchase of a Vehicle

ATLANTA – AutoTrader.com will award $10,000 towards the purchase of a vehicle found on its website to the grand prize winner of LifetimeTV.com's “Smart Wheels Sweepstakes.” The sweepstakes will run through July 1 and is an element of AutoTrader.com's 2006 media partnership with Lifetime.

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NewsJune 8, 2006

TRA Pittsburgh Joins Total Resource Auctions Network

ATLANTA – Manheim's Butler Auto Auction in Cranberry Township, Pa., has joined the Total Resource Auctions (TRA) network of salvage wholesale auctions and will hold salvage sales under the TRA Pittsburgh banner.

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NewsJune 8, 2006

TitleAuctions Selects Black Book as Preferred Valuation Source

PORTLAND, OR – TitleAuctions, Inc. has selected Black Book as its preferred source for valuation of credit union repossessed collateral.

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NewsJune 8, 2006

AutoTrader.com and Auto Dealer Monthly Announce Top Independent Retailer Awards

ATLANTA – AutoTrader.com and Auto Dealer Monthly announced Ray Fidel, CEO, Drive Time, as the winner of the Top Independent Retailer Award. Drive Time, a privately held corporation with 93 locations, sold 54,778 retail units in 2005. Ray Lyle, owner, Nice Cars, Inc., located in Georgia, was the runner-up.

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NewsJune 8, 2006

Manheim Promotes Freudenberg and McKay

ATLANTA – Kevin Freudenberg and Joann McKay have been promoted to new positions in Manheim's customer relations and strategies department with General Motors.

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NewsJune 8, 2006

Chrysler Group Announces Certified Pre-Owned Vehicle (CPOV) Sales Records for May 2006

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units.Year-to-date sales also increased 14 percent to 50,539 units, establishing the company's best year-to-date sales ever.

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