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NewsAugust 25, 2005

VW Credit, Inc. Turns to Manheim for Marshalling Needs

ATLANTA – VW Credit, Inc., (VCI) has chosen Manheim's National Auto Dealers Exchange (NADE) in Bordentown, N.J., as its first-ever Northeast regional marshalling center for all VCI vehicles.

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NewsAugust 18, 2005

Newly Formed U.S. Auctions to Conduct Monthly Auction Beginning in September

Armando Camarena, president, has formed a new auction company, U.S. Auctions, to provide fleets with trucks, truck tractors, utility line, and construction equipment disposal.

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NewsAugust 18, 2005

AutoTrader.com Promotes Ferguson to Regional Director

ATLANTA – AutoTrader.com has promoted Cynthia Ferguson to Northwest regional director. In the newly created position, Ferguson will build a seventh sales region for the company encompassing Washington, Oregon, Idaho, Montana, Wyoming, Utah, Colorado, Alaska, and Hawaii. She will report to Alan Smith, regional vice president – West Division.

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NewsAugust 18, 2005

Network Remarketing & Technologies Creates Online Asset Management and Vehicle Remarketing System

SCOTTSDALE, AZ – Network Remarketing & Technologies, LLC has introduced AutoPorts, a comprehensive, online asset management and vehicle remarketing system connecting all parties and all sales channels on a single platform.

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NewsAugust 18, 2005

Manheim Auctions Connects The Atlanta Journal-Constitution to Its AdStar-Powered Dealer Advertising System

ATLANTA – Manheim and AdStar, Inc. announced that The Atlanta Journal-Constitution (AJC) will be the first newspaper to connect to Manheim's new AdStar-powered Dealer Advertising System.

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NewsAugust 18, 2005

CADE Retains TPC Management Co. for Strategic Consulting

CORRY, PA – Corry Auto Dealers Exchange (CADE), has retained TPC Management Co. for strategic consulting in national account - fleet/lease business development as well as management recruiting and training.

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NewsAugust 18, 2005

Greater Rockford Auto Auction Selects OnLine Ringman

TAMPA, FL – Greater Rockford Auto Auction (GRAA) of Rockford, Ill., has selected Auction Management Solution's patented OnLine Ringman application to provide Internet bidding for its auction.

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NewsAugust 18, 2005

Network Remarketing & Technologies Expands Remarketing Team and Arizona Office

SCOTTSDALE, AZ – Network Remarketing & Technologies, LLC (NRT) has expanded its remarketing team in Scottsdale with the recruitment of Colette A. Marcilliat as executive vice president of marketing and sales, Tina M. Curti as operations manager and Lucy Seegan as marketing communications manager.

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NewsAugust 11, 2005

Auto Industry Spent Record $5.3 Billion in July, Reports Edmunds.com

SANTA MONICA, CA – Edmunds.com reported that the average manufacturer automotive incentive in the United States was $2,981 per vehicle sold in July 2005, up $96, or 3.3 percent, from July 2004, and up $136 or 4.8 percent from June 2005.

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NewsAugust 11, 2005

Chrysler Group Announces Certified Pre-Owned Vehicle (CPOV) Sales Results for July 2005

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers sold a new July record of 8,868 certified pre-owned vehicles (CPOV), an increase of 5 percent over July 2004 sales of 8,411 units. Year-to-date sales accounted for 62,972 units, up 8 percent from year-to-date sales last year.

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