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NewsDecember 9, 2004

Edmunds.com Reports True Cost of Incentives

SANTA MONICA, CA – Edmunds.com has reported that the average manufacturer automotive incentive in the United States was $2,395 per vehicle sold in November 2004, up $9, or 0.4 percent, from November 2003, and down $260, or 9.8 percent, from October 2004.

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NewsDecember 9, 2004

Manheim and ADESA Post Current Used-Vehicle Market Conditions and Outlook

ATLANTA and CARMEL, IN – Average auction prices in November, according to ADESA Analytical Services´ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class were up 2.8 percent from year-ago levels, marking the eighth increase in the last nine months (following a modest decline in October).

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NewsDecember 9, 2004

Lauderdale-Miami Auto Auction Features Vehicles for Taxi and Livery Companies

ATLANTA – Manheim recently hosted a sale for Ford and Lincoln-Mercury dealers only at Lauderdale-Miami Auto Auction (LMAA) featuring close to 700 Ford vehicles, including more than 300 vehicles of particular interest to the taxi and livery industries.

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NewsDecember 9, 2004

Automated Target Marketing Takes Aim at the Future of Online Vehicle Remarketing

NEWPORT BEACH, CA – Automated Target Marketing matches the right dealers to the right cars in the quickest possible timeframe, while improving operational efficiency and maximizing dealer profitability, says Brad Greenwald, founder and CEO of AWG Remarketing in Newport Beach.

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NewsDecember 9, 2004

Car-Buyers Flock to ZAP´s Auction of SMART Car on eBay

SANTA ROSA, CA – Within hours of putting the first legal U.S. SMART Car on eBay, bidders rushed to become the first to own one, said U.S. distributor ZAP.

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NewsDecember 2, 2004

Nominations Now Open for Fleet Financials Fifth Annual Fleet Executive of the Year Award

TORRANCE, CA - Fleet Financials magazine announced on November 24 that this year´s Fleet Executive of the Year Awards Banquet, to be held Sun. April 10, in Dallas/Ft. Worth, will honor exceptional leadership displayed by senior executives who have made significant contributions to fleet vehicle management.

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NewsDecember 2, 2004

Nominations Now Open for Automotive Fleet´s 21st Annual Fleet Manager of the Year Award

TORRANCE, CA – This year acutes AF Fleet Manager of the Year Awards Banquet, to be held Sun. April 10, in Dallas/Ft. Worth, will honor an experienced and proficient fleet manager who has demonstrated special business acumen in developing and executing key management policies in all areas.

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NewsDecember 2, 2004

2005 Car Donation Tax Law Leaves Donor & Charity Incentives Strong

COSTA MESA, CA – Lots of people are talking about the new car donation tax law going into effect on January 1.

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NewsDecember 2, 2004

Harrison Elected NAFRD President

SMYRNA, TN – Mark Harrison has accepted reins as new president of National Association of Fleet Resale Dealers (NAFRD).

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NewsDecember 2, 2004

IARA Roundtable to Explore Industry Performance-Improving Issues

MT. ARLINGTON, NJ – Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled Feb. 16 at the Mandalay Bay Resort and casino in Las Vegas.

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