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NewsSeptember 15, 2004

U.S. Indicts 11 in Brooklyn Chop Shop Worth Millions

Federal prosecutors have indicted 11 men in a $20 million operation that for 16 years turned wrecked cars into a real estate empire inside a Brooklyn industrial building, according to the New York Times newspaper.

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NewsSeptember 15, 2004

GM Certified Used Vehicles to List Inventory on Yahoo! Autos

GM Certified Used Vehicles has announced an agreement with Yahoo! allowing consumers to view GM Certified inventory when they search for used vehicles.

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NewsSeptember 15, 2004

AutoTradeCenter and Experian Automotive Integrate Vehicle History Service into Remarketing Pre-Owned Vehicles

AutoTradeCenter (ATC), an Internet-based business-to-business automotive remarketing company, and Experian Automotive, a division of global information solutions company Experian, have launched a new merchandising application of Experian Automotive's AutoCheck vehicle history service.

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NewsSeptember 15, 2004

Shebesta to Speak About Used Car Leasing at Association of Consumer Vehicle Lessors Conference

Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will speak at the Association of Consumer Vehicle Lessors' conference on September 20-22.

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NewsSeptember 15, 2004

Wholesale Prices Remained Stable Throughout Summer By Mike Antich

Wholesale prices for used fleet vehicles were stable from June through August.

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NewsSeptember 15, 2004

Chrysler Group Reports August Certified Pre-Owned Vehicle (CPOV) Sales Increase 20 Percent

Chrysler Group has posted sales of 7,615 certified pre-owned vehicles for August, This representing a 20-percent improvement over August 2003 sales of 6,365 units.

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NewsSeptember 15, 2004

ADESA Hires General Counsel

ADESA Inc. has hired merger specialist George Lawrence to be executive vice president, general counsel, and secretary.

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NewsSeptember 15, 2004

GM Certified Used Vehicles (CUV) Buyers Receive Onstar Trial

GM Certified Used Vehicles announced a special promotion that will provide three months of OnStar Safe and Sound service for customers who purchase OnStar-equipped GM Certified Used Vehicles between Aug. 1, 2004 and Jan. 31, 2005.

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NewsSeptember 15, 2004

Fourth Fleet Financial Expands Executive Team and Secures Financing

Fourth Fleet Financial has added three executives to its management team and received an infusion of cash from El Dorado Ventures.

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NewsSeptember 9, 2004

ADESA Current Used Vehicle Market Conditions and Outlook

Average auction prices in August were up from year-ago levels for the sixth month in a row, but were lower than in July.

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