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NewsJune 17, 2004

Shebesta to Speak on Re-Leasing Off-Lease Vehicles at Automotive Leasing Management Forum in Chicago

Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will be speaking at the national Automotive Leasing Management Forum.

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NewsJune 10, 2004

LeaseCompare.com Now Lets Consumers Choose a Vehicle Based on Their Desired Lease Payment

Automobile Consumer Services, Inc. (ACS), a leader in online, direct-to-consumer auto leasing, has added a new service to its www.LeaseCompare.com Web site.

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NewsJune 10, 2004

Dick Dennis to Lead IARA Endorsement of New Industry Standard Vehicle Grading Scale Roundtable in Chicago

The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.

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NewsJune 10, 2004

Poll: Consumer Confidence on Decline

Rising gasoline prices continued to weigh on overall consumer confidence in the United States last week, according to an ABC News/Money Magazine poll recently published in the Associated Press.

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NewsJune 10, 2004

AutoTrader.com Promotes Greene to Senior Vice President of Sales

AutoTrader.com has announced the appointment of Hal Greene to senior vice president of sales.

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NewsJune 10, 2004

ServNet Teams With NASCAR Scene to Introduce New Dealers to Victory Lane

The ServNet Auction Group has announced another offer aimed at encouraging new dealer registrations for the ServNet Victory Lane Racing Team, a loyalty program that ServNet initiated in February of this year.

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NewsJune 10, 2004

Torres Promoted to Assistant General Manager of Caribbean Auto Dealers Exchange

Manheim has announced that Ricardo Torres has been promoted to assistant general manager of Caribbean Auto Dealers Exchange (Manheim’s Caribbean Subasta de Autos) in Bayamon, Puerto Rico.

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NewsJune 10, 2004

Current Used-Car Market Conditions and Outlook

Average auction prices in May were up from year-ago levels for the third consecutive month and were also higher than in April. Prices for vehicles seven model years old or less increased by 5.7 percent over prior year ($11,043 versus $10,453 – a difference of almost $600).

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NewsJune 10, 2004

CarMax Foundation Helps to Keep Young Drivers Safe

CarMax, Inc., a specialty retailer of used vehicles and Safe Smart Women, Inc. (S2W) announced that the CarMax Foundation has granted $100,000 to S2W, to advance S2W's driving safety campaign targeted to 16- to 26-year-old women in the Mid-Atlantic region.

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NewsJune 10, 2004

Manheim Executives Take On New Roles

Manheim announced that Bill Tiedemann has been named vice president of auction services.

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