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News•June 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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News•June 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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News•June 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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News•June 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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News•June 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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News•June 3, 2004

Big Boys’ Toys Draws Crowd at PADE

Pennsylvania Auto Dealers’ Exchange (PADE) drew a record crowd to its recent second annual Big Boys’ Toys Sale.

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News•June 3, 2004

State Line Honors 20-Year Employees

Two employees recently celebrated their 20-year anniversaries at State Line Auto Auction and were honored with a special ceremony at the beginning of the sale.

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News•June 3, 2004

Tri-State, Fargo Names New Factory Sale Manager

Jodie Carlstrom has been promoted to the position of factory manager at Tri-State Auto Auction, Fargo.

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News•June 3, 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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News•June 3, 2004

Auto Auction Owner Fights Tighter Vehicle Donation Tax Rules

As Congress moves closer to tightening the income tax break for vehicle donations, the owner of a Crestwood auto auction is leading a national coalition of businesses fighting the proposed changes, reported the Daily Southtown newspaper.

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