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Operations•by Staff•April 15, 2011

World Omni Financial Corp. Expands Role of Vice President

ALPHARETTA, GA – World Omni Financial Corp., a provider of automotive financial products and services to consumers, dealers, and lenders, announced the promotion and expanded responsibilities of Brent Sergot to vice president and general manager of Third Party Business Operations.

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Operations•by Staff•April 8, 2011

Tidewater Auto Auction Opening End of April

VIRGINIA BEACH, VA – Tidewater Auto Auction's (TWAA) new Virginia Beach facility is on track to be open by the end of this month, according to auction officials.

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Operations•by Staff•April 6, 2011

GE Commercial Finance, Fleet Services Joins IARA

MT. ARLINGTON, NJ - The IARA is pleased to announce that GE Commercial Finance, Fleet Services, based in Hoffman Estates, Illinois, has joined the International Automotive Remarketers Alliance.

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Operations•by Staff•April 6, 2011

Used Car & Truck Values Continue to Climb

GAINESVILLE, GA – The average values for both cars and trucks have continued to increase, with cars now up for five consecutive weeks and trucks for three weeks.

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Operations•by Staff•April 6, 2011

LeasePlan USA Announces ADESA Buffalo Winner of 2010 Stellar Performance Award

CARMEL, IN - LeasePlan USA awarded ADESA Buffalo the 2010 Stellar Performance Award for the Northeast.

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Operations•by Staff•April 1, 2011

2nd Consecutive Week All Used-Car Segments Up in Value

GAINSVILLE, GA – Reports from more than 60 auctions across the country show continued strong and increasing values for used vehicles in both car and truck segments — with 72 percent of the adjustments this past week necessitating a raise in value.

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Operations•by Staff•April 1, 2011

KAR Auction Services Acquires AuctionTrac

CARMEL, IN – KAR Auction Services, Inc., a North American vehicle and salvage auction services provider, announced the acquisition of AuctionTrac, a company that developed satellite-based, GPS technology for advanced vehicle tracking.

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Operations•by Staff•April 1, 2011

Ryder Opens New Used Vehicle Sales Centers in Calif. & Fla.

MIAMI – Ryder System, Inc., a transportation and supply chain management solutions provider, announced the opening of two new used vehicle sales centers in Montebello, Calif., and Orlando, Fla.

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Operations•by Staff•April 1, 2011

Manheim & OVE.com Earn Dealers' Choice Awards

ATLANTA – After surveying dealers from across the country, Manheim and OVE.com were both named 2011 Dealers' Choice Award winners.

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Operations•by Staff•April 1, 2011

Dealers Rev Up for Corvettes and Classics at Flint A/A.

FLINT, MI - Flint Auto Auction will host the annual Corvettes and Classics Sale Wednesday, April 13. In conjunction with its regular weekly consignment sale, Flint Auto Auction will run more than 200 Corvettes starting at 9 a.m., followed by 200 classic cars and specialty units.

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