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Operations•by Staff•July 22, 2010

Unfixed Recalls for Sale; Carfax Study Shows Emerging Issue

CENTREVILLE, VA - At least 1.4 million used cars that were recalled but not repaired were for sale in 2009.

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Operations•by Staff•July 22, 2010

Manheim Announces First-Ever General Motors Dealer Lane Open Online Event Sale on OVE.com

ATLANTA – Manheim is celebrating the one-year anniversary of its General Motors Dealer Lane program by adding the lane's first-ever monthly Online Event Sale on OVE.com.

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Operations•by Staff•July 22, 2010

Openlane Partners With Homenet To Make Wholesaling Cars Easier

REDWOOD CITY, CA – OPENLANE, Inc., an online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced it collaborated with HomeNet Automotive.

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Operations•by Staff•July 22, 2010

Black Book Analyzes Which Models are the Toughest Sell

GAINESVILLE, GA - Heading toward fall and the introduction of the majority of the new model-year 2011 vehicles, normal expectations are a softening in the market, especially on later model-year vehicles,

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Operations•by Staff•July 22, 2010

GM to Acquire AmeriCredit

DETROIT — General Motors and AmeriCredit Corp. announced they entered into a definitive agreement for GM to acquire the subprime auto finance company in an all-cash transaction valued at approximately $3.5 billion.

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Operations•by Staff•July 16, 2010

Insurance Auto Auctions Relocates Facility in Greenville, South Carolina

WESTCHESTER, IL - Insurance Auto Auctions, Inc., has relocated to a 20-acre facility in Simpsonville, S.C., located near Greenville.

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Operations•by Staff•July 16, 2010

South Florida Auto Auction of Ft. Lauderdale Retains TPC Management Company

FT. LAUDERDALE, FL - South Florida Auto Auction of Ft. Lauderdale (SFLAA), in Ft. Lauderdale, Florida has retained TPC Management Company for strategic consulting in National Account - Fleet/Lease business development.

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Operations•by Staff•July 16, 2010

ADESA Boston Holds Heavy-Duty Truck and Equipment Sale August 3

CARMEL, IN — ADESA Boston will be hosting a specialty sale of heavy-duty trucks and equipment August 3. The sale is open to both dealers and the general public and begins at 1 p.m. EDT.

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Operations•by Staff•July 16, 2010

Carfax Database Reaches 8 Billion Records Milestone

CENTREVILLE, VA – Carfax announced its online database of vehicle history information now exceeds 8 billion records, including more than 34,000 sources.

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Operations•by Staff•July 16, 2010

Used-Vehicle Demand Weakens Due to High Price Threshold

CARMEL, IN - The latest data from the Federal Reserve Board indicates that used vehicles financed in April had an average retail price of more than $19,400, 61.7 percent of the average new vehicle financed that month.

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