NEW YORK – Standard & Poor's Ratings Services lowered two credit ratings for AmeriCredit Corp., saying the auto finance company faces further deterioration in its loan portfolio.
Read More →DETROIT – GMAC Financial Services has been notified that the U.S. Bankruptcy Court has approved the sale of assets of General Motors Corporation to an entity sponsored by the U.S. Treasury.
Read More →FREDERICK, MD – The National Auto Auction Association (NAAA) announced the release of a proposed industry-wide standard for the Electronic Condition Report (ECR) to be used in vehicle inspections prior to a sale at NAAA auctions.
Read More →LONG BEACH, CA – Alliance Inspection Management, Inc., announced an agreement with Ford Motor Credit Company to assume nationwide responsibility to conduct lease-end inspections of vehicles financed through Ford Credit.
Read More →WATKINS GLEN, NY – State Line Auto Auction will hold it's inaugural "State Line Vintage Auto Auction at The Glen" on September 12 at 1 p.m. in Watkins Glen, N.Y.
Read More →BOCA RATON, FL - Black Book announced it has named Stephanie Borie national retail accounts manager for its Internet division.
Read More →FLINT, MI – Flint Auto Auction marked 56 years in business June 24, with a gala anniversary sale that featured more than 1,800 vehicles, prize drawings, and free ice cream to everyone in attendance.
Read More →FRANKLIN, TN – ServNet auctions across the country continue to set the bar for auction performance, earning awards from a number of national consignors.
Read More →WILLIAMSTON, SC – Carolina Auto Auction celebrated another award-winning year serving buyers and sellers with its 19th Anniversary Sale and Celebration.
Read More →EUGENE, OR – Auction employees, dealers, and vendors rallied around one of their own at “Golf Challenge 2009” held at Langdon Farms Golf Club on May 29.
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