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Operationsby StaffApril 3, 2009

State Line Auto Auction Adds Long-Time Employee to 20-Year Club

WAVERLY, NY - Ray Canzler was recently honored by State Line Auto Auction as the newest member of its 20-Year Club. He joins an exclusive group at State Line that now includes nine members.

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Operationsby StaffApril 3, 2009

Sparkling City Auto Auction Looks Forward to Spring with Dual Promotions

CORPUS CHRISTI, TEXAS – After two very successful promotions in 2008, Sparkling City Auto Auction has unveiled plans for its first major promotion in 2009.

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Operationsby StaffApril 3, 2009

Charleston Auto Auction Posts Near 70% Sale at 8th Anniversary Celebration

MONCKS CORNER, SC –Charleston Auto Auction celebrated its 8th Anniversary on March 13 with an action-packed sale that resulted in a near 70-percent conversion rate, and the return of the auction's now-famous $1,000,000 Sweepstakes.

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Operationsby StaffApril 3, 2009

Manheim Recognized by Dealers as a Valued In-Lane and Online Provider

ATLANTA – Manheim and OVE.com have been named recipients of the Auto Dealer Monthly 2009 Dealers' Choice Awards.

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Operationsby StaffApril 3, 2009

25-Year Employee at State Line Auto Auction Will Take Month Off

WAVERYLY, N.Y. – Jim Terwilliger has reached an important milestone at State Line Auto Auction: his 25th anniversary, and, in recognition of his years of service, Barber has given him an extra month off this year, in addition to his regular vacation.

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Operationsby StaffApril 3, 2009

Mid-State Auto Auction to Sell for ARI

NEW YORK MILLS, MN - Mid-State Auto Auction will soon offer vehicles from Automotive Resources International (ARI) as part of its weekly Friday consignment auction.

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Operationsby StaffApril 3, 2009

Manheim Enters Joint Venture with Leading Vehicle Exporter Akinvest

ATLANTA – With an increasing number of American and international dealers purchasing used vehicles in the North American wholesale marketplace and shipping them overseas, Manheim has enhanced its commitment to providing export services through a joint venture with Akinvest.

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Operationsby StaffApril 3, 2009

GMAC to Resume Car Loans to Subprime Borrowers

NEW YORK/DETROIT – GMAC Financial Services said it will resume making car and truck loans to subprime borrowers and will lower inventory financing costs for cash-strapped auto dealers, part of a series of moves intended to spur sales at General Motors Corp.

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Operationsby StaffMarch 26, 2009

Some New Cars Now Less Expensive Than Used Cars, Edmunds.com Reports

SANTA MONICA, CA – The deals on some new cars are so generous that they actually make the new car less expensive than the one-year-old used version of the same model.

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Operationsby StaffMarch 26, 2009

Fireside Bank to Cease Originations, Exits Auto Finance

PLEASANTON, CA – Unitrin Inc. has announced plans to shelve Fireside Bank, the company's subprime auto finance unit. Fireside will cease originations immediately and collect and service its existing portfolio in-house.

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