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Operationsby StaffMarch 26, 2009

Recovering Residual Truck Values Tied to Auto ABS Ratings

TORONTO — The recovery of used auction prices across several vehicle segments — especially trucks and SUVs — is a positive development for auto ABS.

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Operationsby StaffMarch 26, 2009

OPENLANE Releases Market Index; Wholesale Prices Continue Strong

MENLO PARK, CA –OPENLANE released its March Market Index March 16, which showed price improvements among cars, trucks, minivans, and SUVs.

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Operationsby StaffMarch 26, 2009

Flint Auto Auction Named General Motors Auction of the Year for 2nd Straight Year

FLINT, MI – For the second year running, General Motors has recognized the Flint Auto Auction as winner of its most prestigious honor for its auction partners - the Auction of the Year Award.

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Operationsby StaffMarch 26, 2009

Insurance Auto Auctions Leads Amending Utah Legislation

WESTCHESTER, IL – Insurance Auto Auctions, Inc., a North American automotive and specialty vehicle salvage auction company, announced the passing of Utah Senate Bill 193.

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Operationsby StaffMarch 26, 2009

ALD Automotive USA Announces Strategic Alliance with Innovative Funding Services

MADISON, WI - ALD Automotive, one of the largest leasing and fleet management companies, announced a strategic alliance with Innovative Funding Services (IFS) for its US subsidiary.

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Operationsby StaffMarch 26, 2009

U.S. District Court Rules in Manheim's Favor in Patent Case

ATLANTA – A U.S. District Court ruling yesterday has resolved a four-year patent dispute between Manheim and Auction Management Solutions, Inc., (AMS) vindicating Manheim's position on the matter.

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Operationsby StaffMarch 20, 2009

Auto Auction of Connecticut Joins IARA and Announces New General Manager

Auto Auction of Connecticut, Inc. announced that it has joined the IARA and also that Linda Lee has accepted the position of auction General Manager.

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Operationsby StaffMarch 20, 2009

David Power Awarded IARA Circle of Excellence

LAS VEGAS - James David Power III, the founder of J.D. Power & Associates, was awarded the International Automotive Remarketing Alliance (IARA) Circle of Excellence award at the IARA Winter Roundtable.

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Operationsby StaffMarch 20, 2009

Auto Delinquencies Becoming More Predictable, Says TransUnion

CHICAGO – Pete Turek wasn't surprised by his company's report on fourth-quarter 2008 delinquency rates, which showed year-over-year increases. In fact, the senior executive at TransUnion said the numbers are becoming more predictable.

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Operationsby StaffMarch 20, 2009

Black Book Editor Completes IARA CAR Certification Program

MT. ARLINGTON, ST – The IARA announced Ricky Beggs, vice president, managing editor, Black Book, completed the IARA CAR Certification Program while attending CAR2009 in February.

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