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Operations•by Staff•December 18, 2008

The Federal Reserve Approves PNC Financial to Acquire National City Group

WASHINGTON - The Federal Reserve Board announced approval of the application under section 3 of the Bank Holding Company Act by The PNC Financial Services Group, Inc., Pittsburgh, Pa.

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Operations•by Staff•December 18, 2008

United Road Acquires Autolog Auto Transport

DETROIT – Romulus, Mich.-based United Road, a provider for vehicle transportation logistics providers in the United States, announced its acquisition of Autolog Auto Transport (Autolog), a Linden, NJ-based vehicle logistics provider.

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Operations•by Staff•December 18, 2008

AssetNation, Inc. Acquires AssetAuctions

HOUSTON – AssetNation, Inc. acquired AssetAuctions LLC, a provider of asset recovery, appraisal, and inventory online auction services for the industrial, commercial, and government markets.

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Operations•by Staff•December 18, 2008

Asbury Automotive Exec is New Keynote Speaker at Car 2009

LAS VEGAS – The Conference of Automotive Remarketing (CAR) 2009 has added a new keynote speaker, Ed Curry, national director of pre-owned sales for Ashbury Automotive Group. His presentation will be on: “What Dealers Want from Remarketers and Online Sales.”

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Operations•by Staff•December 18, 2008

Brasher's Northwest Auto Auction Hosts Inaugural Two-Day Specialty Event

EUGENE, OR - Brasher's Northwest Auto Auction in Eugene, Oregon hosted its first two-day specialty auction on December 9-10. Over 550 units ran in a sale.

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Operations•by Staff•December 18, 2008

IARA Remarketing Roundtable to Kick Off CAR 2009

LAS VEGAS - The International Automotive Remarketers Alliance (IARA) will kick off the CAR 2009 conference with a Feb. 25, 2009, Remarketing Roundtable, held at Caesars Palace in Las Vegas.

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Operations•by Staff•December 11, 2008

Used-Vehicle Prices Increase Modestly After Record Decline

CARMEL, IN – November wholesale used-vehicle prices registered an average overall modest increase, but it should be recalled this is from the most dramatic decline ever in October.

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Operations•by Staff•December 11, 2008

NAAA President McConkey Takes President's Tour

FREDERICK, MD – After being installed as NAAA president in October, Bob McConkey has hit the ground running, and recently spent a week with NAAA Vice President Dave Angelicchio and Executive Director Frank Hackett on the annual “President's Tour” of the South.

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Operations•by Staff•December 11, 2008

NIADA Joins 2009 Car Conference as Premier Sponsor, Presents Expert Panel

TORRANCE, CA – The National Independent Automobile Dealers Association (NIADA) has signed on to the 2009 CAR conference as a premier sponsor and will present a panel of experts on dealer buying habits at auctions.

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Operations•by Staff•December 11, 2008

Former NIADA President Cunningham Set as 2009 CAR Keynote Speaker

TORRANCE, CA – Mike Cunningham, three-time Arizona Quality Dealer of the Year and past president of the National Independent Automobile Dealers Association (NIADA), has been slated as a keynote speaker at the 2009 Car Conference Feb. 25-26 at Caesars Palace.

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