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Operationsby StaffDecember 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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Operationsby StaffDecember 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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Operationsby StaffDecember 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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Operationsby StaffDecember 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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Operationsby StaffDecember 11, 2008

Gottwald Named President and CEO of AFC

CARMEL, IN – Don Gottwald has been named Automotive Finance Corporation's (AFC), a subsidiary of KAR Holdings, Inc., president and CEO, effective immediately. Gottwald will report directly to KAR Holdings, Inc. Chairman and CEO Brian Clingen.

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Operationsby StaffDecember 11, 2008

OPENLANE Makes 2009 Automotive Industry Predictions

MENLO PARK, CA - Clive Kinross, president of OPENLANE, an online auction company in North America, has made some key predictions for the auto industry in 2009.

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Operationsby StaffDecember 11, 2008

Volvo Joins Carfax Service Link Program

CENTREVILLE, VA – Volvo Cars of North America has joined the Carfax Service Link program. Service and maintenance information for vehicles serviced by Volvo dealers will be reported to Carfax and appear in Carfax Vehicle History Reports.

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Operationsby StaffDecember 11, 2008

Kelley Blue Book Now Releasing Values Weekly

IRVINE, CA – Kelley Blue Book, www.kbb.com, is now publishing its used-vehicle values weekly via its Web-based product KarPower Online.

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Operationsby StaffDecember 4, 2008

CNW Reports: 890 Used-Car Dealerships Closed in October

BANDON, OR — The number of independent used-car dealerships continues to dovetail in the waning months of 2008 as a lack of floor traffic, sales and consumer financing continues to force closures across the U.S.

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Operationsby StaffDecember 4, 2008

Black Book Three-Month Rolling Average Shows Continued Depreciation

GAINESVILLE, GA - The Black Book rolling three-month average for the period ending Nov. 30, 2008, reflected increased depreciation levels in nearly every market segment of two-year-old (2006-model year) vehicles.

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