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Operations•by Staff•December 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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Operations•by Staff•December 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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Operations•by Staff•December 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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Operations•by Staff•December 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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Operations•by Staff•December 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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Operations•by Staff•December 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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Operations•by Staff•December 4, 2008

Manheim Names Bunch to New Vice President Role

ATLANTA – Jeff Bunch has been named to the newly created position of vice president of dealer services at Manheim.

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Operations•by Staff•December 4, 2008

Copart Adds Second Facility in Virginia

FAIRFIELD, CA – Copart has expanded its presence in Virginia by opening a second facility near the Richmond area.

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Operations•by Staff•December 4, 2008

HomeNet Partners with Experian Automotive, Integrates AutoCheck with IOL

WEST CHESTER, PA – HomeNet, Inc. has announced the integration of Experian Automotive's AutoCheck vehicle history reports with HomeNet's popular Inventory Online (IOL) Vehicle Marketing Suite.

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Operations•by Staff•December 4, 2008

Conference of Automotive Remarketing (CAR) 2009 Announces Topics

LAS VEGAS – The Conference of Automotive Remarketing (CAR) 2009 conference, which will take place Feb. 25-26, at Caesars Palace in Las Vegas, has tailored its agenda to provide attendees with new training seminars, inspiring speakers, and emerging trends and studies.

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