RICHMOND, VA – CarMax, Inc. has announced that its Board of Directors has approved a two-for-one split in the form of a share dividend of the CarMax, Inc. common stock.
Read More →CARMEL, IN – Steve Swanson has been named General Manager of ADESA Austin, effective March 31, 2007. He currently serves as president of AutoVIN, the company's professional information services subsidiary, and has agreed to serve in a dual role during the transition period until a replacement is hired at AutoVIN.
Read More →PHOENIX – DriveTime, a used-car sales and finance company serving people with credit problems, has opened its 100th nationwide dealership near Charlotte, N.C.
Read More →ATLANTA – AutoTrader.com set new site records following advertising placements with the NBA All-Star Game in Las Vegas. The site experienced lifts in traffic, page views and sessions, breaking highs set only a few weeks ago. Page views for the day totaled more than 17 million and sessions were over 900,000.
Read More →CINCINNATI - Dealer Specialties, a provider of data and photo collection, inventory management, and data distribution services, has added Google Base to its list of Internet distribution partners. Automotive dealers using Dealer Specialties' data and photo collection and distribution services will have their new- and used-vehicle information posted and updated in real time on Google Base.
Read More →DETROIT – Mark Mathews will replace Jeffrey S. Heichel as director of GM's used-vehicle activities. Mathews came from GM Holding and has a finance background.
Read More →MT. LAUREL, N.J. – Automotive Resources International (ARI), has added ARITruckDirect to its remarketing program.
Read More →TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR) will be held Feb. 28 - March 1, 2007, at Caesars Palace in Las Vegas.
Read More →DEARBORN, MI – Ford Motor Company grew its fleet sales in the government and commercial sectors in 2006 while reducing its presence in the daily rental market to improve the residual values of its vehicles. This year, Ford will continue to de-emphasize rental fleet sales while continuing to grow its government and commercial fleet sales.
Read More →CARMEL, IN – ADESA's Value Vision Sales Professional (VVSP) program has recently certified its first 12 employees.
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