DETROIT – Total 2005 sales for GM Certified Used Vehicles, the industry's top-selling manufacturer-certified brand, were a category record 455,498 units, up 1.3 percent from 2004. This marks the fourth consecutive year that GM Certified Used Vehicles set an all-time annual sales record for the segment.
Read More →PORTLAND, OR – TitleAuctions Inc. announced that it is delivering an educational Webinar for credit unions titled The Three "R"s of Internet Remarketing. The Webinar is delivered monthly and is free of charge to credit unions.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers sold a new December record of 10,463 Certified Pre-Owned Vehicles (CPOV) in 2005, a 6 percent increase from December 2004 sales of 9,835 units and a 22 percent gain over November 2005 sales. Fourth-quarter sales rose 3 percent to 27,184 units, surpassing the fourth-quarter sales record in 2004 of 26,439 units and making this December the second-best month and quarter of 2005.
Read More →RICHMOND, VA – CarMax, Inc. has been named by Fortune magazine as one of its 2006 "100 Best Companies to Work For." CarMax earned its place on this list for the second consecutive year. The list and related stories appears in the Jan. 23 issue of Fortune, available on newsstands Jan. 16 and at www.fortune.com Jan. 9.
Read More →CHARLOTTE, N.C. – A new industry association called the Internet Remarketing Business Roundtable (IRBR) has been created. The nine founding members are Auction 123, AAX (American Auto Exchange), AutoTradeCenter, VB2, Driveitaway, FirstLook, OnLane, SGS Automotive Services, and TPC Management.
Read More →MT. ARLINGTON, NJ – The 11th annual Conference of Automotive Remarketing (CAR) 2006 is scheduled March 8-10 at Caesars Palace in Las Vegas. More than 400 remarketing professional from auctions, banks, manufacturers, technology providers, and others are expected to attend the event.
Read More →LAKE SUCCESS, NY – DealerTrack, Inc. has launched BookOut Pro, the next generation of BookOut that allows automotive dealers to automatically book out their new- and used-vehicle inventory.
Read More →IRVINE, CA – WFS Financial, an independent automobile finance company, has announced the new “Front Select” and “Quality Checked” program roll out nationwide (excluding Ohio) this week. These new programs are designed to enable dealers purchasing vehicles at auctions to buy with confidence.
Read More →WESTCHESTER, IL - Insurance Auto Auctions, Inc., has opened a 22-acre greenfield facility in Baltimore, providing capacity in eastern Maryland and leveraging nearby locations in Washington, D.C.; Laurel, Md.; and Fredericksburg, Va.
Read More →AUBURN HILLS, MI – To help a salesperson effectively present the features and benefits of a Brand Spankin Used certified pre-owned vehicle (CPOV), DaimlerChrysler currently offers onsite CPOV training at Five Star dealerships free of charge, as well as training at off-site venues.
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