SPOKANE, WA – More than 4,000 dealers and their guests attended ADD Northwest's 10th annual Rock & Roll concert last month, featuring more than 90 minutes of live music from Huey Lewis and the News.
Read More →RICHMOND, VA – CarMax, Inc. has closed a new revolving credit facility providing for aggregate borrowings of up to $450 million. The new facility has a four- year term and is secured by the company's vehicle inventory.
Read More →RANCHO CUCAMONGA, CA – CU Direct Corp., provider of Credit Union Direct Lending (CUDL) and DecisionApp, a point-of-sale and indirect lending platform for U.S. credit unions, Manheim, and Manheim subsidiary Remarketing Solutions, will host the first-ever National Credit Union Remarketing Conference.
Read More →ATLANTA – VW Credit, Inc., (VCI) has chosen Manheim's National Auto Dealers Exchange (NADE) in Bordentown, N.J., as its first-ever Northeast regional marshalling center for all VCI vehicles.
Read More →RICHMOND, VA – For the second quarter ending August 31, 2005, CarMax, Inc. raised comparable store used unit sales expectations to growth of approximately 10%, and raised earnings per share expectations to approximately 37 cents.
Read More →ATLANTA – AutoTrader.com will continue sponsorship of ABC's Monday Night Football. The deal includes airing of AutoTrader.com's spots during games and sponsorship of the postgame report following every Monday Night Football game.
Read More →MEXICO CITY – The Mexican government has cleared the way for older cars from the United States and Canada to be imported to Mexico, opening a potentially vast new market for U.S. vehicle merchants looking to unload old vehicles, reported the Los Angeles Times.
Read More →ATLANTA – Cotton Edwards has been named general manager of Clanton's Auto Auction in Darlington, S.C. Edwards succeeds Ray Clanton, whose family founded the auction and who will be serving as a consultant to the company until his retirement at the end of the year.
Read More →SCOTTSDALE, AZ – Network Remarketing & Technologies, LLC (NRT) has expanded its remarketing team in Scottsdale with the recruitment of Colette A. Marcilliat as executive vice president of marketing and sales, Tina M. Curti as operations manager and Lucy Seegan as marketing communications manager.
Read More →CORRY, PA – Corry Auto Dealers Exchange (CADE), has retained TPC Management Co. for strategic consulting in national account - fleet/lease business development as well as management recruiting and training.
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