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Operationsby StaffDecember 30, 2004

Effort to Protect New and Used Car Buyers Revived in California

SACRAMENTO, CA – The Car Buyers' Bill of Rights, vetoed by Gov. Arnold Schwarzenegger in September, will be back next year – both as a ballot initiative and as an Assembly bill, reported the Sacramento Bee newspaper.

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Operationsby StaffDecember 30, 2004

Ritchie Bros. Reports Record Gross Auction Sales of $1.79 Billion for 2004

VANCOUVER, B.C. — Ritchie Bros. Auctioneers Inc. has completed its 2004 auction calendar, and has achieved gross auction sales for the year of approximately $1.79 billion, an increase of 14 percent compared to 2003.

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Operationsby StaffDecember 30, 2004

Airbags Become Targets of Car Thieves

WASHINGTON, D.C. – More than 75,000 airbags are stolen every year, costing insurers and vehicle owners more than $50 million annually, said Frank Scafidi, spokesman for the National Insurance Crime Bureau.

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Operationsby StaffDecember 30, 2004

Classic Car Buying and Selling Available at NADAguides.com

COSTA MESA, CA – NADAguides.com, a vehicle information Web site, has launched a collectible car buying and selling service at its Web site, www.NADAguides.com.

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Operationsby StaffDecember 30, 2004

Car Donations Rise As Tax Change Looms

ALEXANDRIA, VA - Charities that raise money through vehicle-donation programs are seeing a small but steady increase in donations ahead of a Jan. 1 change in tax laws that will limit the deductions taxpayers can take for such gifts, reported the New York Times.

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Operationsby StaffDecember 22, 2004

Save the Date for CAR 2005

LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.

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Operationsby StaffDecember 22, 2004

Manheim's Greater Nevada Auto Auction to Host Super Highline Holiday Sale

ATLANTA – Manheim's Greater Nevada Auto Auction, located in Las Vegas, will host the company's third nationwide highline sales event on Thursday, Dec. 30.

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Operationsby StaffDecember 22, 2004

CarMax Profit Falls Amid Rising Costs, But Outlook Sends Up Shares

RICHMOND, VA – CarMax Inc., the used-car chain, said profit for its latest quarter dropped 5 percent as surging sales failed to offset rising costs.

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Operationsby StaffDecember 22, 2004

Wheels Joins International Automotive Remarketers Alliance

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) announced that Wheels, a fleet leasing and management company based in Des Plaines, Ill., has joined the Alliance.

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Operationsby StaffDecember 22, 2004

AmeriCredit Recognizes Two Manheim Auto Auctions as Best in Region

FORT WORTH, TEXAS – AmeriCredit Corp. has recognized Manheim's Mid-America Auto Auction in Louisville, Ky., and Tennessee Auto Auction in Nashville, Tenn., as third-quarter winners of the Auction of Excellence award for the Midwest and Southeast regions, respectively.

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