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Operationsby StaffSeptember 15, 2004

Chrysler Group Reports August Certified Pre-Owned Vehicle (CPOV) Sales Increase 20 Percent

Chrysler Group has posted sales of 7,615 certified pre-owned vehicles for August, This representing a 20-percent improvement over August 2003 sales of 6,365 units.

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Operationsby StaffSeptember 15, 2004

Wholesale Prices Remained Stable Throughout Summer By Mike Antich

Wholesale prices for used fleet vehicles were stable from June through August.

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Operationsby StaffSeptember 15, 2004

Shebesta to Speak About Used Car Leasing at Association of Consumer Vehicle Lessors Conference

Tarry Shebesta, president of Automobile Consumer Services, Inc. (ACS), will speak at the Association of Consumer Vehicle Lessors' conference on September 20-22.

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Operationsby StaffSeptember 15, 2004

AutoTradeCenter and Experian Automotive Integrate Vehicle History Service into Remarketing Pre-Owned Vehicles

AutoTradeCenter (ATC), an Internet-based business-to-business automotive remarketing company, and Experian Automotive, a division of global information solutions company Experian, have launched a new merchandising application of Experian Automotive's AutoCheck vehicle history service.

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Operationsby StaffSeptember 15, 2004

GM Certified Used Vehicles to List Inventory on Yahoo! Autos

GM Certified Used Vehicles has announced an agreement with Yahoo! allowing consumers to view GM Certified inventory when they search for used vehicles.

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Operationsby StaffSeptember 15, 2004

U.S. Indicts 11 in Brooklyn Chop Shop Worth Millions

Federal prosecutors have indicted 11 men in a $20 million operation that for 16 years turned wrecked cars into a real estate empire inside a Brooklyn industrial building, according to the New York Times newspaper.

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Operationsby StaffSeptember 9, 2004

August Index Slips for Third Consecutive Month

The Manheim Used Vehicle Value Index slipped from 106.5 in July to 106.2 in August, marking the third consecutive monthly decline in wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis.

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Operationsby StaffSeptember 9, 2004

CarMax Reports Second Quarter Sales; Expects Second Quarter EPS of Approximately 27 Cents

CarMax, Inc. total sales for the second quarter ending August 31 rose 7 percent to $1.32 billion from $1.24 billion in the same period last year.

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Operationsby StaffSeptember 9, 2004

Anglin Named Fleet/Lease Manager at Brasher’s Salt Lake

Lee Anglin of Braher’s Salt Lake Auto Auction has been promoted as the auction’s fleet/lease manager.

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Operationsby StaffSeptember 9, 2004

ADESA Current Used Vehicle Market Conditions and Outlook

Average auction prices in August were up from year-ago levels for the sixth month in a row, but were lower than in July.

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