Remarketing

FAIRFIELD, CA - Copart Inc. said that company founder Willis J. Johnson has relinquished the title and responsibilities of CEO to A. Jayson (Jay) Adair, who previously served as company president.

Tags: Copart, online auctions, salvage title, salvage vehicles, vehicle auctions

TORRANCE, CA - Automotive Fleet magazine is now accepting nominations for the 2010 Professional Fleet Manager of the Year Award. Deadline to submit is Jan. 15.

Tags: award, Fleet Manager of the Year, nomination

TORRANCE, CA - The last day to submit nominations for Fleet Financials Magazine's 2010 Fleet Executive of the Year Award is Friday, Jan. 29.

Tags: award, fleet executive, nomination, voting

LONDON/NEW YORK - Clayton, Dubilier & Rice, LLC recently announced a definitive agreement to acquire BCA, one of Europe's leading vehicle auctions and remarketing companies, from Montagu Private Equity.

Tags: Acquisition, BCA, Clayton, Dubilier & Rice, merger

EDEN PRAIRIE, MN - GE Fleet Services recently honored its top performing auction partners at an awards dinner Dec. 3 in Barrington, Ill.

Tags: auction, award, GE Capital Fleet Services, remarketing

FREDERICK, MD - Thomas Spartan Bruce, a founding member of the National Auto Auction Association (NAAA), died Nov. 6 at his home. He was 92.

Tags: memoriam, NAAA, obituary, Southern Auto Auction Association

ATLANTA - Manheim is revving up its schedule of online sale events and special offers to help dealers get their inventory into the freshest possible shape before the end of the year.

Tags: auction, discount, Manheim, used vehicles

ATLANTA - UPS Automotive Industry Solutions Group will work on behalf of Manheim's customers to arrange pick-up and drop-off of vehicles bound for the auction company's 77 operating locations in the U.S.

Tags: Manheim, transport, UPS, used vehicles

GAINESVILLE, GA - Black Book reported overall car and truck segments continued to dip last week, with "buyers less willing to pay asking price."

Tags: Black Book, resale values, wholesale market

FAIRFIELD, CA --- Copart Inc. announced the opening of a new facility in Warren, Mass., the third facility in the state and the 148th company facility worldwide.

Tags: Copart

IRVINE, CA – Mazda is offering 2010 National Fleet Incentives from $250-$2,000 on several vehicle models.

Tags: 2010-MY, Mazda, national fleet incentives

TORRANCE, CA – Automotive Fleet has brought back back an old favorite – an anecdotal look at fleet management and driving a company vehicle: Strange but True Fleet Stories.

Tags: driver stories, strange but true

DETROIT – Penske would obtain the rights to the brand as well as certain other Saturn assets, while General Motors would continue production, on a contract basis, of the Saturn Aura, Vue, and Outlook.

Tags: General Motors Corp., Penske Automotive Group, proposed acquisition, Saturn

DEARBORN, MI – Ford Motor Company said it does not expect "any major disruptions to [its] operations" as a result of General Motors' bankruptcy filing.

Tags: Chapter 11 bankruptcy, Ford, GM

AUBURN HILLS, MI – The U.S. Bankruptcy Court, Southern District of New York, has approved Chrysler LLC's request to sell all of its operations to Chrysler Group LLC, a new company formed in alliance with Fiat SpA.

Tags: Chrysler bankruptcy, Chrysler Group, Chrysler LLC , U.S. Bankruptcy Court

DETROIT – General Motors promised "strong commitment" to fleet and commercial customers "remains unchanged," according to Jim Campbell, GM general manager fleet and commercial operations, in a statement addressing the automaker's June 1 bankruptcy.

Tags: bankruptcy, Chapter 11 filing, GM

WASHINGTON – The presidential administration's auto task force backed a new deal May 28, which lenders have until 5 p.m. May 30 to accept, according to CNNMoney.com.

Tags: auto group task force, bankruptcy, GM, Obama Administration