Remarketing

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

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

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

Tags: 2010-MY, Mazda, national fleet incentives

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

MT. LAUREL, NJ – Automotive Resources International announced the opening of two new European offices: Brussels, Belgium and Zurich, Switzerland.

Tags: ARI, Belgium, global office, New locations, Switzerland

CINCINNATI – Mike Albert Vehicle Fleet Management announced a strategic alliance with Innovative Funding Services to provide remarketing and financing for clients and employees of those clients who purchase their company fleet vehicles.

Tags: alliance, IFS, Innovative Funding Services, Mike Albert Vehicle Fleet Management, partnership

Volt buyers to get $7,500 tax credit.

Tags: GM, incentive plans, Volt

Production for the North American market of the new global Ford Focus begins next year, followed by production in 2011 of a battery-electric Focus, helping Ford meet its promise of delivering four new electric vehicles in the U.S. by 2012.

Tags: battery-powered, Ford, Ford Focus

LAS VEGAS – NAAA's 2010 Spring Business & Quad Zone Meeting and the 2010 Conference of Automotive Remarketing will be jointly held at Caesars Palace in Las Vegas, March 3-4.

Tags: 2010 conferences, Caesars Palace, CAR conference, Conference of Automotive Remarketing, Las Vegas, National Auto Auction Association

PURCHASE, NY – PepsiCo's proposed acquisition of its two largest anchor bottlers, The Pepsi Bottling Group and PepsiAmericas, may bump up its fleet size to make it the largest beverage fleet in the U.S.

Tags: Fleet, PAS, PBG, PepsiAmericas, PepsiCo, The Pepsi Bottling Group, Top 300 Commercial Fleets

TROY, MI – SmartAuction, a wholesale remarketing Web site, reports it has achieved record sales of Avis Budget Group vehicles during the first quarter of 2009.

Tags: Avis Budget Group, record sales, SmartAuction, wholesale remarketing