No Major Changes Expected from ADESA Buyout
ADESA goes private in $3.7B buyout but no major changes are expected in auction business
December Sales Down for GM Certified Used Vehicles
December 2006 sales for all GM certified brands were down 6% from December 2005, to 41,800 units.
Avis Expected to Offer In-vehicle Wi-Fi Hot Spot
Autonet Mobile, a San Francisco-based startup wireless technology company, is expected to announce an agreement to provide an optional wireless access point, also known as a Wi-Fi hot spot, to Avis Rent a Car customers by March, 2007. Motorists electing to take advantage of the high speed Internet connection will be charged $10.95 per day for a notebook-size portable device that plugs into the car's power supply.
Trent Lott Backs History Disclosure for Flood Cars
Senator Trent Lott makes a second attempt at requiring complete vehicle history disclosure
UK’s Leasedrive, VELO Announce Merger
Leasedrive has merged with competitor VELO to form the biggest independent, privately-owned management group in the UK.
