NADAguides.com Brand Share Report for Q4 Shows Interest Gain for Domestics, Japanese and Europeans

Chevrolet Made Wider Gains on Ford with the Highest Consumer Brand Share on NADAguides.com during Fourth Quarter of 2011

COSTA MESA, CA – January 18, 2012 – (Motor Sports Newswire) -

News Highlights

• NADAguides.com, the most comprehensive new and used vehicle information provider on the Internet today, announces its Brand Share Report for the fourth quarter of 2011 – revealing that domestic brands, along with Japanese and Europeans saw increases in consumer interest on NADAguides.com during the fourth quarter of 2011; Korean brands saw a slight decrease in share of consumer interest during the latter part of the year.

• Domestic brands, led by Chevrolet saw the biggest increase of overall brand share by gaining a 1 percent increase in consumer interest. NADAguides.com analysts continue to see strong consumer interest in the Chevrolet Cruze, as well as the new Chevrolet Sonic sub-compact.

• The top five most researched brands on NADAguides.com for the fourth quarter mirror the third quarter results with Chevrolet claiming the top spot, followed by Ford, Toyota, Nissan and Honda.   Interesting to note, while the rankings are the same, Toyota increased its share by almost a half of a percentage point as Camry gained consumer interest while Nissan and Honda fell slightly during the same period as less traffic was recorded for Altima and Civic.

• Echoing the brand share results for Q4, a consumer poll on NADAguides.com finds the majority of car shoppers, 49 percent, indicate that their next car will be a domestic model followed by European makes at 22 percent, Japanese makes at 18 percent and Korean models at 11 percent.

• Korean brands, Hyundai and Kia, actually fell slightly during the fourth quarter while the European makes increased by a percentage point.  Chevrolet owned 14.8 percent of overall consumer interest on NADAguides.com during the fourth quarter of 2011, Ford 13.3 percent, Toyota 10.4 percent, Nissan 6.1 percent and Honda 5.7 percent.

• While Hyundai and Kia have consistently ranked sixth and seventh in terms of brand market share on NADAguides.com throughout the year, GMC moved into the seventh spot in quarter four, pushing Kia down a spot. 

• During the fourth quarter of 2011 Lexus saw a 44 percent brand share increase from Q3 to Q4 moving from 20^th to 16^th in ranking.  However, Lexus sales for the year fell 13 percent which has been attributed to the production issues caused by the March earthquake and tsunami in Japan.  The most researched luxury brands on NADAguides.com are also reflected in the year- end sales shoot -out between BMW followed closely behind by Mercedes-Benz.  The top five luxury makes in overall interest for the fourth quarter were BMW 2.5 percent, Mercedes 2.1 percent, Cadillac 1.8 percent, Lexus 1.7 percent, and Audi 1.4 percent.

• Overall site traffic increased 17 percent from Q3 to Q4, mirroring a surge in sales during the latter part of the year.  During the fourth quarter of 2011 domestics further cemented their position as the leader both in sales and in consumer interest on NADAguides.com.  Interest for domestics was the highest of the year at 45.9 percent versus 44.9 percent in quarter three.

• Both consumer interest and sales for Japanese brands actually increased in the fourth quarter with sales showing a slight uptick by 0.5 percent and an increase of a quarter of a percent in consumer brand interest.   Analysts see the stabilization of production levels during the fourth quarter as a positive sign for the Japanese makes moving into 2012.

Key Quotes

• Troy Snyder, Director of Product Development, NADAguides.com: “This has been a strong year for the domestic brands as they have continually dominated consumer interest on the site.  Surely the production issues that hampered the Japanese manufacturers aided this increase in share for the Big Three, however it will be interesting to see if they can continue the momentum now that production issues are resolved. The Koreans, while losing some consumer interest during the fourth quarter showed strong sales gains and have made it clear they are vying for a bigger piece of the market in 2012.”
• Alan Batey, U.S. Vice President, Chevrolet Sales and Service: “Leading the industry with NADAguide.com’s highest consumer brand share in our centennial year proves that we have transformed Chevrolet and are delivering the high-quality, fuel-efficient, expressively designed vehicles that more and more people want.”

About the NADAguides.com Brand Share Report

The quarterly NADAguides.com Brand Share Report is a collection of data points from hundreds of thousands of research behaviors and actions of in-market, new-car shoppers on NADAguides.com.  NADAguides.com Brand Share Report is an ongoing study, tracking and trending consumer research patterns, purchase intents and market and data interests within automotive brands.

About NADAguides.com

NADAguides.com (http://www.nadaguides.com) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides.com offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products and print guidebooks.

Resources

• NADAguides.com
• NADAguides.com on Twitter
• NADAguides.com on Facebook
• NADAguides.com on YouTube

Industries

• Automotive

SOURCE: NADAguides.com

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NADAguides.com Offers 15-Day Free Trial of New Title and Registration CONNECT

New Online Application Provides DMVs, Government Agencies and Insurance Companies with Color Titles, Licenses and More.

COSTA MESA, CA  – January 11, 2012 – (Motor Sports Newswire) -

News Highlights

• NADAguides.com, the most comprehensive vehicle pricing and information provider, and the most relied upon resource for vehicle pricing and valuation data, announces a 15-day free trial of the New Title and Registration CONNECT; its robust web-based application providing 24/7 access to title and registration data.
• The NADAguides.com Title and Registration CONNECT is a web-based product that is designed to provide instant access to the most up-to-date NADAguides.com title and registration information including lien information, taxes, proof of ownership, repossessions, quick reference charts, agency phone numbers, and more.
• Industry professionals can conveniently log into Title and Registration CONNECT on an as-needed basis from PCs, laptops, tablets and smart phones, providing “anytime, anywhere” access to title and registration information that is updated in real time.
• The NADAguides.com Title and Registration CONNECT application provides state-by-state information for all vehicles including autos, boats, RVs, manufactured homes and motorcycles. Also included in the CONNECT product are clear color samples of state titles, driver licenses and more.
• NADAguides.com is currently offering a full access, unlimited 15-day free trial.  To receive a 15-day free trial please call 1-800-966-6232.

Key Quotes

• Lisa Drew, market analyst for NADAguides.com:  “For over 3 decades, dealerships, DMVs, government agencies and insurance companies worldwide have relied upon the NADAguides Title & Registration products to verify out of state procedures and the validity of important documents.  The new NADAguides Title & Registration CONNECT is extremely user friendly, allowing 24/7 access from any device for keyword searches and enlargement of sample documents. NADAguides is continuously striving to provide the best products and with the constant changes to policies and procedures, we realized how much our customers would benefit from real time updates. Providing the most up-to-date information available is now possible with the new NADAguides Title and Registration CONNECT.”

About NADAguides.com

NADAguides.com (http://www.nadaguides.com) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides.com offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products and print guidebooks.

Resources

• NADAguides.com
• CONNECT
• NADAguides.com on Twitter
• NADAguides.com on Facebook
• NADAguides.com on YouTube

Industries

• Recreation vehicles (RVs)
• Truck campers
• Camping trailers
• Motor homes
• Travel trailers
• Fifth wheels
• Park models

SOURCE: NADAguides

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SPEED and NADAguides Team Up To Provide Pricing and Content Online

NADAguides Partners with SPEED to Share Content Offering Consumers Easy Access to New and Used Vehicle Pricing, Video Reviews and more.

COSTA MESA, CA – November 2, 2011 – (Motor Sports Newswire) – NADAguides, the most comprehensive new and used vehicle pricing and information provider on the Internet today announces a new online content development partnership with SPEED-further enriching the consumer experience by providing access to new and used vehicle pricing, specs and photos to SPEED site visitors and offering enhanced video content and reviews to visitors on NADAguides.com.

Partnering with SPEED provides NADAguides with enhanced content such as enthusiast videos including new car reviews, classic car news from renowned auction company Barrett-Jackson, as well as motorcycle and powersports reviews; all of which provide a richer, more informative visitor experience.

The partnership will provide SPEEDTV.com visitors easy access to NADAguides’ comprehensive new and used car and motorcycle pricing and specification information via content links that will appear throughout the site.

In addition, the partnership with SPEED enables NADAguides.com to offer maximum value for the in-market buyer with pricing, specs, photos, tips and advice, comparison tools and now enhanced test drive review videos.

Key Quotes

Troy Snyder, director of product development for NADAguides: “Our goal is to continually offer in-market consumers the best possible information and tools available. By partnering with SPEED to share and develop content, NADAguides is providing consumers with greater access to the information and resources they need to make thoughtful purchase decisions. The new vehicle shopping and enthusiast content from SPEED is a welcome addition to our site and will provide visitors with fun and engaging information that will enhance their online experience.”

Mark Mitchell, executive director – digital media for SPEED Interactive: “We are very excited about our new strategic partnership with NADAguides. The reputation and market expertise of NADAguides will be a great asset to SPEED fans, enabling them to take advantage of the massive amounts of data available from NADA when researching and making decisions about their next vehicle purchase.”

About SPEED

SPEED, anchored by its popular and wide-ranging coverage of NASCAR, is the nation’s first and only cable television network dedicated to automotive and motorcycle racing, performance and lifestyle. Now available in nearly 84 million homes in North America, SPEED, a member of the FOX Sports Media Group, is among the industry leaders in interactive TV, video on demand, mobile initiatives and broadband services, including SPEED2, a groundbreaking new broadband network available through Cox Communications, Time Warner Cable, DISH Network, Cablevision and Bright House Networks, featuring live, streaming and on-demand events complementing offerings of the linear network. For more information, please visit SPEED.com, the online motor sports authority.

About NADAguides

NADAguides ( http://www.nadaguides.com ) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products, mobile apps and print guidebooks.

Resources

• NADAguides
• NADAguides on Twitter
• NADAguides on Facebook
• NADAguides on YouTube

 

Industries

• Motorcycle
• ATV
• Snowmobile
• Personal Watercraft
• Riding Gear
• Parts & Accessories

SOURCE: NADAguides

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IronPlanet Motors Now a Corporate Sponsor of Southeastern Conference

PLEASANTON, CA – August 30, 2011 – (Motor Sports Newswire) – IronPlanet Motors(R) ( www.ironplanetmotors.com ), a leading online auction site for used autos and powersports, today announced it has become the official online automotive and powersports auction site of the Southeastern Conference (SEC) and all SEC Championship events.

The sponsorship provides IronPlanet Motors the ability to tap into a large share of the college market’s more than 172 million fans through this new sponsorship. The SEC is one of the nation’s top intercollegiate athletic conferences. Through the broad reach of SEC television, radio, online, events, and merchandising, IronPlanet Motors will be able to reach a large audience of college sports fans who are in the market for used cars, trucks, motorcycles, ATVs, jet skis, boats and RVs. Additionally, IronPlanet Motors will have a presence at the Dr Pepper SEC FanFare during the Conference’s annual football championship weekend and men’s basketball tournament. These two events, held in conjunction with the respective SEC Championships, draw more than 60,000 SEC fans each year.

“We are thrilled to support the Southeastern Conference and honored to become the official online automotive and powersports auction site for the SEC,” said Steve Kendrick, Managing Director for IronPlanet Motors. “The SEC is an exciting new avenue for IronPlanet Motors to engage car, truck and powersports buyers.”

Through online auctions, IronPlanet Motors connects buyers and sellers of cars, trucks, motorcycles, ATVs, jet skis, boats and RVs. IronPlanet Motors conducts detailed inspections on the items it sells and provides the inspection reports free of charge at http://www.ironplanetmotors.com . Reports include detailed photos and condition ratings of the interior, exterior, engine compartment and all major accessories. The inspection reports are backed by IronPlanet Motors’ exclusive IronClad Assurance, which guarantees the report is an accurate representation of the vehicle’s condition. The inspection report and the IronClad Assurance equip buyers with the information they need to bid with confidence on the items they want.

The sponsorship contract, which was negotiated through SEC Sports Marketing, an IMG College property, will run through June 2014.

“We are pleased to sign a sponsorship agreement with a company like IronPlanet Motors whose commitment to supporting academics and athletics closely parallels the overall mission of the SEC,” said Mike Slive, Commissioner, Southeastern Conference. “We are confident in IronPlanet Motors’ ability to make a positive impact on our fans and anticipate a long and mutually beneficial relationship.”

About IronPlanet Motors

IronPlanet Motors ( www.ironplanetmotors.com ) is a leading online auction site for the buying and selling of used cars, trucks, and powersports. The IronPlanet Marketplace connects buyers and sellers through online auctions and its daily sales. Included is a wide variety of cars, trucks, motorcycles, ATVs, jet skis, boats and RVs. Unlike other auctions, vehicles at IronPlanet Motors are inspected and guaranteed.

About IronPlanet

IronPlanet is a leading online marketplace for used heavy equipment. Our sellers achieve more profitable sales through low transaction costs and better price realization through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance enable buyers to bid with a high degree of confidence knowing that what they see in the inspection reports is a true representation of the equipment. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo. For more information, visit www.ironplanet.com.

About IMG College

IMG College is the leader in capturing consumer devotion to college sports through partnership opportunities in licensing, marketing, events and hospitality, multimedia rights, stadium and arena development, sales, and consulting across local, regional, and national platforms. IMG College partners with the nation’s top collegiate brands, including the NCAA and its 88 championships, NCAA Football, leading conferences, and some of the most prestigious universities in the country. IMG College is a division of IMG Worldwide, the world’s premier sports, media, and entertainment company. For more information, please visit www.imgworld.com.

About the Southeastern Conference (SEC)

The Southeastern Conference was formed in 1933 and consists of 12 member institutions: Alabama, Arkansas, Auburn, Florida, Georgia, Kentucky, LSU, Ole Miss, Mississippi State, South Carolina, Tennessee and Vanderbilt. The league currently sanctions championship play in nine men’s sports and 11 women’s sports. Its headquarters has been located in Birmingham, Ala., since 1948. For more on the conference, visit www.secsports.com.

SOURCE: IronPlanet Motors

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Wolters Kluwer Financial Services Unveils Indirect Lending Directory

Listing Helps Connect Dealerships with
More than 600 Lenders Across the U.S.

MINNEAPOLIS, MN – May 5, 2011 – (Motor Sports Newswire) - Wolters Kluwer Financial Services announced today that it is helping vehicle dealerships connect with lending sources through its new Indirect Lending Directory, a listing of lenders that accept and use the company’s retail installment contracts to document the financing of automobiles, boats, RVs and powersports vehicles.

The directory of more than 600 lenders, including national and regional lenders, local banks and credit unions, was created to help improve indirect lending relationships between dealerships and the lenders they work with. Using the directory, dealers can easily find lenders who have indirect lending programs and accept Wolters Kluwer Financial Services’ retail installment contracts. Conversely, lenders have the opportunity to promote their indirect lending program to dealerships within the markets they serve.

“Building and maintaining lending relationships is a crucial component of any dealership’s business, but it can sometimes be difficult,” said Jason Marx, vice president and general manager of Mortgage and Indirect Lending at Wolters Kluwer Financial Services. “The directory provides dealers with a tool to simplify that task while also helping lenders promote their indirect lending programs as a means of achieving growth.”

Wolters Kluwer Financial Services’ Bankers Systems retail installment contracts help ensure vehicle loan documentation is accurate and compliant. They are maintained by the company’s compliance experts who monitor legislative and regulatory changes affecting the indirect lending finance industry in all U.S. jurisdictions. The contracts are protected by Wolters Kluwer Financial Services’ limited compliance warranty.

To access the Indirect Lending Directory, or sign up to be included in the listing, please visit http://www.wolterskluwerfs.com/ildirectory.

Wolters Kluwer Financial Services’ Indirect Lending business unit offers compliance documentation and customizable tools that address the regulatory requirements of the indirect lending market and help mitigate risk. Prominent brands include AppOne®, Bankers Systems®, CompliSource and DocOne®. For more information, visit www.WoltersKluwerFS.com/Indirect.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with more than 30 offices in 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.

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NADAguides’ Quarter One Brand Share Report Reveals Shift in Consumer Attention

Domestic and Japanese Brands Maintain Position on NADAguides.com With Korean Brands Gaining Momentum

COSTA MESA, CA – April 27, 2011 – (Motor Sports Newswire) -

News Highlights

NADAguides, the most comprehensive online vehicle information provider today, announces its Brand Share Report for quarter one of 2011, revealing domestic brands continue to be the favorite, representing more than 45 percent of all consumer research on NADAguides.com, with Korean brands gaining momentum by representing nearly 11 percent of the overall brand share.

• Consumer research analysis showed consistent patterns from 2010 Q4 to 2011 Q1, with Ford, Chevrolet, Toyota, Honda and Nissan remaining the top five most researched brands and owning nearly 52 percent of NADAguides brand share.  The analysts at NADAguides attribute a portion of this success to the expansion of model lineups containing more fuel efficient, feature-rich smaller vehicles.
• Ford still remains on top receiving nearly 17 percent of all brand share.  Chevrolet and Toyota followed Ford as the second and third most researched brands making up nearly 12 percent and just over 10 percent of all research, respectively.  Rounding out the top five most researched brands on NADAguides.com were Honda and Nissan, which just barely passed Hyundai by less than one percent for fourth and fifth place.
• Domestic brands made up roughly 45 percent of the overall automotive industry sales and consumer interest queries on NADAguides.com during the first quarter of 2011.  Although the domestics led in consumer interest researched on NADAguides.com, this figure actually represents a decrease of approximately four percent as compared to the fourth quarter of 2010.  Decreases in interest on NADAguides.com were seen in nearly all domestic brands other than Ford, which saw a slight increase of nearly a percent.  NADAguides’ analysts expect Ford’s growth to continue – supported by three new models achieving 40 or more mpg.
• The slight decrease in research for domestic nameplates was picked up by Korean brands, Hyundai and Kia, which each saw a two percent increase from Q4 2010 to Q1 2011 and a combined consumer interest of nearly 11 percent.  This interest has translated to sales as both brands have recently seen large sales increases over the first quarter of 2011, per sales reporting by both brands. The analysts at NADAguides attribute some of this increased consumer interest to strategic sales incentives from Hyundai and the all-new, extremely fuel efficient 40 mpg highway Elantra, which hit showrooms late last year.  The re-launch of the Kia Sorento, which had not been updated since 2009 and was the third most researched vehicle on NADAguides.com during the first quarter of 2011, lead to Kia’s over two percent increase from 2010 Q4.
• Even with Korean brands jumping four percent in the first quarter, Japanese brands such as Toyota, Honda, and Nissan, were able to hold on as the second most researched, behind domestics, representing nearly 30 percent of consumer research on NADAguides.com.

Key Quotes

• Troy Snyder, Director of Product Development, NADAguides: “With the auto industry and consumer car shopping seeing the level of adversity we have in recent months, it has been interesting to say the least to see how consumers are reacting and deciding to shop for new cars.  Korean brand interest has risen which may be a signal that their overall continuous brand messaging, reliability, unparalleled warranty and incentive offerings are taking a foothold.  The Korean brands are earning and taking their piece of the pie from many of the domestics.”
• Michael Sprague, vice president, marketing and communications, Kia Motors America:  ”Kia Motors’ design-led transformation has delivered seven stylish, fuel-efficient and fun-to-drive new products that have significantly increased awareness, perception and consideration of the Kia brand and led to unprecedented growth and momentum for the company in the U.S.  As evidenced by the latest NADAguides Brand Share Report data, more and more consumers are turning to Kia for head-turning, technology-laden vehicles that offer outstanding fuel economy at a tremendous value, and our diverse lineup will continue to surprise and impress consumers who turn to Kia while shopping for a new vehicle.”

About the NADAguides Brand Share Report

The quarterly NADAguides Brand Share Report is a collection of data points from hundreds of thousands of research behaviors and actions of in-market, new-car shoppers on NADAguides.com.  NADAguides’ Brand Share Report is an ongoing study, tracking and trending consumer research patterns, purchase intents and market and data interests within automotive brands.

About NADAguides

NADAguides (http://www.nadaguides.com) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products and print guidebooks.

Resources

• NADAguides
• NADAguides on Twitter
• NADAguides on Facebook
• NADAguides on YouTube

Industries

• Automotive

SOURCE: NADAguides

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Manheim Specialty’s Karen Braddy Recognized as WOMENETICS 2011 POW! Award Recipient

General Manager Honored as Purposeful Woman in the Workplace

ATLANTA, GA – April 27, 2011 – (Motor Sports Newswire) – In recognition of her POWerful leadership contributions over the past 20 years, Manheim Specialty General Manager Karen Braddy was honored by Atlanta-based Womenetics on Tuesday, April 26 with a 2011 POW! Award.

The award was presented at the second annual POW! Awards ceremony at the Loews Atlanta Hotel by Womenetics and Porsche Cars North America. Braddy was among an elite group of fifteen innovative female leaders in Georgia, recognized and celebrated for helping forge new paths, inspiring passion, conviction and confidence in others and modeling collaborative and innovative leadership.

“I am honored and humbled by this award,” said Braddy. “I truly believe that as a leader, the success you achieve is the result of the people you surround yourself with, and the Manheim and Specialty team is fabulous. Thanks to their dedication and efforts, together, we have been able to build a very successful business.”

In her role at Manheim, Braddy is responsible for overseeing the company’s 24 Specialty operating locations around the country. She joined the auction industry in 1990 as a vehicle registration clerk and learned every aspect of the business, which led to her successful career at Manheim. Since launching the Specialty and Heavy Truck & Equipment initiatives in 2005, Braddy has grown Manheim’s Specialty divisions into multimillion dollar businesses.

Her leadership style is highlighted by high-energy, motivation, compassion for others and a drive for success.  Braddy’s stand-out career coupled with a similarly relentless passion for family and dedication to charitable causes throughout the community provided the “ingredients” Womenetics seeks for the POW! award.

Womenetics is a nationally acclaimed media property that celebrates women in the workplace and focuses on developing future female leaders. The global business platform combines online content and events that connect and inspire women to achieve success in their professional and personal lives. This is Porsche’s second year as a sponsor of the event and its first as presenting sponsor.

About Manheim Specialty Auctions
Manheim, the world’s leading provider of vehicle remarketing services, began hosting Manheim Specialty auctions to meet the growing needs of customers looking for used vehicles other than the traditional automobile. Today, Manheim offers customers access to 81 locations in North America, with 24 dedicated to selling Specialty units including boats, RVs, motorcycles, power sports, medium- to heavy-duty trucks, and construction and agricultural equipment.

By offering services such as full-service reconditioning, electronic condition reports, certification, title management, inspections, vehicle transportation, financing and dealer floor planning, Manheim helps customers realize the full value of their vehicles.

Customers can also take advantage of Mobile Specialty auctions that provide convenient, onsite sales and support at any location in North America. All vehicles are sold “in-lane” or “online” via Manheim Simulcast and OVE.com.

A complete list of Manheim Specialty auction locations can be found at www.manheimspecialtyauctions.com and www.manheimheavytruckauctions.com. For the latest news and information from Manheim Specialty, visit our blogs or follow us on Twitter at @ManheimSpclty or @ManheimHTandEq.

Headquartered in Atlanta, Manheim is a subsidiary of Cox Enterprises, Inc., a leading communications, media and automotive services company.

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Collector Car Site ClassicCars.com Teams Up With Cars.com

Partnership Gives Enthusiasts Full Selection of Early, Late-Model Vehicles for Sale

PHOENIX, AZ – September 27, 2010 – (Motor Sports Newswire) – ClassicCars.com, a leading provider of online classified advertising for the collector car industry, and Cars.com, a leading destination for online car shoppers looking for new and late-model used vehicles, have entered into an agreement to promote each other’s websites.

Under the agreement, Cars.com visitors searching for classic vehicles or looking to sell one will be directed to ClassicCars.com.  Similarly, ClassicCars.com visitors seeking new and late-model used vehicles will be directed to Cars.com.  Linking between the sites will be seamless and visitors will have an easy way back to their point of entry.

“We are excited to offer our vast selection of classic cars, trucks, motorcycles and RVs to the Cars.com community,” said Roger Falcione, ClassicCars.com president and CEO.  ”They are renowned for their leadership in automotive marketing services and we are delighted to be able to offer our vehicles to their visitors.”

As a leading collector car website, ClassicCars.com reaches more than 400,000 enthusiasts each month and features more than 20,000 vehicles for sale, ranging from low-cost project cars to elite show vehicles.

By partnering with ClassicCars.com, Cars.com is expanding its selection of classic and collector cars accessible to our shoppers, and exposing our late-model used and new vehicle inventory to ClassicCars.com shoppers,” said Mitch Golub, Cars.com president.  ”This is a great opportunity for Cars.com to meet the needs of shoppers on our site, regardless of year, make or model they are searching, and to increase exposure for our advertisers.”

Visited by more than 10 million car shoppers each month, Cars.com is the leading destination for online car shoppers, offering credible and easy-to-understand information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car.

About ClassicCars.com

Phoenix-based ClassicCars.com, “America’s Collector Car Marketplace,” is a premier online resource for buyers and sellers of classic and collector vehicles.  ClassicCars.com’s online marketplace features thousands of listings for classic cars, muscle cars, antique cars and specialty cars for sale by dealerships and private sellers nationwide.  ClassicCars.com is focused on expanding and supporting the collector car marketplace for casual enthusiasts and serious collectors alike, and on providing significant value to companies who provide products and services to this market.

For more information, including advertising information, write to ClassicCars.com at 1345 E. Chandler Blvd., Suite 101, Phoenix, Ariz. 85048; call 480.285.1600 or visit www.ClassicCars.com.

About Cars.com

Cars.com is the leading destination for online car shoppers, offering credible, easy-to-understand information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car.  With comprehensive pricing information, side-by-side comparison tools, photo galleries, videos, unbiased editorial content and a large selection of new- and used-car inventory, Cars.com puts millions of car buyers in control of their shopping process with the information they need to make confident buying decisions.

Launched in June 1998, Cars.com is a division of Classified Ventures, LLC, which is owned by leading media companies, including Belo (NYSE: BLC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).

SOURCE: ClassicCars.com

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U.S. Auto Parts to Acquire Whitney Automotive Group, One of the Nation’s Largest, Most Trusted Online Auto Parts Retailers

CARSON, CA – August 2, 2010 – (Motor Sports Newswire) – U.S. Auto Parts (Nasdaq: PRTS ), one of the largest online providers of automotive aftermarket parts and accessories, today announced that it has signed a definitive Stock Purchase Agreement to acquire Whitney Automotive Group for the purchase price of $27.5mm and assumption of approximately $11mm in trade-related and other payables. Whitney Automotive Group is expected to have $110 – $120 million in revenues under U.S. Auto Parts ownership in 2010.

The Whitney Automotive Group, a 95 year old company best known for the JC Whitney brand, is part of a group of established brands that distribute aftermarket automotive parts primarily focused on the “Do It Yourself” customer in the automotive accessories aftermarket.  Its brand portfolio includes Stylintrucks.com, Carparts.com, and Allbikesupershop.com which, along with JCWhitney.com, generate approximately 3mm monthly unique visitors.

“With this acquisition, U.S. Auto Parts adds one of the most recognizable consumer facing brands in the online auto parts market, which should increase our customer reach, provide product line expansion and enhance our distribution footprint,” said U.S. Auto Parts’ Chief Executive Officer Shane Evangelist. “And, most importantly, we will be adding very talented team members who can help U.S. Auto Parts take advantage of the favorable market conditions for the online auto parts market.”

In addition to a leading presence in the accessories market, this acquisition also provides U.S. Auto Parts with product line expansion into ATVs, RVs and motorcycles, as well as deep product knowledge into niche segments like Jeep, VW and truck enthusiasts.

Whitney Automotive Group owns a $10mm state-of-the-art distribution center located in Illinois which holds approximately $15mm of owned inventory and was custom built for B2C distribution of auto parts. The acquisition would allow U.S. Auto Parts to complete a three-distribution center network, and thus should increase its distribution footprint and allow for 95% of customers in the US to receive parts within two days of purchase using ground or common carriage.

“This acquisition clearly demonstrates U.S. Auto Parts’ commitment to the aftermarket accessories category and we look forward to working with our new suppliers,” said Evangelist.

“We believe that the combination of Whitney’s established brands and focus on the customer experience, coupled with U.S. Auto Parts’ capacity to compete online, creates a huge opportunity for growth,” said Whitney’s Chief Executive Officer Tom West.

Closing of the acquisition is subject to certain conditions specified in the Stock Purchase Agreement and is anticipated to occur during August 2010. The Company has made a $1 million deposit into an escrow account; if the Company determines, for other than a breach of the Stock Purchase Agreement, that it does not wish to close the acquisition it will forfeit the deposit; otherwise, the deposit will be applied to the purchase price at closing . If the acquisition does not occur by certain dates, the purchase price may increase to a maximum of $29 million. The purchase price is also subject to adjustment based on a post-closing net working capital calculation.

U.S. Auto Parts expects the integration of the companies to be completed in 2011.

As announced previously, the company will report financial results for the second quarter ended July 3, 2010, on Monday, August 2, 2010, after market close, followed by a conference call scheduled to begin at 2:00 pm Pacific Time (5:00 pm Eastern Time).  Participating in the call will be Shane Evangelist, Chief Executive Officer and Ted Sanders, Chief Financial Officer. The acquisition will also be discussed on the call. Participants may access the call by dialing 1-877-941-8418 (domestic) or 1-480-629-9809 (international).  In addition, the call will be broadcast live over the Internet and accessible through the Investor Relations section of the Company’s website at www.usautoparts.net where the call will be archived for two weeks.  A telephone replay will be available through August 16, 2010. To access the replay, please dial 1-877-870-5176 (domestic) or 1-858-384-5517 (international), passcode 4340251.

About U.S. Auto Parts Network, Inc.

Established in 1995, U.S. Auto Parts is a leading online provider of automotive aftermarket parts, including body parts, engine parts, performance parts and accessories. Through the Company’s network of websites, U.S. Auto Parts provides individual consumers with a broad selection of competitively priced products that are mapped by a proprietary product database to product applications based on vehicle makes, models and years. U.S. Auto Parts’ flagship websites are located at www.autopartswarehouse.com, www.partstrain.com and www.automd.com, and the Company’s corporate website is located at www.usautoparts.net.

U.S. Auto Parts is headquartered in Carson, California.

About Whitney Automotive Group

Established in 1915, JC Whitney & Co. is one the largest direct marketer of name-brand automotive parts and accessories, providing “everything automotive” with more than 1 million automotive applications from the latest model year back to the 1920s. JC Whitney offers products for virtually any vehicle — automobiles, trucks, motorcycles, and more — through its comprehensive family of general and vehicle-specific catalogs and on the online at www.jcwhitney.com.

Safe Harbor Statement

This press release contains statements which are based on management’s current expectations, estimates and projections about the Company’s business and its industry, as well as certain assumptions made by the Company. These statements are forward-looking statements for the purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended and Section 27A of the Securities Act of 1933, as amended. Words such as ”anticipates,” “could,” ”expects,” ”intends,” ”plans,” “potential,” ”believes,” “predicts,” “projects,” ”seeks,” “estimates,” “may,” ”will,”  ”would,” “will likely continue” and variations of these words or similar expressions are intended to identify forward-looking statements.  These statements include, but are not limited to, the Company’s expectations regarding its future operating results and financial condition, impact of changes in our key operating metrics, our potential growth, our liquidity requirements, and the status of our auction rate preferred securities. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.  Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference for the Company in connection with this acquisition include, but are not limited to, the risks inherent in acquisitions of technologies and businesses, including the timing and successful completion of the acquisition; the successful integration of the acquisition; costs and unanticipated expenditures, changing relationships with customers, suppliers and strategic partners, potential contractual, intellectual property or employment issues, accounting treatment and charges, and the risks that the acquisition cannot be completed successfully or that anticipated benefits are not realized; availability and pricing of competing products and the resulting effects on sales and pricing of our products.

Important factors that may cause such a difference include, but are not limited to, economic downturn that could adversely impact retail sales; marketplace illiquidity; demand for the Company’s products; increases in commodity and component pricing that would increase the Company’s per unit cost and reduce margins; the competitive and volatile environment in the Company’s industry; the Company’s ability to expand and price its product offerings, control costs and expenses, and provide superior customer service; the mix of products sold by the Company; the effect and timing of technological changes and the Company’s ability to integrate such changes and maintain, update and expand its infrastructure and improve its unified product catalog; the Company’s ability to improve customer satisfaction and retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement the Company’s business plans both domestically and internationally; the Company’s cash needs; any changes in the search algorithms by leading Internet search companies; the Company’s need to assess impairment of intangible assets and goodwill; and the Company’s ability to comply with Section 404 of the Sarbanes-Oxley Act and maintain an adequate system of internal controls; any remediation costs or other factors discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including the Risk Factors contained in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.usautoparts.net and the SEC’s website at www.sec.gov.  You are urged to consider these factors carefully in evaluating the forward-looking statements in this release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement.  Unless otherwise required by law, the Company expressly disclaims any obligation to update publicly any forward-looking statements, whether as result of new information, future events or otherwise.

Contacts:
Investor Relations:
Ted Sanders, Chief Financial Officer
U.S. Auto Parts Network, Inc.
tsanders@usautoparts.com
(310) 735-0085
Budd Zuckerman, President
Genesis Select Corporation
bzuckerman@genesisselect.com
(303) 415-0200

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NADAguides.com Announces the Release of 2010 Used Car Pricing and Information

-Making 2010 Used Car Data Available, NADAguides.com Lives Up To Its Name as the ‘Leading Provider of Vehicle Pricing and Information’ -

COSTA MESA, CA – June 16, 2010 – (Motor Sports Newswire) -  Today, NADAguides.com, the leading provider of vehicle pricing and information, announces 2010 used car pricing and information is now available at their website NADAguides.com.  While new car sales continue to climb, NADAguides.com has addressed the current market demand for 2010 used car data and remains steadfast on its mission of providing the most comprehensive and up to date new and used car pricing and information for consumers.

Car pricing can change just as frequently as the auto industry itself and if anyone lives and breathes this, it’s the analysts at NADAguides.com.  When providing data rich information to in-market buyers, NADAguides.com takes into consideration that these car buyers rely heavily upon the accuracy and timeliness of this data.  The analysts receive some of the most comprehensive transaction data for new vehicles including wholesale, retail and asking price data enabling them to create valuations on 2010 models reflective of current and forecasted market conditions.  NADA’s relationships with NAAA, JD Power, and AutoTrader coupled with investments in technology provide NADA analysts with timely access to new vehicle transaction data and advanced analytical tools enabling them to value new models more quickly than ever.  NADAguides.com updates pertinent data and content daily, keeping pace with the auto industry, making their website the most reliable source for accurate vehicle pricing and information.

About NADAguides.com

NADAguides.com (http://www.nadaguides.com) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides.com offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces software, raw data, web services, web-syndicated products and print guidebooks.

SOURCE: NADAguides.com

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