AmeriCredit Corp. (NYSE:ACF) has named Grand Rapids Auto Auction in Jenison, Mich., its 2008 Auction of the Year as part of the company’s nationwide Auction of Excellence program.
For the Auction of Excellence program, AmeriCredit representatives assess each auction’s performance in a variety of categories, including customer service, marketing promotions, pre-sale activities and overall auction success.
“We are proud to announce Grand Rapids Auto Auction as our national Auction of the Year winner,” said Dan Heinrich, AmeriCredit’s vice president of Asset Remarketing. “In 2008, Grand Rapids was a consistent top performer for us, and their ability to meet and exceed the high standards AmeriCredit has set for its auctions is quite an accomplishment.”
Nathan Simonson, general manager at Grand Rapids Auto Auction, is thrilled with the Auction of the Year results. “Because AmeriCredit partners with so many auctions across the U.S., it’s a huge honor to be considered the best in 2008,” says Simonson. “We have strived to make our auction a niche sale for financial institutions that demand the highest levels of service, and I think we’ve achieved that.” He added, “Through the hard work and dedication of our team, we’ve met our goal to make Grand Rapids the easiest auction to do business with.”
In addition to winning Auction of the Year, Grand Rapids Auto Auction was also awarded the Regional Auction of Excellence for the Midwest, Outside Lease Coordinator of the Year and Inside Lease Coordinator of the Year. Additionally, during 2008, Grand Rapids received three quarterly Auction of Excellence awards for their outstanding performance in sales and service for the Midwest region. Grand Rapids competed with other regional award recipients for this year’s national honor. The other 2008 regional winners are:
— Southeast – Manheim Tennessee Auto Auction, Nashville, Tenn.
— Northeast – Harrisburg Auto Auction, Mechanicsburg, Pa.
— Southwest – Lubbock Auto Auction, Lubbock, Texas
— West Coast – Manheim Portland Auto Auction, Portland, Ore.
About AmeriCredit Advantage
AmeriCredit Advantage is a dealer-focused buying program featuring quality vehicles in three categories: Assured, Choice and 80+. Vehicles with the Assured seal have passed extensive tests and are fit for a dealership’s showroom floor. Choice vehicles are “front-line ready,” meaning they are ready for a dealership’s lot. Certain cars with more than 80,000 miles receive AmeriCredit’s “80+” seal and a “green light,” which assures buyers the vehicles have been mechanically inspected and are in good working condition. For more information, visit http://auctions.americredit.com.
About AmeriCredit
AmeriCredit Corp. is a leading independent automobile finance company that provides financing solutions indirectly through auto dealers across the United States. AmeriCredit has over one million customers and approximately $13 billion in managed auto receivables. The Company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.
