FORT WORTH, Texas, Mar 15, 2006 (BUSINESS WIRE) -- AmeriCredit Corp. (NYSE:ACF) has named Manheim's Tennessee Auto Auction in Nashville, Tenn., as its 2005 Auction of the Year as part of the nationwide Auction of Excellence program. The auction also received the 2004 Auction of the Year award from AmeriCredit.

"We are excited to announce Tennessee Auto Auction as the top-performing auction of the year -- for the second year in a row," said Gayle Pavlicek, senior vice president of Asset Remarketing at AmeriCredit. "Once again, the auction's commitment to excellence and enthusiasm for AmeriCredit's programs have made it our No. 1 auction in the nation."

The Auction of Excellence program is based on customer service, as well as highest recovery rate. AmeriCredit representatives assess each auction's performance in a variety of categories, including organization of sale, quality of vehicle reconditioning, dealer turnout and average recovery rate for AmeriCredit vehicles. In addition, they evaluate pre-sale services such as vehicle transportation and condition reports.

Tennessee Auto Auction has been recognized with a quarterly Auction of Excellence award five times. The auction competed with other regional award recipients for this year's national honor. The other 2005 regional winners are:

-- Midwest -- ADESA's Des Moines Auto Auction in Grimes, Iowa

-- Northeast -- Harrisburg Auto Auction in Mechanicsburg, Pa.

-- Southwest -- Lubbock Auto Auction in Lubbock, Texas

-- West Coast -- ADESA's San Diego Auto Auction in San Diego, Calif.

About AmeriCredit

AmeriCredit Corp. is a leading independent auto finance company. Using its branch network and strategic alliances with auto groups and banks, the Company purchases retail installment contracts entered into by auto dealers with consumers who are typically unable to obtain financing from traditional sources. AmeriCredit has approximately 1 million customers and $11 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.

SOURCE: AmeriCredit Corp.

AmeriCredit Corp., Fort Worth
John Hoffmann, 817-302-7627
or
Amy Allen, 817-302-7423