FORT WORTH, Texas, Feb. 29, 2008 /PRNewswire-FirstCall/ -- AmeriCredit
Corp. (NYSE: ACF) has named Manheim's Tennessee Auto Auction in Nashville,
Tenn., as its 2007 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
"As this year's Auction of the Year winner, Manheim Tennessee delivered
consistently great results for AmeriCredit," said Dan Heinrich, AmeriCredit's
vice president of Asset Remarketing. "AmeriCredit sets high standards for its
auctions across the country. The ability of the team at Manheim Tennessee to
meet and exceed our expectations is an accomplishment that should make them
"It's such an honor," said Robin Treadway, general manager at Manheim
Tennessee. "AmeriCredit is our top account, and the AmeriCredit Advantage
program brings in more buyers than other auctions." AmeriCredit sales are
attractive because the company's Advantage program provides confidence to
buyers, Treadway added. After accepting the award for Manheim Tennessee, Fleet
Lease Manager Bobby Kurzrock said the auction's partnership with AmeriCredit
has been beneficial for both organizations. "We work hard to help AmeriCredit
achieve their goals, and they help us achieve ours," he said.
Manheim Tennessee received three quarterly Auction of Excellence awards
from AmeriCredit in 2007 and also won the annual Southeast region award. As
the top auction in the Southeast region, Manheim Tennessee competed with other
regional award recipients for this year's national honor. The other 2007
regional winners are:
-- Midwest - Columbus Fair Auto Auction, Columbus, Ohio
-- Northeast - Harrisburg Auto Auction, Mechanicsburg, Pa.
-- Southwest - Lubbock Auto Auction, Lubbock, Texas
-- West Coast - Manheim's 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 Auctions.AmeriCredit.com
AmeriCredit Corp. is a leading independent automobile finance company that
provides financing solutions indirectly through auto dealers in the United
States and Canada. AmeriCredit has over one million customers and
approximately $16 billion in managed auto receivables. The Company was founded
in 1992 and is headquartered in Fort Worth, Texas. For more information, visit
SOURCE AmeriCredit Corp.
CONTACT: John Hoffmann, +1-817-302-7627, or Amy Allen, +1-817-302-7423,
both for AmeriCredit Corp.