GUTRIDGE NAMED TO LEAD FT. WORTH HEAVY-DUTY TRUCK EFFORTS

FOR IMMEDIATE RELEASE                        Contact:           Chowning
Johnson

July 17, 2006
McNeely Pigott & Fox

 
(615) 259-4000

 

GUTRIDGE NAMED TO LEAD FT. WORTH HEAVY-DUTY TRUCK EFFORTS

Ft. Worth Vehicle Auction Demonstrates Renewed Commitment to Heavy-Duty
Truck Business

 

            ATLANTA - Ft. Worth Vehicle Auction, in Fort Worth, Texas,
recently named Patrick Gutridge to lead the auction facility's
heavy-duty truck sales and operational efforts.

 

            Gutridge came to Manheim in October 2005 as an auction
trainee.  In January 2006 the position in the trucks department became
available and Gutridge transitioned into that role.  Prior to joining
Manheim, Gutridge was self-employed and worked as a consultant in the
truck industry.  Gutridge has more than 26 years of experience in the
truck industry.

 

            "Patrick's vast knowledge and long-standing involvement in
the truck industry adds a new dimension to Ft. Worth's heavy-duty truck
department," said Patti Bailey, Ft. Worth general manager.  "He is a
very valuable resource for Ft. Worth and we are extremely fortunate to
add him to our team."

 

            Ft. Worth Vehicle Auction is a 41-acre facility with six
lanes, one of which is devoted to trucks.  Truck sales are held the
third Friday of every month and are only open dealers.  Ft. Worth sells
more than 100 medium- and heavy-duty trucks on average each month.  Many
dealers participate in the truck sales via Manheim Simulcast.

 

            Ft. Worth has hosted truck sales for more than five years
and has large contracts with Budget, GE, Enterprise and Lowe's.


 


About Manheim


 

Manheim is the world's leading provider of automotive remarketing
services.  

 

Through its live auctions and array of technology products, Manheim
impacts every stage of a used vehicle's life cycle, helping commercial
sellers and automobile dealers realize the full value of their vehicles.


 

The company's services include reconditioning, certification,
inspections, dealer financing, transport, title management and
marshaling, among others.  Manheim is also the leader in remarketing
technology, using its online tools to connect buyers and sellers around
the globe to the world's largest, most comprehensive wholesale
marketplace.  In 2005, Manheim handled nearly 10 million used vehicles -
and sold more than 5 million - representing more than $50 billion in
value. 

 

Manheim's subsidiary companies provide value-added remarketing products,
including paintless dent removal (Dent Wizard), Auto Body Repair, and
salvage vehicle remarketing (Total Resource Auctions).  

 

A wholly owned subsidiary of Cox Enterprises, Atlanta-based Manheim is a
global organization with 32,000 employees at its 139 U.S. and
international locations. For more information, visit www.manheim.com.

 

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