MANHEIM AUTOMOTIVE FINANCIAL SERVICES (MAFS) ANNOUNCES NEW VICE PRESIDENT

FOR IMMEDIATE RELEASE                        Contact:           Amanda
King
October 25, 2006
McNeely Pigott & Fox
 
(615) 259-4000
 

MANHEIM AUTOMOTIVE FINANCIAL SERVICES (MAFS) ANNOUNCES NEW VICE
PRESIDENT
 
ATLANTA - Manheim recently named Jeff Bunch vice president of sales and
operations for Manheim Automotive Financial Services (MAFS). 
 
            Bunch, who begins his new position with 21 years of
experience in the automotive industry, is responsible for overseeing
national sales efforts for all MAFS products, field operations at all
operating locations, and the independent auction program. Bunch and his
team will be responsible for managing $2 billion in line availability in
addition to monitoring outstanding credit lines. Bunch will report to
Kathy Decker, vice president and general manager of MAFS.
 
            "As we continue to increase the presence of MAFS, it is
important that we have experienced professionals leading our team,"
Decker said. "Jeff's knowledge of the automotive industry, his
experience with Manheim, and his sales and service skills will   make
him a valuable asset to his customer base."
 
            Bunch joined MAFS almost 10 years ago as a credit analyst.
Bunch also served as national credit manager before moving to his most
recent role as national director of sales. Prior to joining MAFS, Bunch
served as the general manager of a new car store in Canton, Ga., for 12
years. 
 
Bunch earned his bachelors of administration degree in business
management from Mercer University.
 

 

About Manheim Automotive Financial Services (MAFS)
 
            Manheim Automotive Financial Services enables dealers to
maximize their inventory dollars by providing floorplan financing,
offering retail, wholesale and rental financing plans. MAFS serves more
than 15,000 dealers, providing $2 billion in available credit lines. For
more information, visit www.usemafs.com <http://www.usemafs.com/>  or
call (877) USE-MAFS.


 

About Manheim 

 
Manheim is the world's leading provider of automotive remarketing
services.  Through its wholesale 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 auction 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
and services, 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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Amanda King
McNeely Pigott & Fox Public Relations
611 Commerce St., Suite 2800
Nashville, TN 37203
615.259.4000
615.259.4040 (fax)