DaimlerChrysler Names Greensboro Auto Auction as Auction of the Year

AUBURN HILLS, Mich., Jan. 31, 2007 -- DaimlerChrysler Remarketing has named Greensboro Auto Auction in Greensboro, N.C., as Auction of the Year. This is the third time in the last five years that Greensboro Auto Auction has been selected by DaimlerChrysler Remarketing as its top- performing auction.

Greensboro Auto Auction, one of 24 DaimlerChrysler affiliated auctions, was recognized for providing the highest residual values, quality and customer service to DaimlerChrysler and its Chrysler, Jeep(R) and Dodge dealers in 2006.

"Since becoming a DaimlerChrysler affiliated auction in 1988, Greensboro Auto Auction has grown to be one of our largest and best-performing auctions in the nation, and securing this award in three of the last five years demonstrates that," said Peter Grady, Director - DaimlerChrysler Motors Remarketing. "We greatly appreciate their continued commitment to providing the highest quality vehicles in support of our dealers' retail sales efforts."

Greensboro Auto Auction features a 24-lane facility situated on 235 acres. The auction sold 19,350 used Chrysler, Jeep and Dodge vehicles in 2006 and is also a member of the National and Southern Auto Auction Association.

DaimlerChrysler Remarketing sells vehicles to all Chrysler, Jeep and Dodge dealers in the U.S., via 24 affiliated auctions throughout the U.S.