ADT buys repair firm
NASHVILLE, Tenn. - ADT Automotive Inc. has acquired Automotive Aftermarket Wholesale Co., a paintless dent repair company in Springfield, Mo.
The new company will be known as ADT Automotive Paintless Dent Repair Inc.
The new company will enable ADT to perform auto body work that currently is handled by Dent Wizard of St. Louis.
ADT Automotive is a vehicle remarketing and logistics company.
HALF A BILLION ON THE WEB
ATLANTA - Manheim Online said it has sold off-lease, fleet and other used vehicles valued at more than half a billion dollars through its CyberLots during the first 11 months of 1999. A Manheim CyberLot is an Internet site where Manheim clients offer vehicles at a fixed price.
Dealers purchased 33,968 off-lease and other late-model vehicles valued at $561 million through November via CyberLots, compared with 12,440 vehicles valued at $216 million for all of 1998.