|
FOR RELEASE: May 16, 2000 CONTACT(S): Crystal White GENERAL MOTORS NAMES NORTHSTAR TOP AUTO AUCTION Manufacturer's "Auction of the Year" for
Second Year in a Row
MINNEAPOLIS, Minn. - General Motors remarketing department will present ADT Automotive's Northstar Auto Auction with the GM Auction of the Year Award today at its regularly scheduled GM sale. History will be made at this year's awards presentation, as GM will auction its 7 millionth car during Northstar's 1,000-car sale. GM began selling cars at auction in 1983. "To have Northstar sell our milestone 7 millionth vehicle and to be able to award them our top honor really highlights the value of our partnership," said Dan Kennedy, auction manager General Motors. "Jerry Aman and his team really work hard to meet all our needs and they always exceed our expectations," added Kennedy. "Last year being named 'Auction of the Year' was a great honor; this year the honor is indescribable. Not only because of the award, but also because we get to help GM celebrate a milestone in its history," said Jerry Aman, general manager at Northstar. "Our employees and dealers are who make us the best, and this award is based solely on their dedicated and outstanding efforts." This is the fourth time Northstar, located near Minneapolis in Shakopee, Minn., has won the GM "Auction of the Year Award." It was selected from the 49 auctions around the nation that GM uses to remarket its vehicles. It is a 45-acre facility with six auction lanes and complete reconditioning facilities. Based in Nashville, Tenn., ADT Automotive, Inc., is a vehicle auction and logistics company with 28 U.S. wholesale auto auctions, which auctioned 2.2 million vehicles in 1999. The company's services include managed remarketing; vehicle transportation; online sales, vehicle pricing and inventory information; and state-of-the-art reconditioning. Its website is at www.adtauto.com. ADT Automotive is a Tyco International Ltd. company, a diversified manufacturing and service conglomerate with annual revenues of more than $22 billion. General Motors (NYSE: GM), the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. In 1999, GM earned $5.6 billion on sales of $176.6 billion. It employs about 388,000 people globally. GM is investing aggressively in high technology and e-business within its global automotive operations and through such initiatives as e-GM, GM BuyPower, OnStar and its Hughes Electronics Corp. (NYSE: GMH) subsidiary. GM also operates one of the world's largest and most successful financial institutions, GMAC. More information on General Motors can be found at www.gm.com. |
