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Featured News

Used Car Sales Come in Lower
Used-car sales declined slightly in April.
Edmunds.com estimates that 3.3 million used cars w...

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Santander Reports Lower Income
Santander Consumer USA Holdings Inc. announced net income for first quarter of $201 million, down 19...

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CPS Closes Securitization
Consumer Portfolio Services Inc. announced the closing of its second term securitization in 2016. &n...

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Chrysler Recalls Vehicles for Door Issues
Chrysler is recalling 811,586 model year 2012-14 Dodge Charger and Chrysler 300 vehicles manufacture...

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Auction Owner Founded Two Sales
Sam Gelt, founder of two auctions, died.

He was 94.

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Used Car Sales Come in Lower
Santander Reports Lower Income
CPS Closes Securitization
Chrysler Recalls Vehicles for Door Issues
Auction Owner Founded Two Sales

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Manheim Selects Top Tech Leader

Manheim has selected Michael Noel as its Chief Technology Officer. In this critical business role, Noel will lead Manheim's vast technology systems, applications and operations that enable Manheim to deliver products and services to its customers anytime and anywhere. Noel will report to Executive Vice President and Chief Operating Officer Janet Barnard effective May 6.

Noel brings more than 15 years of global business, consulting and technology strategy to Manheim. He most recently served as chief information officer and SVP of shared services for PRGX Global Inc., where he led efforts to evolve a single-service business into a multi-service business that drove increased growth and profitability. During his tenure, Noel was also responsible for developing industry-leading IT-enabled business services, innovative software solutions and a customer-centric shared services delivery operation in Pune, India.

Noel began his career at A.T. Kearney, a leading global consulting company, in their technology and transformation practice where he led the development, design and execution of IT solutions for Fortune 500 clients. He also held key leadership roles at Infosys Consulting, Inc., including partner of their Information & Technology Strategies Practice. Noel holds a Bachelor of Computer Science degree from the University of the West Indies in Jamaica and an M.B.A. from the University of Texas at Austin.