Auto Recycling Enewsletter

For immediate release - December 2004

To view this newsletter online, click here.

Written and published by Mike Gibson and Ron Sturgeon, autosalvageconsultant.com, email to email Mike Gibson

To register for future free issues, visit http://www.autosalvageconsultant.com. Don’t forget to watch for our management articles monthly in Recyclers Power Source Magazine, or posted at our web site.

This Month’s News

Salvage on Fire, Investing By W.D. Crotty, December 1, 2004

There are impressive operating margins in auctioning salvage vehicles -- and technology is paving the way to even higher margins. Copart (Nasdaq: CPRT), the largest provider of salvage disposition services in the U.S., reported that its latest quarter's sales rose 14% and net income blossomed 49%.

RI gets EPA grant to help auto salvage businesses, Providence Business News, Boston

The U.S. Environmental Protection Agency has awarded $200,075 to Rhode Island for a program to measure the environmental performance of auto salvage yards and provide on-site compliance assistance to salvage yards through a multimedia approach. The grant is one of 12 awarded nationwide, including three in New England. Maine got $152,000 for an "environmental results" program for auto body and repair shops, and Vermont got $200,000 for a self-certification program for retail gas stations. The money comes from an "innovation grant" program at the EPA geared to strengthening the federal agency’s partnerships with states and Native American tribes. The program supports projects aimed at improving environmental results across industry sectors by using compliance assistance and other innovative tools. Rhode Island’s grant will be administered by the state Department of Environmental Management, which has undertaken several initiatives to help businesses reduce and prevent pollution.

LKQ Stock Recovers

LKQ’s stock, which dipped last month on weaker than expected sales and earnings, has nearly recovered to it’s 52 week high of about $20.00 Copart has received lots of good press, so LKQ is likely benefiting from that, as well as overall market increases.

Auto Centrix, Inc. Announces the Signing of World-Wide Rights Agreement for Proxy-Bid Salvage Auction Software TAMPA, Fla. & HALIFAX, Nova Scotia--(BUSINESS WIRE)--Dec. 14, 2004

Auto Centrix, Inc. (PINK SHEETS:ATCX) announced today that it signed an Unlimited License agreement with Vortex Solution Inc of Montreal, Quebec giving Auto Centrix, Inc. exclusive worldwide rights to market, promote, and sell their proxy-bid salvage auction software. The software utilizes a proxy bid capability whereby bidders can set their maximum bid on a unit and the system will do the bidding for them up to that set amount. The software module also offers in-depth condition reporting as well as advanced search and reporting capabilities. The agreement also gives Auto Centrix the first option to purchase the software, at an agreed upon price, within a pre-determined timeframe.

AutoSalvageConsultant.com’s Founder, Ron Sturgeon, Announces his 2nd Book, Soon to be Published

"Green Weenies and Diligence-A Layman’s Guide to Business and Transaction Terms" has gone to the illustrator for about 50 cartoons of the funny business sayings often muttered in back rooms, in anger, or in just having a good time doing business. Ron collected the 350+ sayings over the last 5 years, as he dealt with investment bankers during his stock offerings or other business persons in business. Ron’s first book, "How To Salvage Millions From Your Small Business", available at www.amazon.com is in its second reprint, and has been published in Chinese, Korean, Vietnamese and Czech Republic. Learn more at www.greenweenies.com

How’s Business?

"Don’t limit yourself. Many people limit themselves to what they think they can do. You can go as far as your mind lets you. What you believe, remember, you can achieve." Mary Kay Ash

Embracing Change to Achieve Your Business Goals

In today's business world, nothing is more constant than change. And in our cyber-savvy age ... where major industry changes can occur in the blink of an eye ... nothing is more integral to your organization's continued success than its willingness to embrace change as an opportunity rather than reject it as a threat. There's no time like the present to review the past year, make changes and set some solid goals for your growing business. Give us a call or send us an e-mail, we can help.

There is no better time to reflect on last year, it’s ancient history now. How can you learn from last years results? If they were good, that’s great, but if not, consider how you can make 2005 different, and better!

As the year ends, we wish you happy holidays.

AutoSalvageconsultant.com was formed in 2001 to help recyclers improve their businesses. With over 50 years of experience in 3 staff members, the group is THE definitive source for recyclers management and training needs. Mike Gibson and Tammy Sturgeon joined the team in 2003, and bring a wealth of experience to the team, plus more resources, as there have been more requests for help than Ron could meet. The founder, Ron Sturgeon is past owner of AAA Small Car World. In 1999, he sold his six Texas locations, with 140 employees, to Greenleaf. In 2001, he founded North Texas Insurance Auction, which he sold to Copart in 2002. In 2002, his book Salvaging Millions was published to help small business owners achieve significant success, and was recently reprinted and published in Chinese. In June 2003, he joined the new ownership and management team of GreenLeaf. He also manages his real estate holdings and investments. You can learn more about how to help your business at www.autosalvageconsultant.com. Mike can be reached at 1409 Carson, Haltom City, TX 76117, (preferably) email Mike Gibson, or 817-872-1491.