LAS VEGAS -

During the National Auto Auction Association/CAR event, Avis Budget Group announced five auction awards.

According to Greg Thibault, Avis Budget Group’s vice president of fleet disposal, the winners are:

—Ally’s SmartAuction, as the 2010 Best Performance E-Channel.

—Southern Auto Auction, as the 2010 Most Improved Auction.

—ADESA Dallas, as the 2010 Best Performance for Residual Value

—Manheim Pennsylvania, as 2010 Overall Volume Leader.

—Manheim St. Louis, as 2010 Overall Quality Leader.

Thibault said “Avis Budget Group relies on all of its remarketing service providers to meet or exceed certain performance metrics each year, and SmartAuction delivered exceptional results for us in 2010.”

Meanwhile, Mark Newman, SmartAuction’s managing director, added, “Highly engaged consignors like Avis Budget Group have found they are able to efficiently market their inventory with tools like SmartAuction because of the quality of the dealer community it draws.

“We appreciate the recognition of our efforts as a leading auction channel and look forward to helping Avis Budget Group and other SmartAuction users continue to match the right vehicle with the right customer,” he concluded.