MT. ARLINGTON, NJ – The 11th annual Conference of Automotive Remarketing (CAR) 2006 is scheduled March 8-10 at Caesars Palace in Las Vegas. More than 400 remarketing professional from auctions, banks, manufacturers, technology providers, and others are expected to attend the event.

CAR 2006 features workshops and presentations designed for professionals involved in the preparation, movement, resale, and accounting of used-vehicle operations. The conference will address a wide range of current relevant topics affecting the remarketing industry, including:

  • Streamlining and refining the used-car sales process.

  • The latest developments in technology revolutionizing the industry.

  • Determining the right data to use in benchmarking.

    The conference lead sponsor is Southern Auto Auction. Co-sponsors are the International Automotive Remarketers Alliance (IARA) and Bobit Business Media, publisher of industry-leading fleet magazines including Auto Rental News, Vehicle Remarketing, F&I, and Automotive Fleet.

    All registered CAR attendees may attend the IARA Circle of Excellence Award luncheon and the afternoon roundtable discussions held March 8.

    Online registration for CAR 2006 and the IARA Winter Roundtables is available online at www.carconference.com. Discounts are offered for early registration and groups of four or more attendees.

    Event Schedule

    Wed., March 8

    9 am-12 pm: Internet Remarketing Business Roundtable (IRBR) Sessions

    9:30 am-6 pm:Registration Open for CAR and IARA

    12-1:30 pm:IARA Circle of Excellence Awards Luncheon with Keynote by Jim Hallett, president of Columbus Fair Auto Auction

    1:45-2:45 pm:IARA Concurrent Roundtables

    2:45-3 pm: Break

    3-4 pm: Roundtables commence

    4-4:15 pm: Break

    4:15-5:15 pm:IARA Process Management Seminar, William Vermilyea, CEO and principal of Strategic Solutions Exchange Group (SSEG) and Linda Hansen, principal, SSEG.

    CAR Begins

    5:30-6 pm:Keynote Address: “Remarketing Success is Product Oriented”

  • Learn how ultimate value finds its mark between initial introduction, consumer acceptance and quality image.

    6-8 pm:Networking Reception and Expo in the Exhibit Hall

    Thurs., March 9

    7 am-6 pm:Registration Open

    7:45-8:45 am:Continental Breakfast and Expo in Exhibit Hall

    8:45-8:50 am:Welcome to CAR 2006 by Sherb Brown and Charlie Vogelheim

    8:50-9:15 am:Opening Address: “Economics & Opportunities That Are Ahead in Remarketing”

  • Find out from one of our industry’s leaders how changes in channels and dealer practices can bode well for the industry.

    9:15-10 am:“Multiple Channel Usage at Finance Units”

  • Get a preview of the trends emerging from banks and captives in obtaining higher values.

    10-10:20 am:Break

    10:20-11:45am:Two workshops will focus on the impact of proposed industry standards:

  • 10:20-11:00am: Workshop on “Vehicle Grading Standards”

  • 11:00-11:45am: Workshop on “Arbitration Policy Standards”

    11:45 am-1:30 pm:Luncheon in Exhibit Hall

    1:30-1:50 pm:“A Special Look Ahead” by Tom Caruso, president of the National Auto Auction Association.

    1:50-2:30 pm:“Online-Internet-Upstream Advances”(IRBR Panel)

  • Learn the objectives of the industry’s newest group and how they plan to change the industry for more effective remarketing.

    2:30-2:50 pm:Break

    2:50-3:30 pm:“How Leaders Look Ahead”

  • Find out how to recognize and identify key industry trends as noted by the market’s leaders.

    3:30-4 pm:“Examining Remarketing Benchmarks, Trends and Insights”

  • How are leading remarketers leveraging technologies and channels to improve results? What strategies are being implemented to optimize performance? What opportunities and challenges does the industry face in the upcoming years? Get the answers to these questions as the key findings from a major annual remarketing benchmarking study are revealed.

    4-4:45 pm:“Evaluating Upstream Progress and Impact”

  • This discussion will focus on “Field Bidding” vs. Auction Values, “True Progress via Internet” and “Measuring the Current Position of Online Trading.”

    4:45-5 pm:Awards Ceremony Recognizing: Remarketer of the Year; Consignor of the Year; and individual “Best Auction” awards by factory and finance firms.

    5-7 pm:Networking Reception in the Exhibit Hall

    Fri., March 10

    7-10 am:Registration Open

    7:45-9 am:Continental Breakfast and Expo in the Exhibit Hall

    9-9:45 am:“Benchmarking’s Relevance To Current Markets”

  • This panel discussion will examine benchmarking’s influence by application.

    9:45-10:05 am: Break

    10:05-10:50 am:“Trends and Influences On Future Values”

  • Learn from a distinguished panel of experts where individual residuals are heading.

    10:50-11:30 am:“How Consignors Can Improve Auction Take-Home Dollars”

  • Get insight into the industry’s newest contributions to obtaining increased resale prices.

    11:30 am: Adjourn

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