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NewsApril 4, 2007

GM Certified Used Vehicles Offers Special 2.9% APR Incentive Rate on Chevy Cobalt and Pontiac G6

DETROIT – GM Certified Used Vehicles has announced a new nationwide rate incentive program on select GM vehicles, including the Chevrolet Cobalt and Pontiac G6.

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NewsApril 4, 2007

KAR Holdings Announces Private Offering of Senior & Subordinated Notes

WESTCHESTER, IL – KAR Holdings, Inc. intends to commence a private placement offering to eligible purchasers of $1.1 billion of floating rate senior notes due 2014, fixed rate senior notes due 2014, and senior subordinated notes due 2015. The notes are expected to be eligible for resale under Rule 144A of the Securities Act of 1933.

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NewsApril 4, 2007

ATC-Onlane Adds New Feature & Consignors to its ATC Open Online Wholesale Auction

MENLO PARK, CA – ATC-Onlane, Inc., has announced that Audi Financial Services, Automotive Resources International (ARI), Mike Albert Leasing, and Vanguard Car Rental USA, Inc., are all turning to ATC Open (www.atcopen.com) to offer their inventory to a nationwide audience of dealers.

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NewsApril 4, 2007

America's Auto Auction, Greenville Awarded Bank of America's Auction of the Year – Specialty Sales

DALLAS – America's Auto Auction – Greenville was awarded Bank of America's Auction of the Year – Specialty Sales for its efforts in remarketing boats and RVs, a special product offering which it has developed in recent years.

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NewsApril 4, 2007

Total Resource Auctions Adds Lafon to Sales Team

ATLANTA – Manheim has announced the addition of Francine LaFon as regional sales director. LaFon will report to Michael Lasini, Total Resource Auctions vice president of sales. Her primary focus will be on business development activities in the Southwest region.

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NewsApril 4, 2007

FLEETS USA Launches Client Portal

ELIZABETH, CO – FLEETS USA has launched their new Web-based client portal. The company specializes in national vehicle remarketing services for the fleet industry. The portal allows clients complete access to their vehicle sales transactions.

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NewsApril 4, 2007

Manheim's Greater New Orleans Auto Auction Assists in “Rebuilding the Gulf Coast”

ATLANTA – Manheim's Greater New Orleans Auto Auction, based in Slidell, La., recently participated in GE Remarketing's Mega-Sale during the location's 13th annual Mardi Gras week and also tied in a “Rebuilding the Gulf Coast” promotion to benefit a local family affected by Hurricane Katrina.

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NewsApril 4, 2007

Sheinson's Vision Behind Veretech, LLC Realized with Sale

DELRAY BEACH, FL – In 2000, FLD, Inc., Fleet Lease Disposal, funded and staffed Veretech, LLC with its then 10-member in-house technology department. FLD Chief Executive Officer Michael Sheinson was the visionary for the basic software utilized by Veretech, LLC, which operates an online vehicle trade-in and sales lead generation application, according to the company.

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NewsApril 4, 2007

OVE.com Offers Free Post-Sale Inspection to First-Time Buyers in April

ATLANTA – OVE.com, a virtual vehicle marketplace for dealer-to-dealer and commercial consignor business transactions, is offering first-time buyers a free, full post-sale inspection (PSI) during the month of April, worth up to $145. This inspection includes a frame check and mechanical check on all arbitratable items and provides the buyer with an up to 14-day guarantee on inspected items.

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NewsApril 4, 2007

ARI's Upstream Sales Top $80 Million

MT. LAUREL, N.J. – Automotive Resources International (ARI) reports $80 million in upstream remarketing sales for 2006. ARI's multi-faceted approach to increasing upstream sales in 2006 realized the sale of over 10,000 vehicles to client's drivers, employees, and other individuals during the year.

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