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NewsSeptember 21, 2006

IARA Board Unanimously Endorses NAAA Arbitration Policy

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) Board of Directors voted unanimously to endorse the National Auto Auction Association (NAAA) arbitration policy at their August meeting.

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NewsSeptember 21, 2006

Kontos: August Retail Used-Vehicle Sales Fall By More Than 20%

CARMEL, IN – Average wholesale used-vehicle prices registered a small (0.4-percent) uptick in August after four months of declines.

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NewsSeptember 21, 2006

AutoTrader.com Reports 15% Increase in August Traffic

ATLANTA - AutoTrader.com saw its consumer traffic increase 15 percent in August over last year's monthly traffic. In addition, the company continued to see consecutive months of year-over-year traffic growth January through August 2006.

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NewsSeptember 21, 2006

Pesante Joins ABC West Michigan

MOLINE, MI - ABC West Michigan, an Auction Broadcasting Company facility, has added Jana Pesante as its new fleet/lease manager. Pesante previously served as fleet/lease manager of ABC Indianapolis and comes to ABC West Michigan with more than 25 years of experience in the auto industry, including the auto auction and auto parts arenas.

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NewsSeptember 13, 2006

Donlen Chooses National Auction Index & Black Book As Resale Benchmarks

NORTHBROOK, IL - Donlen Corp. will add the Black Book Commercial Vehicle Value Guide as its guidebook source to supplement its National Auction Index (NAI) vehicle resale benchmark.

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NewsSeptember 13, 2006

Manheim's August Used Vehicle Value Index Rises Slightly to 112.1

ATLANTA - Wholesale used vehicle prices (on a mix, mileage, and seasonally adjusted basis) rose 0.6 percent in August. The Manheim Used Vehicle Value Index was 112.1 for the month, representing a year-over-year increase of 2.7 percent.

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NewsSeptember 13, 2006

Cox Enterprises Completes Division of Partnership Assets in Trader Publishing Company

ATLANTA – Cox Enterprises, Inc. has completed the division of assets with Landmark Communications, Inc. of their 50/50 partnership in Trader Publishing Company, a producer of specialty title classified advertising publications.

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NewsSeptember 13, 2006

AutoTradeCenter and Onlane Complete Merger

MENLO PARK, CA - AutoTradeCenter, Inc. (ATC) and Onlane Group, Inc. have completed their merger following approvals by both companies' stockholders. Originally announced as a definitive agreement to merge July 24, 2006, the transaction was finalized Aug. 14. The combined company will be named ATC-Onlane Inc., effective immediately.

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NewsSeptember 13, 2006

Wheels, Inc. Honors Top Remarketers at NAFRD Conference

DES PLAINES, IL - Wheels, Inc. recently recognized top regional auto wholesale dealers at the National Association of Fleet Resale Dealers (NAFRD) 22nd annual conference, which took place Sept. 7-10 in Las Vegas.

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NewsSeptember 13, 2006

ServNet Auctions Rev Up at GM Remarketing Meeting

COLUMBUS, OHIO – Representatives of seven ServNet Auctions gathered at the Columbus Fair Auto Auction Aug. 23-25 for the 2006 GM Remarketing Meeting.

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