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News•July 6, 2006

Insurance Auto Auctions Acquires Independent Auto Salvage Pool Company

WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has acquired Auto Disposal Systems Inc. (ADS). The deal includes seven locations in Ashland, Ky.; Buckhannon, W.V.; and in Cincinnati, Celeveland, Columbus, Dayton, and Lima, Ohio. The acquisition was funded through the amendment and expansion of the company's credit facility.

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News•June 29, 2006

ABC Indianapolis Auto Auction to be Sold to Manheim

TORRANCE, CA – According to industry sources, Auction Broadcasting Co. will sell its ABC Indianapolis auto auction to Manheim. The six-lane auction and reconditioning facility sits on 86 acres.

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News•June 29, 2006

OMNI Hotel Room Block Extended for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.

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News•June 29, 2006

New Jersey to Auction Off 809 State Cars

TRENTON, NJ - Calling it a way to get a small, quick bit of cash and save $1 million a year, Gov. Jon Corzine announced June 21 that the state is ready to begin auctioning off 809 state cars.

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News•June 29, 2006

ARI Expands Partnership with Carfax

MOUNT LAUREL, NJ – Automotive Resources International (ARI) and Carfax have expanded their partnership to include service and maintenance records in Carfax Vehicle History Reports. Anyone researching the history of an ARI-managed fleet vehicle will have access to service information through Carfax.

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News•June 29, 2006

ADESA, Inc. Announces Appointment of New Transfer Agent, Implementation of Dividend Reinvestment Plan

CARMEL, IN – ADESA, Inc. has named Mellon Investor Services LLC, as its new transfer agent, effective June 26, 2006. In conjunction with this appointment, ADESA, Inc. will now offer a dividend reinvestment and direct stock purchase plan, which will be administered by Mellon.

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News•June 29, 2006

Manheim Rolls Out TRA Logistics

ATLANTA – Manheim's Total Resource Auctions (TRA) has formed TRA Logistics, a new department that will provide insurance companies and commercial consignors a one-call solution for their nationwide remarketing needs.

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News•June 22, 2006

ADESA's Morgan to Discuss NAAA's New Arbitration Policy at IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.

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News•June 22, 2006

AutoTradeCenter Adds AutoCheck Vehicle History Reports

MENLO PARK, CA – AutoTradeCenter (ATC), an online auction company for buying and selling wholesale used vehicles, and Experian Automotive, have partnered to give dealers access to Experian's AutoCheck vehicle history reports when buying dealer-consigned, used cars through ATC's new inter-dealer electronic auction lane (iDEAL).

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News•June 22, 2006

FLD Names Conn Chief Operating Officer

DELRAY BEACH, FL - Laurie Conn has been named chief operating officer for FLD, Inc., a national vehicle remarketing company.

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