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NewsJune 8, 2006

Manheim POINT Adds NADA Official Used Car Guide to Inventory Optimization Tool

ATLANTA - Subscribers to Manheim's inventory optimization tool will now have more choices in determining vehicle values with the addition of the N.A.D.A. Official Used Car Guide Company's values to existing vehicle valuations from Manheim Market Report (MMR) and Edmunds True Market Value (TMV), standard in the Manheim POINT product.

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NewsJune 8, 2006

ATC Launches Online Marketplace for Buying and Selling Wholesale Vehicles

MENLO PARK, CA – AutoTradeCenter, Inc. (ATC) has launched a new online auto auction site, ATC Open, a full-service online marketplace that allows licensed dealers to acquire wholesale vehicles more cost efficiently than physical auctions.

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NewsJune 8, 2006

Manheim's May Index Sees Fourth Consecutive Month Decline to 112.9

ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) declined in May for the fourth consecutive month. The Manheim Used Vehicle Value Index now stands at 112.9, which represents a 0.7-percent gain from a year ago and a rise of 10.3 percent from the cyclical trough that occurred in April of 2003.

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NewsJune 1, 2006

Limited Number of Sponsorships Available for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketing Alliance (IARA) has announced there are a limited number of Gold ($4,000), Silver ($2,000), and Sponsor ($1,000) level sponsorships still available for the Annual IARA Summer Roundtable Series, held July 26-28 at the Omni Hotel in San Diego.

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NewsJune 1, 2006

Manheim Acquires Southwest Florida Auto Auction

ATLANTA – Manheim recently acquired the Southwest Florida Auto Auction in Fort Myers, Fla., making it Manheim's 89th North American auction location.

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NewsJune 1, 2006

GM Certified Used Vehicle Sales Up 15% from Last Year

DETROIT - May sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Used Cars from Saturn, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 44,522 units, up 12 percent from last May.

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NewsMay 31, 2006

Avery to Lead Sales Efforts for Online Vehicle Exchange

ATLANTA – Susie Avery has been named vice president of customer relations for Online Vehicle Exchange (OVE), a virtual marketplace for dealer-to-dealer and commercial consignor business transactions that occur outside of the physical wholesale auto auctions.

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NewsMay 31, 2006

Tennessee Auto Auction Named Auction of the Year

NASHVILLE, TN – Manheim's Tennessee Auto Auction was named the 2005 Auction of the Year by Regional Acceptance Corp.

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NewsMay 31, 2006

Adams Named New General Manager at ADESA Shreveport

CARMEL, IN – ADESA Corp. has named Tim Adams General Manager of ADESA Shreveport, effective immediately.

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NewsMay 31, 2006

J.D. Power Reports That Online Used-Vehicle Classifieds Outpace Print Ads Two to One

WESTLAKE VILLAGE, CA – More than twice as many late-model used-vehicle buyers find the vehicle they purchase through the Internet than both newspaper and magazine classified ads combined.

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