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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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NewsMay 31, 2006

Manheim Hosts World Automobile Auctioneer Championship

ATLANTA – Manheim's Dallas-Fort Worth Auto Auction, located in Fort Worth, Texas, recently hosted the 18th annual World Automobile Auctioneer Championship May 5 and 6, attracting a record participant attendance.

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NewsMay 31, 2006

CarMax Names Folliard to Succeed Ligon as President and CEO

RICHMOND, VA – CarMax, Inc. has elected Thomas J. Folliard, executive vice president - store operations, as president, CEO, and member of the board of directors, succeeding Austin Ligon, who is retiring. Folliard will assume his new responsibilities June 21.

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NewsMay 31, 2006

Donlen's Layne Weber to Speak At NAFA Remarketing Symposium

NORTHBROOK, IL - Layne Weber, Donlen Corporation's vice president of remarketing, will be a featured speaker at the National Association of Fleet Administrators (NAFA) Old Dominion Chapter's Remarketing Symposium, to be held Jun. 8 at Manheim Auction's Fredericksburg Auto Auction in Virginia.

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NewsMay 31, 2006

Manheim Auctions in Texas Remind Dealers of State's Dealer-Only Policy

ATLANTA – Manheim auto auctions in Texas have strengthened regulations prohibiting non-dealers from participating in sales.

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NewsMay 24, 2006

IARA Summer Roundtable Session Moderators Announced

MT. ARLINGTON, NJ – The International Automotive Remarketing Alliance (IARA) Summer Roundtable Conference will be held at the Downtown Omni Hotel in San Diego, July 26-28.

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