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News•June 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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News•June 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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News•June 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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News•June 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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News•June 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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News•May 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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News•May 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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News•May 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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News•May 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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News•May 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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