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NewsApril 19, 2006

Insurance Auto Auctions to Purchase Indiana Auto Storage Pool

WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA), an automotive total loss and specialty salvage service, has entered into an agreement to purchase the assets of Indiana Auto Storage Pool (IASP). IASP operates two locations in Indiana – a 45-acre facility in Indianapolis and a 15-acre site in South Bend. IAA expects the acquisition to close by the end of April.

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NewsApril 19, 2006

Wells Fargo Auto Finance Honors Manheim at First Annual Auction Awards

Three Manheim auctions were recently honored at Wells Fargo Auto Finance's first annual auction awards reception, held March 23 at the Peabody Hotel in Orlando, Fla.

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NewsApril 19, 2006

GE Commercial Finance Fleet Services Participates in abX Pilot Program

INDIANAPOLIS - In 2005, Auction Broadcasting Company (ABC) entered a partnership with American Auto Exchange (aaX) to form the online remarketing channel abX. GE Commercial Finance Fleet Services was one of a select number of ABC customers asked to pilot the program, launched from ABC Tampa last September.

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NewsApril 12, 2006

IARA Gears Up for Summer Roundtable Conference in San Diego

MT. ARLINGTON, NJ – The IARA has announced its Summer Roundtable Conference, which will be held in San Diego, July 26-28, at the Downtown Omni Hotel. Registration will soon be available via IARA's Web site www.iaraonline.org.

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NewsApril 12, 2006

Chrysler Group Posts Highest Total Ever for Certified Pre-Owned Vehicle (CPOV) Sales in March and First Quarter 2006

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted an all-time monthly sales record of 12,029 Certified Pre-owned Vehicle (CPOV) units in March, a 14 percent increase from March 2005 sales and a 29 percent jump from February 2006 results.

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NewsApril 12, 2006

ADESA: Average Wholesale Used Vehicle Prices Above $10,000 Mark

CARMEL, IN - For the second consecutive month, average wholesale used-vehicle prices in March were above the $10,000 mark previously seen just once since 9/11.

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NewsApril 12, 2006

Manheim Rolls Out Enhanced Version of Inventory Optimization Product

ATLANTA – Subscribers to Manheim's inventory optimization tool, Manheim POINT, will now benefit from a series of enhancements to the product, said Manheim POINT Vice President and General Manager Charles Williams.

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NewsApril 12, 2006

AutoTrader.com and AOL Renew Online Partnership

ATLANTA – AutoTrader.com and AOL have renewed the partnership that retains AutoTrader.com as the exclusive integrated used-car classifieds provider for the Autos Channel on the AOL Service, AOL.com, CompuServe, and Netscape.

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NewsApril 12, 2006

Carfax Unveils New National Advertising Campaign

FAIRFAX, VA – Carfax has launched a new advertising campaign encouraging used-car buyers to look for Carfax Vehicle History Reports wherever they shop for cars.

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NewsApril 12, 2006

AutoTrader.com & Dent Wizard Sponsor Olympic Cyclist Marty Nothstein's Car for National Hot Rod Association 2006 Racing Season

ATLANTA – AutoTrader.com and Dent Wizard, paintless dent-removal company, have partnered to sponsor the racecar of Olympic Gold and Silver medalist Marty Nothstein. Nothstein is one of the most recognized cyclists and Olympians in the world, and has recently taken his winning record to the world of drag racing.

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