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NewsMarch 16, 2006

Insurance Auto Auctions Acquires NW Penn Auction Sales/Warren County Salvage in Erie, Pa.

WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) an automotive total loss and specialty salvage company, has acquired NW Penn Auction Sales/Warren County Salvage located in Erie, Pa.

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NewsMarch 16, 2006

Flexco Fleet Services Introduces Client Dashboard

WESTERVILLE, OHIO – Flexco Fleet Services has introduced its Client Dashboard application, enabling its customers to more closely monitor the vehicle remarketing process. The comprehensive Flexco Client Dashboard tracks every step of the process from initial consignment to final payment.

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NewsMarch 16, 2006

ADESA & First Look Collaborate to Provide Dealers with Custom Auction and Inventory Optimization Tools

CARMEL, IN – ADESA Corp., LLC, a subsidiary of ADESA, Inc., and First Look are collaborating to help dealers better manage their used-vehicle inventory and acquire the vehicles that sell most quickly and profitably at their dealerships.

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NewsMarch 16, 2006

Manheim's Tennessee Auto Auction Wins Second Straight Auction of the Year Award from AmeriCredit

ATLANTA - AmeriCredit Corp. has given its Auction of the Year Award to Manheim's Tennessee Auto Auction in Nashville for the second consecutive year.

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NewsMarch 16, 2006

Two Manheim Auctions Receive Mercedes-Benz Financial Awards

ATLANTA – Mercedes-Benz Financial has awarded Manheim's Riverside Auto Auction with the first-ever “Award of Excellence” and named Manheim's Dallas-Ft. Worth (DFW) Auto Auction “Most Improved Auction of 2005.”

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NewsMarch 16, 2006

Dealers Auto Auction of Alaska to Purchase Kodiak Auto Auction

Dealers Auto Auction of Alaska, Inc., in Anchorage is under contract to purchase Kodiak Auto Auction, Inc., in Anchorage. The transfer date is scheduled for May 1.

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NewsMarch 8, 2006

Wheels, Inc. President Jim Frank Receives IARA Circle of Excellence Award

DES PLAINES, IL – The International Automotive Remarketers Alliance (IARA) has presented Wheels, Inc.'s President Jim Frank with its Circle of Excellence Award. The presentation took place March 8, and preceded the opening of the 2006 Conference of Automotive Remarketing (CAR) at Caesar's Palace in Las Vegas.

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NewsMarch 7, 2006

GM Certified Used Vehicle Sales Down from Last Year

DETROIT – February 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 40,474 units, down 10.6 percent from last February.

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NewsMarch 7, 2006

January Index Increases to 116.3 Coming Off a Strong Fourth Quarter

ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) rose marginally in January after posting a 4.7-percent gain in the fourth quarter of 2005.

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NewsMarch 7, 2006

Southern Shows off Volvo & SAAB at Winter Carnival

EAST WINDSOR, CT – To showcase more than 500 Swedish Vehicles from Volvo and SAAB at its February sale, Southern Auto Auction regaled its customers with a “Winter Carnival.” Hundreds of dealers were greeted by massive ice sculptures of a Volvo V70 and a SAAB 95, each crashing through a 10-foot wall of ice.

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