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NewsFebruary 23, 2006

NAAA Hurricane Relief Funds Are Distributed

FREDERICK, MD – During the past four months, a National Auto Auction Association (NAAA) team consisting of Tom Caruso, NAAA president; Gregg Kobel, NAAA president rlect; John Rea, NAAA vice president; Jim DesRochers, chairman of the Board; and Frank Hackett, NAAA executive director discerned over applications of 93 families in need of assistance after the 2005 Gulf Coast hurricane devastations. To date, $170,000 has been distributed to those families.

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NewsFebruary 23, 2006

Truck Repossessions High Again in Q4, Reports Nassau Asset Management

WESTBURY, N.Y. – Repossessions and liquidations of tractor-trailer trucks nationwide increased again in fourth quarter, according to Nassau Asset Management. Nassau's NasTrac Quarterly Index (NQI) reveals trends in equipment repossessions and orderly liquidations based upon the company's own internal activity in a given quarter compared to the same quarter the previous year.

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NewsFebruary 22, 2006

Three ServNet Auctions Recognized as Top Performers for Donlen

INDIANAPOLIS – ServNet auctions have been name top performers in three of five regions for Donlen in 2005. For the third consecutive year, Pennsylvania Auto Dealers' Exchange (PADE) was the top-ranked vendor in the Northeast, and Indiana Auto Auction placed first in the Central Region for the second consecutive year.

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NewsFebruary 22, 2006

Insurance Auto Auctions Announces Enhancements to I-Bid LIVE Product

WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has introduced several enhancements to its I-bid LIVE product – the company's Internet-based tool that allows buyers to join live auctions through any Internet-enabled computer and bid along with both live local bidders and other Internet bidders.

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NewsFebruary 22, 2006

DataScan Field Services Expands into the Canadian Market

ALPHARETTA, GA – DataScan Field Services (DFS), which is comprised of Vehicle Inspection Services (VIS) and Nationwide Audit Services (NAS) divisions of DataScan Technologies, has expanded its existing vehicle inspection and floorplan audit services into the Canadian market. Current client demand and increased business opportunities prompted the expansion.

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NewsFebruary 22, 2006

Charleston Auction Launches $1 Million Sweepstakes

CHARLESTON, S.C. – Instead of the usual six-week build to its anniversary sale in March, this year, the Charleston Auto Auction will allow its dealers to increase their chances of winning $1 million for 10 weeks prior to its fifth anniversary celebration.

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NewsFebruary 22, 2006

AutoTrader.com Becomes Title Sponsor for the Fourth Season of ESPN's Highly-Rated 'DRIVE' Series

ATLANTA – AutoTrader.com has announced it is the new title sponsor for the "DRIVE" series (formerly "Road Trip to the Auto Shows"), produced for ESPN and now in its fourth season. The shows will feature highlights of the 2006 L.A., Detroit, Chicago, and New York auto shows. The television show began airing on ESPN Feb. 18 at 6 p.m. ET.

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NewsFebruary 22, 2006

McIlroy Named General Manager of ADESA San Diego

CARMEL, IN — ADESA Corp., a subsidiary of ADESA, Inc. has named Dale McIlroy its new general manager at ADESA San Diego effective immediately. McIlroy replaces Kurt Madvig, who recently assumed a new role with ADESA, Inc. as director of operational improvement.

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NewsFebruary 22, 2006

Carolina Ranks No. 1 with RSA

ANDERSON, S.C. – Remarketing Services of America (RSA) recently recognized Carolina Auto Auction as its Top Performing Auction for 2005.

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NewsFebruary 22, 2006

Chrysler and Dodge Minivans Tout High Residual Values

DETROIT — The Automotive Leasing Guide released its residual value numbers in January 2006 showing the Chrysler Town & Country's high average residual value, with the Touring model holding 47 percent of its residual value.

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