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NewsDecember 8, 2005

AutoTrader.com Raises Consumer Awareness of Internet Fraud Issue

ATLANTA – Since educating site users and dealer customers is the best defense against fraudulent activity, AutoTrader.com has created an internal Fraud Task Force and beefed up language on its homepage and throughout the site about what activity is suspicious.

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NewsDecember 8, 2005

Wholesale Prices in November See Increase for Fourth Consecutive Month

ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) increased for the fourth consecutive month in November, reported Manheim. The Manheim Used Vehicle Value Index now stands at 114.9, up 6.7 percent from a year ago and up 12.2 percent from the cyclical trough that occurred in April of 2003.

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NewsDecember 8, 2005

Chrysler Group Establishes Sales Records with November 2005 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI – Chrysler Group's Five Star dealers sold a new November record of 8,600 Certified Pre-Owned Vehicles (CPOV), an increase of 5 percent over November 2004 sales of 8,189 units and a 6 percent increase over October 2005 sales.

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NewsDecember 8, 2005

AutoVIN Canada to Provide Information Services for Nissan Canada

CARMEL, IN — AutoVIN Canada, ADESA's professional information services subsidiary in Canada, has been selected to provide technology to help Nissan Canada Finance manage the grounding process at Canadian Nissan and Infiniti dealerships.

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NewsDecember 8, 2005

Detroit Auto Auction Joins Total Resource Auctions Network

ATLANTA – Manheim's Detroit Auto Auction in Carleton, Mich., has joined the Total Resource Auctions (TRA) network, becoming the 14th Manheim auction to offer advanced salvage auction services.

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NewsDecember 8, 2005

RSA Solutions Divided into Two Business Units

BUFFALO, NY – RSA Solutions Inc. has split into two separate businesses in an effort to focus on growth on both sides.

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NewsNovember 30, 2005

Total Resource Auctions Adds Metro Milwaukee Auto Auction

ATLANTA – Manheim's Metro Milwaukee Auto Auction in Caledonia, Wis., has become the 13th Manheim auction to offer advanced salvage auction services under the Total Resource Auctions (TRA) brand.

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NewsNovember 30, 2005

Group 1 Automotive and American Auto Exchange Form Strategic Alliance

HOUSTON – Group 1 Automotive, Inc., a Fortune 500 specialty retailer, has signed an agreement with American Auto Exchange, Inc. (aaXchange) to install aaXchange's pre-owned inventory management software in Group 1's dealerships.

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NewsNovember 30, 2005

Verastar Opens Salvage Auto Auction Company in Savannah

ATLANTA – Verastar salvage auto auctions has scheduled its first auction at its new Savannah facility for 9:30 a.m. Fri., Dec. 9. The company's customers have the options of attending the live onsite auction and of bidding online at www.verastar.com.

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NewsNovember 30, 2005

Doug Shore named Regional Manager of ADESA's Midwest Region

CARMEL, IN – ADESA Corp., a subsidiary of ADESA, Inc., has named Doug Shore its new regional manager for the Midwest Region. Shore's first day on the job in his new role is Dec. 1.

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