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NewsAugust 25, 2005

Edwards Named G.M. at Clanton's Auto Auction

ATLANTA – Cotton Edwards has been named general manager of Clanton's Auto Auction in Darlington, S.C. Edwards succeeds Ray Clanton, whose family founded the auction and who will be serving as a consultant to the company until his retirement at the end of the year.

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NewsAugust 25, 2005

Mexico Clears Road for Used Cars

MEXICO CITY – The Mexican government has cleared the way for older cars from the United States and Canada to be imported to Mexico, opening a potentially vast new market for U.S. vehicle merchants looking to unload old vehicles, reported the Los Angeles Times.

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NewsAugust 25, 2005

AutoTrader.com Continues Partnership With ABC's Monday Night Football

ATLANTA – AutoTrader.com will continue sponsorship of ABC's Monday Night Football. The deal includes airing of AutoTrader.com's spots during games and sponsorship of the postgame report following every Monday Night Football game.

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NewsAugust 25, 2005

CarMax Raises Second Quarter Expectations

RICHMOND, VA – For the second quarter ending August 31, 2005, CarMax, Inc. raised comparable store used unit sales expectations to growth of approximately 10%, and raised earnings per share expectations to approximately 37 cents.

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NewsAugust 25, 2005

VW Credit, Inc. Turns to Manheim for Marshalling Needs

ATLANTA – VW Credit, Inc., (VCI) has chosen Manheim's National Auto Dealers Exchange (NADE) in Bordentown, N.J., as its first-ever Northeast regional marshalling center for all VCI vehicles.

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NewsAugust 18, 2005

Newly Formed U.S. Auctions to Conduct Monthly Auction Beginning in September

Armando Camarena, president, has formed a new auction company, U.S. Auctions, to provide fleets with trucks, truck tractors, utility line, and construction equipment disposal.

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NewsAugust 18, 2005

AutoTrader.com Promotes Ferguson to Regional Director

ATLANTA – AutoTrader.com has promoted Cynthia Ferguson to Northwest regional director. In the newly created position, Ferguson will build a seventh sales region for the company encompassing Washington, Oregon, Idaho, Montana, Wyoming, Utah, Colorado, Alaska, and Hawaii. She will report to Alan Smith, regional vice president – West Division.

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NewsAugust 18, 2005

Network Remarketing & Technologies Creates Online Asset Management and Vehicle Remarketing System

SCOTTSDALE, AZ – Network Remarketing & Technologies, LLC has introduced AutoPorts, a comprehensive, online asset management and vehicle remarketing system connecting all parties and all sales channels on a single platform.

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NewsAugust 18, 2005

Manheim Auctions Connects The Atlanta Journal-Constitution to Its AdStar-Powered Dealer Advertising System

ATLANTA – Manheim and AdStar, Inc. announced that The Atlanta Journal-Constitution (AJC) will be the first newspaper to connect to Manheim's new AdStar-powered Dealer Advertising System.

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NewsAugust 18, 2005

CADE Retains TPC Management Co. for Strategic Consulting

CORRY, PA – Corry Auto Dealers Exchange (CADE), has retained TPC Management Co. for strategic consulting in national account - fleet/lease business development as well as management recruiting and training.

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