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News•August 11, 2005

Truck Dealers Introduce Live, Online Auction

MCLEAN, VA – The American Truck Dealers (ATD), a division of the National Automobile Dealers Association (NADA), has endorsed the Web-based truck auctions of Auctio, LLC.

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News•August 11, 2005

Employee Discounts Weaken Used-Vehicle Prices at ADESA and Manheim

CARMEL, IN and ATLANTA – Although wholesale used-vehicle prices were already moderating in May, the employee discount caused prices to further soften in June and July.

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News•August 11, 2005

ADESA, Inc. Announces Sale of ComSearch

CARMEL, IN – ADESA, Inc. has sold ComSearch, Inc., a Rhode Island-based division employing about 100 people. ComSearch provides professional claims outsourcing services, including automotive parts-locating and desk-auditing services, to the property and casualty insurance industry.

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News•August 11, 2005

RSA Unit of Fiserv Joins With Onlane

AMHERST, NY – Onlane Inc. has announced that Remarketing Services of America Inc. (RSA), a business unit of the Lending Solutions Group of Fiserv, Inc., is joining with the firm to expand its upstream and Internet remarketing programs.

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News•August 4, 2005

Metro of Manheim's Florida Auto Auction Joins IARA

ORLANDO, FL – Joe Metro, national accounts dealer sales manager of Manheim's Florida Auto Auction in Orlando, has joined the International Automotive Remarketers Alliance (IARA).

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News•August 4, 2005

Nix Promoted to Vice President of Corporate Development at Grand Rapids Auto Auction

GRAND RAPIDS, MI – Mark Capel, owner of Grand Rapids Auto Auction announces the promotion of Chuck Nix from general manager to vice president of corporate development.

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News•August 4, 2005

Broe Named Manheim Chief Financial Officer

ATLANTA – Mike Broe, formerly senior vice president of new business ventures at Manheim, has been promoted to senior vice president and chief financial officer.

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News•August 4, 2005

IARA Roundtable Draws Crowd to Atlanta

ATLANTA - Drawing the highest attendance in the history of its mid-year conferences, the International Automotive Remarketers Alliance (IARA) 2005 Summer Roundtable featured discussion sessions, panel presentations, and a tour of the Manheim's high-tech DRIVE center.

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News•August 4, 2005

Manheim Launches Salvage Subsidiary

ATLANTA – Manheim announced that it has created a new salvage subsidiary called Total Resource Auctions.

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News•August 3, 2005

New Donlen Remarketing System Includes Auction-Based Pricing for Customers

NORTHBROOK, IL – Donlen Corp. has launched a new vehicle remarketing system, utilizing a large industry data source to give customers up-to-date auction sale data at the click of a button.

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