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NewsJune 2, 2005

Latest Schedule for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) will hold its 2005 Remarketing Summer Roundtable conference July 27-29, 2005, at the Embassy Suites Hotel Centennial Olympic Park in Atlanta.

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NewsJune 2, 2005

Insurance Auto Auctions Announces Acquisition in Altoona, Pa.

WESTCHESTER, IL – Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, announced the acquisition of Insurance Recovery Center, Inc., located just outside Altoona, Pa.

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NewsJune 2, 2005

NIADA Adds DoALease.com to its Member Benefit Provider Program

CINCINNATI – The National Independent Automobile Dealers Association (NIADA) has added DoALease.com to its Member Benefit Program. Formed in 1946 to represent independent automobile dealers, NIADA offers informational services and benefits for its 19,000-plus member dealers.

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NewsJune 2, 2005

DealerTrack Acquires Automotive Lease Guide

LAKE SUCCESS, NY – DealerTrack Holdings announced on May 27 that it has acquired Automotive Lease Guide.

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NewsMay 26, 2005

Late Pope John Paul's Car Up for Auction

AUBURN, IN – A car that once was Pope John Paul II's personal vehicle will be auctioned off in June, according to the Associated Press.

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NewsMay 26, 2005

CarMax to Arrange New Credit Facility

RICHMOND, VA – CarMax, Inc. has signed a commitment letter with Bank of America N.A. and Banc of America Securities LLC to arrange a new $350 million to $400-million credit facility in which Bank of America N.A. has committed to lend up to $150 million.

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NewsMay 26, 2005

Vehicle Inspection Services Joins IARA

ALPHARETTA, GA - Vehicle Inspection Services (VIS) has joined the International Automotive Remarketers Alliance (IARA).

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NewsMay 26, 2005

CarMax Lowers Comparable Store Used Unit Growth Expectations

RICHMOND, VA – CarMax has revised expectations for the first quarter ended May 31, 2005.

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NewsMay 26, 2005

Fowler Joins Vehicle Inspection Services

ALPHARETTA, GA – Don Fowler has been named executive director, business development for Vehicle Inspection Services (VIS), a full-service vehicle inspection company, headquartered in Alpharetta.

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NewsMay 26, 2005

CenterOne Acquires MarketWise Solutions

DEERFIELD BEACH, FL – CenterOne Financial Services, a subsidiary of World Omni Financial Corp., has acquired MarketWise Solutions, Inc., an automotive remarketing services company.

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