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NewsMay 19, 2005

CBA Study Reveals Automobile Loan Terms Stretched While Credit Quality Improved

ARLINGTON, VA – Automobile loan terms continue to stretch to help make monthly payments affordable, while credit quality improved, according to the Consumer Bankers Association's (CBA) 2005 Automobile Finance Study.

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NewsMay 19, 2005

Insurance Auto Auctions Named as Finalist for Computerworld Honors Program 21st Century Achievement Award

WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA) has been named as a finalist for the 21st Century Achievement Award from the Computerworld Honors Program for its use of information technology in the finance, insurance, and real estate category.

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NewsMay 19, 2005

Wells Fargo Auto Finance to Provide Dealers with Wear and Use Waiver Option

SAN FRANCISCO – Wells Fargo Auto Finance Group said today that it will offer a waiver to protect against expenses for lease-end damage, wear and use.

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NewsMay 19, 2005

Manheim Auctioneers Show Skills at World Championships

ATLANTA – Manheim-sponsored auctioneers placed in the top four positions at the 2005 World Auctioneer Championships held at Manheim's Dallas Auto Auction on April 23, including champion Spanky Assiter of Dallas.

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NewsMay 19, 2005

ADESA, Inc. Conducts First Annual Meeting of Stockholders

CARMEL, IN – ADESA, Inc. recently conducted its first annual meeting of stockholders since becoming a publicly traded company last June.

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NewsMay 19, 2005

Flexco Fleet Services Hires Two New VPs

WESTERVILLE, OHIO – Flexco Fleet Services announced that it has appointed Dave Selz to vice president information technology and Mike Kirila to vice president of sales and marketing.

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NewsMay 12, 2005

Used-Vehicle Market Conditions Continue Steady Improvement in April

ATLANTA and CARMEL, IN — Average auction prices in April, according to ADESA Analytical Services' monthly analysis of wholesale used-vehicle prices by vehicle model class, were up 4.8 percent from year-ago levels.

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NewsMay 12, 2005

Equipment Repossessions and Liquidations Rose in Q1, Marking First Major Increase Since 2002

WESTBURY, N.Y – There was a sizeable increase in equipment repossessions and liquidations during first quarter (Q1) 2005 compared with the same period in 2004, according to the Nassau Asset Management's NasTrac Quarterly Index (NQI).

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NewsMay 12, 2005

Kbb.com Ranked Top Automotive Web Site for Car Shoppers

IRVINE, CA – More car shoppers choose Kelley Blue Book's kbb.com than any other automotive Web site when researching and purchasing a vehicle, according to Keynote Systems' recent Customer Experience (CE) Rankings for the Third Party Automotive Industry study.

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NewsMay 12, 2005

$2.9 Million in Used Construction Groups Sold Online

PLEASANTON, CA – IronPlanet, an auction company that sells used construction equipment, sold $2.9 million worth of trucks and other items in a May 5 online auction, the company said.

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