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NewsMay 12, 2005

IARA Roundtable to Focus on Vehicle Values, Benchmarking, & Remarketing Technologies

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

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NewsMay 12, 2005

Compact Car Resale Values on the Rise

GAINESVILLE, GA — Compact cars are holding their values better today than at any time during the previous three years. A recent Black Book survey compared the current value retention of one, two, and three year old compact cars, against that of one, two, and three year old compact cars in 2004 and 2003 respectively.

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NewsMay 12, 2005

Hallett Departs ADESA in Management Realignment

CARMEL, IN — ADESA, Inc. Chairman, President, and CEO David Gartzke announced on May 9 the departure of Jim Hallett, executive vice president of ADESA, Inc., and president of ADESA, Corp., LLC. The departure was effective May 6, 2005.

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NewsMay 12, 2005

Chrysler Group Reports Twelfth Consecutive Month of Year-Over-Year Sales Gains for April 2005 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, MI – Chrysler Group reported that its Five-Star Dealers sold 8,794 certified pre-owned vehicles (CPOV) in April 2005, an increase over April 2004 when 8,758 units were sold. Year-to-date sales totaled 36,584 units, an increase of 8 percent over year-to-date results last year.

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NewsMay 12, 2005

AFLA Announces Agenda for 2005 Conference with Emphasis on Remarketing

ST PAUL, MN— The Automotive Fleet & Leasing Association (AFLA) will hold its 2005 Annual Meeting & Conference Sept. 7-9, 2005, at the Marriott Camelback Resort, in Scottsdale, Ariz.

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NewsMay 4, 2005

Auto Auction Services Corp. Joins IARA

ATLANTA – Don Meadows, president of Auto Auction Services Corp. (AASC) and AutoIMS.com has joined the International Automotive Remarketers Alliance (IARA).

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NewsMay 4, 2005

ADESA Acquires Used Vehicle Auction Near Washington, D.C.

CARMEL, IN – ADESA, Inc. has entered the Washington, D.C. auction market via the acquisition of ABC Washington Dulles, LLC located in Sterling, Va.

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NewsMay 4, 2005

SGS Automotive Services and Carfax Create Alliance

HUNTERSVILLE, NC – SGS Automotive Services, an independent vehicle inspection company, has formed an alliance with vehicle history provider Carfax to provide enhanced remarketing support services for leading carmakers (OEMs) and their related financial institutions.

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NewsMay 4, 2005

Chief Automotive Systems and Carfax to Develop New Products and Services for Safer Used Car Frames

FAIRFAX, VA – Carfax, a provider of vehicle history information, has formed a strategic partnership with Chief Automotive Systems.

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NewsMay 4, 2005

Manheim Auctions Take 10 of 13 Enterprise Awards

ATLANTA – Out of a total of only 13 recipients, Enterprise Rent-A-Car has given 10 of its 2004 Auction Achievement awards to Manheim auctions:

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