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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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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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