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NewsApril 27, 2005

Citigroup Announces Name Change in Auto Division

NEW YORK – Citigroup's auto finance division, comprised of TranSouth Financial Corp., Arcadia Financial Ltd. and Auto One Acceptance Corp., will begin operating under the name CitiFinancial Auto, effective May 12.

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NewsApril 27, 2005

Vehicle Inspection Services Names Fowler New Executive Director

ATLANTA – Vehicle Inspection Services, LLC (VIS), a full-service vehicle inspection company, has named Don Fowler, a 30-year veteran of the automobile remarketing industry, as executive director of business development.

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NewsApril 27, 2005

ADESA Appoints Peisner Vice President Investor Relations & Planning

CARMEL, IN – ADESA, Inc. has named Jonathan Peisner vice president of investor relations and planning. Peisner succeeds Paul Lips, who was recently promoted to senior vice president of operations for ADESA Corp. LLC, the company's used-vehicle auction subsidiary.

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NewsApril 21, 2005

Agenda Announced for IARA 2005 Remarketing Summer Roundtable

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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NewsApril 21, 2005

Chrysler Group Reports Record March 2005 Certified Pre-Owned Vehicle Sales

AUBURN HILLS, MI – Chrysler Group reported that its five-star dealers sold 10,551 Certified Pre-Owned Vehicles (CPOV) during March 2005, an increase of 5 percent over March 2004 sales of 10,060 units and a record monthly sales total.

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NewsApril 21, 2005

Group Calls for Increased Funding for Michigan Auto Mercury Recovery Program

ANN ARBOR, MI - The Ecology Center called on March 31 for automakers to inject an additional $1.5 million in funding for Michigan's auto mercury switch recovery program.

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NewsApril 21, 2005

CarMax Opens First Store in Jacksonville, Fla.

RICHMOND, VA – CarMax, Inc., a retailer of used cars, has officially opened its first store in the Jacksonville area.

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NewsApril 21, 2005

NAFRD to Host its 21st Annual Conference in Palm Desert

SMYRNA, TN -- The National Association of Fleet Resale Dealers (NAFRD) will host its 21st Annual Conference at the JW Marriott Desert Springs Resort & Spa in Palm Desert, Calif., Oct. 6-9.

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NewsApril 21, 2005

DaimlerChrysler Names ADESA Indianapolis as Auction of the Year

AUBURN HILLS, MI – DaimlerChrysler Remarketing has named ADESA Indianapolis Auction of the Year. In winning the award, ADESA Indianapolis becomes the first ADESA auction house to be recognized by DaimlerChrysler Remarketing as its top-performing auction.

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NewsApril 21, 2005

DoaLease.com and ThaList.com Partner to Capitalize on the Growth of Used Car Leasing

CINCINNATI – Automobile Consumer Services, Inc. (ACS), an online auto leasing company, announced a new partnership with www.ThaList.com, a network of highline, classic, and specialty automobile dealers. The relationship will enable dealer members of ThaList to use ACS's www.DoaLease.com service to offer leasing to their customers.

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