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NewsFebruary 10, 2005

AutoTrader.com's Traffic Hits All-Time High

ATLANTA – AutoTrader.com saw traffic numbers increase in January after continued month-over-month growth.

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NewsFebruary 10, 2005

ADESA Declares First Quarter 2005 Dividend

CARMEL, IN – ADESA, Inc. announced that the company's Board of Directors declared a 2005 first-quarter dividend of $0.075 per common share payable March 15, to shareholders of record as of February 22.

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NewsFebruary 10, 2005

CarMax Raises 4th Quarter Comparable Store Sales Expectations

RICHMOND, VA – For the fourth quarter ending February 28, CarMax, Inc. says it raised comparable store used-unit sales growth expectations to a range of 7-9 percent and raised earnings per share expectations to a range of 23-25 cents.

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NewsFebruary 10, 2005

New Remarketing Company Formed

WESTLAKE VILLAGE, CA - Pamela Pence, formerly of Western Fleet Remarketing, has teamed with RJ Foley of Foley Motorsports, to form First Choice Remarketing (FCR).

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NewsFebruary 10, 2005

World Omni Financial Corp. Acquires Monetrics

DEERFIELD BEACH, FL – World Omni Financial Corp. (WOFC), one of the nation's largest automotive finance companies, has acquired Monetrics, an automated risk decisioning software and services company for the consumer finance industry.

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NewsFebruary 10, 2005

Resale Prices Up for Fifth Consecutive Month

ATLANTA and CARMEL, IN – Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased for the fifth consecutive month in January.

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NewsFebruary 10, 2005

Emercent Remarketing Survey Reveals New Industry Trends

CHICAGO - Emercent Solutions, LLC, a provider of strategy and technology services to automotive finance companies, announced on February 2 it will be releasing its 2005 Emercent/IARA Remarketing Survey results in February at the Las Vegas Conference of Automotive Remarketing (CAR) in Las Vegas.

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NewsFebruary 10, 2005

Eisner to be Featured as CAR 2005 Keynote

LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR 2005) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.

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NewsFebruary 3, 2005

Manheim's Simulcast Passes $3 Billion in Value of Vehicles Sold Online

ATLANTA – Manheim's Simulcast – an online system that allows dealers to remotely bid on and buy vehicles as they are moving through live auction lanes – has been responsible for the sale of approximately $3.5 billion worth of vehicles to online buyers in its two years in operation, the company announced.

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NewsFebruary 3, 2005

Connelly to be Featured as CAR 2005 Keynote

LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR 2005) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.

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