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NewsFebruary 16, 2005

Expanded Services are Key Focus for Manheim

ATLANTA – Manheim is launching a new marketing and advertising campaign designed to capture the growing scope of services now offered by the remarketing company.

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NewsFebruary 16, 2005

ADESA Reports Fourth Quarter and Full-Year 2004 Results

CARMEL, IN – For the fourth quarter 2004, the ADESA reported net income of $21.9 million or $0.24 per share, on revenue of $224.8 million.

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NewsFebruary 16, 2005

AmeriCredit Unveils New Competitive ‘Advantage'

FORT WORTH, TEXAS – AmeriCredit Corp. unveiled the AmeriCredit Advantage, which, according to the company, guarantees that certain AmeriCredit vehicles offered at auction are premium quality and “frontline ready.”

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NewsFebruary 16, 2005

Dealers at Charleston Auto Auction Eye $1 Million Sweepstakes

CHARLESTON, SC – Charleston Auto Auction celebrates its fourth anniversary with a $1 Million Sweepstakes.

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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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