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NewsJanuary 20, 2005

Donlen Names Manheim's Statesville Auto Auction Top National Vendor

NORTHBROOK, IL – Donlen Corp. announced that Manheim's Statesville Auto Auction in Statesville, N.C., is the nation's top-performing resell vendor for remarketing Donlen vehicles in 2004.

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NewsJanuary 13, 2005

IARA Announces Moderators and Panel Members for Roundtable Meeting in Las Vegas

MT. ARLINGTON, NJ — Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled for Feb. 16 at the Mandalay Bay Resort and Casino in Las Vegas.

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NewsJanuary 13, 2005

Used-Vehicle Prices at Auction Up 1.3 Percent in 2004; Auction Prices Rise for Fourth Consecutive Month

CARMEL, IN and ATLANTA — Auction prices in 2004 continued the firming pattern identified in mid-2003 after three years of wholesale used vehicle price erosion, according to Tom Kontos, vice president industry relations and analytical services for ADESA Corp., a nationwide auction chain headquartered in Carmel.

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NewsJanuary 13, 2005

Save the Date for CAR 2005

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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NewsJanuary 13, 2005

ABC Southeast Florida Named Marshalling Center For Honda Financial

FORT PIERCE, FL – In December 2004, ABC Southeast Florida – one of Auction Broadcasting Company's newest auctions located at 400 N. Rock Road, Fort Pierce -- began serving as a marshalling center for Honda Financial.

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NewsJanuary 13, 2005

ADESA, Inc. Buys Back Additional 1.18 Million Shares

CARMEL, IN – ADESA, Inc. announced that during the fourth quarter of 2004, the company repurchased 1.18 million additional shares on the open market at an average price of $20.02 per share.

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NewsJanuary 13, 2005

Mercedes-Benz USA Reports 4.1 Percent Increase of Certified Pre-Owned Sales

MONTVALE, NJ -- Mercedes-Benz USA reported sales of 55,208 certified pre-owned vehicles for 2004, representing a 4.1-percent increase over the 53,021 units sold in 2003. This marks the sixth consecutive record year of Mercedes-Benz Certified Pre-Owned sales.

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NewsJanuary 13, 2005

Auto Retailer CarMax Named to FORTUNE Magazine 100 Best Companies to Work For List

RICHMOND, VA -- CarMax, Inc. has been named to the 2005 FORTUNE magazine's 100 Best Companies to Work For list. This is the first time CarMax has been named to the list.

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NewsJanuary 13, 2005

Consumer Dependency on Incentives Remains at High Levels

ROCHESTER, NY and IRVINE, CA – AutoVIBES, a monthly automotive study from Harris Interactive and Kelley Blue Book Marketing Research tracking consumer automotive buying intentions, revealed that car buyers say the purchase of their next vehicle is still heavily dependant on rebates and incentives.

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NewsJanuary 13, 2005

ALG Announces Sixth Annual Residual Value Awards for the Top Segment Leaders and Brand Residual Value Awards

SANTA BARBARA, CA – Automotive Lease Guide's (ALG) annual Residual Value Awards honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price.

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