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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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NewsJanuary 13, 2005

ADESA Launches Next Generation of Total Loss Title Procurement Service

CARMEL, IN — ADESA Impact, the total loss management and salvage auction subsidiary of ADESA, Inc. has launched its Settlement Package Express (SPE) program. SPE is the latest generation of automation software, providing even greater efficiency to its title procurement process for total loss auto claims.

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NewsJanuary 13, 2005

Dealer Specialties Chooses Carfax as Vehicle History Information Provider

FAIRFAX, VA – Instant access to Carfax Vehicle History Reports is available on more than 4,600 dealer Web sites as the result of a partnership between Dealer Specialties and Carfax.

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NewsJanuary 13, 2005

Rea Brothers' Mid-South Auction Opens New Facility

PEARL, MS – John Rea, managing partner of Rea Brothers' Mid-South Auction, announced the opening of a new 48-acre, six-lane auto auction facility just two miles from Jackson International Airport in Pearl.

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NewsJanuary 6, 2005

Langley, Kolb, and Angert to Moderate Las Vegas IARA Roundtable Discussions

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 6, 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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