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NewsSeptember 9, 2004

Anglin Named Fleet/Lease Manager at Brasher’s Salt Lake

Lee Anglin of Braher’s Salt Lake Auto Auction has been promoted as the auction’s fleet/lease manager.

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NewsSeptember 9, 2004

CarMax Reports Second Quarter Sales; Expects Second Quarter EPS of Approximately 27 Cents

CarMax, Inc. total sales for the second quarter ending August 31 rose 7 percent to $1.32 billion from $1.24 billion in the same period last year.

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NewsSeptember 9, 2004

August Index Slips for Third Consecutive Month

The Manheim Used Vehicle Value Index slipped from 106.5 in July to 106.2 in August, marking the third consecutive monthly decline in wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis.

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NewsSeptember 9, 2004

Two New Members Elected to the IARA Board of Directors

Michael Lisk, sales executive at SGS Automotive Services, Inc., and Virgil Matczk, regional sales manager at Auction Broadcasting Company, were recently elected to the International Automotive Remarketers Alliance (IARA) Board of Directors.

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NewsSeptember 2, 2004

AutoTrader.com Signs Exclusive Multi-Year Partnership with ABC’s Monday Night Football

www.AutoTrader.com/ has announced a two-year broadcast sponsorship of ABC’s Monday Night Football.

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NewsSeptember 2, 2004

ADESA Announces Spin-Off Date from ALLETE

ADESA, Inc. has announced that its majority stockholder, ALLETE, Inc., has established the record and distribution dates for the stock dividend of all ADESA shares currently owned by ALLETE.

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NewsSeptember 2, 2004

LeaseCompare.com Releases Top 10 Most Requested Vehicles List

Automobile Consumer Services, Inc. (ACS), a provider of online direct-to-consumer auto leasing, released a list of the top 10 most requested vehicles from its auto leasing website www.LeaseCompare.com/ for the second quarter of 2004.

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NewsSeptember 2, 2004

Carfax Vehicle History Reports Available to all 37 Dealership Locations

Carfax has entered into an exclusive partnership with Larry H. Miller Automotive Group.

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NewsSeptember 2, 2004

N.A.D.A. Teams With Experian Automotive

The N.A.D.A. Official Used Car Guide Company and Experian Automotive have formed a partnership that will provide N.A.D.A.'s customers seamless access to risk-reducing products.

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NewsSeptember 2, 2004

AutoTradeCenter, Inc. Announces A Reverse Stock Split

AutoTradeCenter, Inc. has announced that its board of directors has approved a 1-for-100 reverse stock split of its common and preferred stock.

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