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NewsAugust 5, 2004

Brasher’s Cascade Customer Going to the Brickyard 400

The ServNet Auction Group has announced that Fadi Hashem, a customer of Brasher’s Cascade Auto Auction, is the winner of the third qualifying heat in the ServNet Racing Team Victory Lane promotion.

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NewsAugust 5, 2004

IARA Elects New Officers

The International Automotive Remarketers Alliance (IARA) elected a new slate of officers, effective January 2005 through 2007.

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NewsAugust 5, 2004

National Association of Fleet Resale Dealers to Hold 2004 Annual Conference in the Bahamas

The National Association of Fleet Resale Dealers (NAFRD) will hold its 2004 Annual Conference September 9-12 in Paradise Island, Bahamas, at the Atlantis Resort (www.atlantis.com/). The conference will celebrate NAFRD’s 20th anniversary.

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NewsAugust 5, 2004

Chrysler Certified Pre-Owned Vehicle Year-to-Date Sales Increase 13 Percent

Chrysler Group reported year-to-date 2004 sales of Certified Pre-Owned Vehicles (CPOV) at 50,084 units, an increase of 13 percent compared to the same period in 2003 when 44,458 vehicles were sold.

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NewsAugust 5, 2004

Auto Leasing Regains Popularity Among Car Buyers

After four years of decline due to higher prices for used vehicles, auto leasing is back on the rise and has accounted for nearly 14 percent of new-vehicle sales by Detroit automakers in the second quarter, up from about 8 percent last year, according to a recent L.A. Times article.

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NewsAugust 5, 2004

ADESA Names Executive Director, National Accounts

ADESA Corp. has named Jason Ferreri to the position of executive director, national accounts.

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NewsAugust 5, 2004

ADP Autosource Database to Include Salvage & Title Checks

ADP Claims Services Group has expanded Autosource, a database of “for sale” vehicle valuation information, to include salvage check and state title information, powered by Experian Automotive’s AutoCheck.

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NewsAugust 5, 2004

Vehicle Valuation Tools From ‘Black Book’ Available Through Expanded CUNA Relationship

National Auto Research, publisher of Black Book’s vehicle appraisal guides, and Credit Union National Association (CUNA) are expanding the relationship they began in January 2000.

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NewsAugust 5, 2004

Truck Repos Increase in 1st Quarter 2004

Nassau Asset Management's NasTrac Quarterly Index (NQI) has identified an increase in truck repossessions since first quarter.

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NewsAugust 5, 2004

Insurance Auto Auctions Reports Higher Net Earnings for 2Q

Insurance Auto Auctions, Inc., reported higher net earnings for the quarter ended June 27, 2004.

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