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NewsJune 24, 2004

CarMax Reports Flat Earnings

Auto retailer CarMax Inc. posted flat earnings amid disappointing used-car sales, and the company said that second-quarter earnings are expected to be weaker than analysts expected.

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NewsJune 24, 2004

Layne Weber and Steve Houston to Lead IARA Chicago-Area Dealer Panel Roundtable in Chicago

The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.

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NewsJune 17, 2004

AMS Announces the Addition of OnLine RingRep to its Suite of OnLine Ring Products

Auction Management Solutions, Inc. (AMS), has announced the availability of OnLine RingRep, a new module in the OnLine Ring suite of products, which expands an auction’s ability to allow remote sellers to represent their cars without physically being at the auction.

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NewsJune 17, 2004

Hatfield Auto Auction, 'The Original Chrysler Sale,' Marks 40 Years with DaimlerChrysler

Manheim has announced that Hatfield Auto Auction in Hatfield, Pa., marked its 40th year with DaimlerChrysler by selling all 1,000 vehicles that ran across the block at its Home Run Derby sales event held June 10.

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NewsJune 17, 2004

Mercedes-Benz USA Reports New and Pre-Owned Vehicle Sales

Mercedes-Benz USA reported on June 2 its best month ever for its Mercedes-Benz Certified Pre-Owned program with sales of 5,512 units, an increase of 11.1 percent over May 2003.

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NewsJune 17, 2004

Carolina Celebrates 14 Years with 2,000 Car Sale, $100,000 in Prizes

Carolina Auto Auction, Inc., recently celebrated its 14-year anniversary with more than 2,000 vehicles and $100,000 in cash and prizes.

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NewsJune 17, 2004

Idaho is Named Top U.S. Auction for Bank of America

Auction General Manager Tory Miran has announced that Idaho Auto Auction has earned Bank of America’s Auction of the Year Award for 2003.

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NewsJune 17, 2004

ADESA, Inc., Announces Initial Public Offering, $125 Million Senior Subordinated Note Offering

ADESA, Inc. has announced its initial public offering of 6,250,000 shares of common stock at a price of $24 per share, all offered by the company.

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NewsJune 17, 2004

Chattanooga Auto Auction Plans Anniversary Sale

Chattanooga Auto Auction will celebrate its 8th anniversary on July 13th.

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NewsJune 17, 2004

Layne Weber and Steve Houston to Lead IARA Chicago-Area Dealer Panel Roundtable in Chicago

The International Automotive Remarketers Alliance (IARA) announced that the next IARA Roundtable event, designed to address the needs and priorities of vehicle remarketers, will be held July 21-23 at the Fairmont Hotel in downtown Chicago.

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