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NewsJune 3, 2004

Auto Auction Owner Fights Tighter Vehicle Donation Tax Rules

As Congress moves closer to tightening the income tax break for vehicle donations, the owner of a Crestwood auto auction is leading a national coalition of businesses fighting the proposed changes, reported the Daily Southtown newspaper.

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NewsJune 3, 2004

CBA Study Reveals 40% of Car Loans Exceed 60 Months

The trend of longer indirect loan terms (especially over 60 months) is continuing, according to the Consumer Bankers Association's (CBA) 2004 Automobile Finance Study.

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NewsJune 3, 2004

ADESA Aligns Corporate Fleet/Lease Operations, Sales, Names Three Auction Fleet/Lease Managers

ADESA announced that it has named Christine Walsh to the position of senior vice president, commercial sales operations.

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NewsJune 3, 2004

ALLETE Completes Sale of North Carolina Water Systems

ALLETE, Inc., announced that it has completed the sale of its North Carolina-based water and wastewater systems, Heater Utilities, Inc., to Aqua America, Inc. for $48 million in cash and the assumption of approximately $28 million in debt by Aqua America.

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NewsJune 3, 2004

Manheim Announces Drive Center; Morgan Named Executive Director

Manheim has announced that Lynn Morgan has been named executive director of the new Manheim DRIVE (Development, Research, Innovation, Vision, Excellence) Center, which is slated to open in fall 2004.

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NewsMay 27, 2004

DAA Sends Dealers to the Races

Last month, NASCAR Days at DAA Northwest kept the action going in the auction lanes long after the sale was over.

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NewsMay 27, 2004

Brasher’s Northwest Top Performer for ARI

Brasher’s Northwest Auto Auction has been recognized by ARI as one of its 2003 Auction Representatives of the Year.

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NewsMay 27, 2004

Chrysler Group Reports Certified Pre-Owned Vehicle Sales for April

Chrysler Group reported Certified Pre-Owned Vehicle (CPOV) sales of 8,758 units in April 2004, a decrease of 2 percent versus April 2003.

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NewsMay 27, 2004

In Memoriam: Jim Aiken, Founder of Automotive Lease Guide Dies at 87

Jim Aiken, founder of Automotive Lease Guide and a pioneer in indirect leasing, died on March 2, 2004.

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NewsMay 27, 2004

Mustang Giveaway Tops Sacramento’s 26th Anniversary

Brasher’s Sacramento Auto Auction recently celebrated its 26th anniversary.

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