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NewsJune 3, 2004

Big Boys’ Toys Draws Crowd at PADE

Pennsylvania Auto Dealers’ Exchange (PADE) drew a record crowd to its recent second annual Big Boys’ Toys Sale.

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NewsJune 3, 2004

State Line Honors 20-Year Employees

Two employees recently celebrated their 20-year anniversaries at State Line Auto Auction and were honored with a special ceremony at the beginning of the sale.

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NewsJune 3, 2004

Tri-State, Fargo Names New Factory Sale Manager

Jodie Carlstrom has been promoted to the position of factory manager at Tri-State Auto Auction, Fargo.

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NewsJune 3, 2004

Dick Dennis to Lead IARA Endorsement of New Industry Standard Vehicle Grading Scale 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 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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