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Operations•by Staff•April 27, 2007

Scandura Named IARA Vice President

MT. ARLINGTON, N.J. – Carl Scandura, national remarketing manager, Toyota/Lexus Financial Services (TFS/LFS), has accepted the position of vice president for the International Automotive Remarketers Alliance (IARA).

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Operations•by Staff•April 27, 2007

AutoTrader.com Presents NBA Drive to the Finals Fantasy Game

ATLANTA — AutoTrader.com, an official marketing partner of the NBA, has announced the tip-off of the NBA Drive to the Finals Fantasy Game, providing the grand-prize winner $25,000 toward the purchase of a vehicle on its Web site.

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Operations•by Staff•April 26, 2007

Carfax Forms Alliance with Overstock.com Cars

CENTREVILLE, VA - Internet retailer Overstock.com has integrated Carfax Vehicle History Reports into its new Cars Program (http://cars.overstock.com/) and are available free to anyone shopping for a used car on the site. Overstock.com contains more than 450,000 new and used cars listed on its Web site.

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Operations•by Staff•April 26, 2007

Vehicle Industry Economist to Speak at OVLA Convention

COLUMBUS, OHIO – A nationally known industry economist and author frequently quoted by the media will be a featured speaker May 24, 2007 at 1 p.m. at the 51st Year Ohio Vehicle Leasing Association (OVLA) Convention at the Midwest Hotel and Conference Center in Columbus.

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Operations•by Staff•April 25, 2007

Asbury Automotive Group Reports All-Time Record Gross Profit Results in Used Vehicles & Fixed Operations

NEW YORK - Asbury Automotive Group, Inc. has reported financial results for the first quarter ended March 31, 2007.

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Operations•by Staff•April 25, 2007

Lithia Motors Launches Assured Vehicle Program in Alaska

ANCHORAGE, AK - Lithia Motors, Inc. has launched its national Assured Vehicle program at all of its dealerships in Alaska. The Assured Vehicle program is designed to simplify new- and used-vehicle transactions.

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Operations•by Staff•April 25, 2007

IARA Pays Tribute to Jim Moran

MT. ARLINGTON, N.J. – Jim Moran, owner of JM Family Enterprises and recipient of the first annual International Automotive Remarketers Alliance (IARA) Circle of Excellence award in 2003, passed away in Hillsboro Beach, Fla., the morning of April 24, 2007 at the age of 88 — six years after he handed over the reigns of his 38-year-old JM Family Enterprises.

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Operations•by Staff•April 25, 2007

Barrett-Jackson Helps Raise More Than $500,000 for Charities During Palm Beach Auction

PALM BEACH, FL - The Barrett-Jackson Auction Company announced that the 2007 Palm Beach Collector Car Event raised more than $500,000 for various local and national charities. The 5th annual South Florida auction was held from March 28 - April 1, 2007, and featured nearly 600 of the world's finest collector cars.

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Operations•by Staff•April 25, 2007

ARA Urges Senate Commerce Committee to Support Legislation Aimed at Curbing Vehicle Title Fraud

FAIRFAX, VA – In prepared remarks submitted for the record to the Senate Committee on Commerce, Science & Transportation, the Automotive Recyclers Association (ARA) has outlined the growing national problem of vehicle title fraud, and the subsequent need for Congress to pass legislation requiring the insurance industry to report essential total loss information to a national Vehicle Identification Number (VIN) database.

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Operations•by Staff•April 25, 2007

Penske Used Truck Web Site Has New Look

READING, PA – Penske Truck Leasing has introduced an enhanced commercial vehicle resale Web site, http://www.penskeusedtrucks.com/, with improved functionalities, including easier navigation and more information.

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