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Operationsby StaffNovember 8, 2006

Save the Date for the 2007 Conference of Automotive Remarketing

TORRANCE, CA – The 12th Annual Conference of Automotive Remarketing (CAR), held in conjunction with the International Automotive Remarketers Alliance (IARA) Roundtable Conference, will be held Feb. 28-March 2, 2007 at Caesars Palace in Las Vegas.

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Operationsby StaffNovember 8, 2006

IARA Online Remarketing Courses Reach 150 Students

MT. ARLINGTON, N.J. – The International Automotive Remarketers Alliance's (IARA) Online Remarketing Courses this month reached its 150th-student milestone.

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Operationsby StaffNovember 8, 2006

Manheim Launches Improved Online Remarketing Service for Fleet Customers

ATLANTA – Manheim has launched Electronic Vehicle Purchase (eVP) 2.0, an updated version of its upstream remarketing service for fleet administrators and corporate fleet managers.

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Operationsby StaffNovember 8, 2006

Certified Pre-Owned Programs Drive More Car Sales

CHICAGO – Experian Automotive and Cars.com have announced details of new studies that independently measure the impact of certification on vehicle sales and consumer awareness of certified programs and their features.

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Operationsby StaffNovember 8, 2006

RouteOne Offers Dealers Free Subscriptions to Its autoValue Used-Vehicle Valuation Tool

FARMINGTON HILLS, MI – RouteOne will offer dealers the opportunity to win a free, one-year subscription to its autoValue used-vehicle valuation tool, integrated with values from the N.A.D.A. Official Used Car Guide, at the F&I Technology Conference and Expo, ending Nov. 10, in Las Vegas.

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Operationsby StaffNovember 8, 2006

CarJockey.com Exceeds 3,000 Units

OWENSBORO, KY – CarJockey.com, an online wholesale used-vehicle network for franchised dealers, has exceeded 3,000 vehicles in the dealer network. Network fees are completely success-based; members pay no setup, monthly, or listing fees.

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Operationsby StaffNovember 8, 2006

Group 1 Automotive Reports 25% Increase in Third-Quarter Earnings Per Share

HOUSTON – Group 1 Automotive, Inc., a Fortune 500 automotive retailer, reported that net income for the third quarter ended Sept. 30, 2006, increased 22.2 percent to $26.4 million, on revenues of $1.6 billion.

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Operationsby StaffNovember 1, 2006

Wheels, Inc. Tops $50 Million In Sales From WheelsDirect Internet-Based Employee Sale Program

DES PLAINES, IL - Wheels, Inc. has announced that sales exceeding $50 million have been achieved via WheelsDirect, its online driver and employee sale program. More than 6,000 vehicles have been sold to date through WheelsDirect.

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Operationsby StaffNovember 1, 2006

lanelogic Retains TPC Management for VP Search & Adds Key Executives

DALLAS – lanelogic, an electronic used-vehicle trading network for U.S. automotive dealers, has retained TPC Management Co. to conduct a nationwide search for a vice president of remarketing. This will be a new position on the lanelogic executive management team.

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Operationsby StaffNovember 1, 2006

ADESA, Inc. Reports Third Quarter 2006 Results

CARMEL, IN – ADESA, Inc. reported its financial results for the quarter ended Sept. 30, 2006. For the third quarter of 2006, the company reported net income of $34.1 million, or $0.38 per diluted share, both up 8 percent from the third quarter of 2005.

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