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Operations•by Staff•June 29, 2006

New Jersey to Auction Off 809 State Cars

TRENTON, NJ - Calling it a way to get a small, quick bit of cash and save $1 million a year, Gov. Jon Corzine announced June 21 that the state is ready to begin auctioning off 809 state cars.

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Operations•by Staff•June 29, 2006

OMNI Hotel Room Block Extended for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.

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Operations•by Staff•June 29, 2006

ABC Indianapolis Auto Auction to be Sold to Manheim

TORRANCE, CA – According to industry sources, Auction Broadcasting Co. will sell its ABC Indianapolis auto auction to Manheim. The six-lane auction and reconditioning facility sits on 86 acres.

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Operations•by Staff•June 22, 2006

World Omni/CenterOne Presents National Auction Awards

DEERFIELD BEACH, FL - World Omni Financial Corp. and its division, CenterOne Financial Services LLC, recently presented the Region One World Class Auction of the Year, Region Two World Class Auction of the Year, and World Class Internet Auction of the Year awards to Manheim Auto Auction, ADESA Charlotte, and ABC South Tampa, respectively.

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Operations•by Staff•June 22, 2006

DaimlerChrysler Vehicle Remarketing Announces 60-Day Buyback Guarantee for Pre-Owned Vehicles

AUBURN HILLS, MI – Chrysler Group is introducing the "Retail Return Guarantee Program" this summer, which offers a 60-day vehicle buyback guarantee for all Chrysler, Jeep, and Dodge dealerships when they purchase select 2005 and 2006 Chrysler Group vehicles at company closed auction venues now through Aug. 31, 2006.

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Operations•by Staff•June 22, 2006

Wheels, Inc. and Onlane Co-Host Canadian Vehicle Remarketing Event

DES PLAINES, IL - Wheels, Inc. and Onlane, Inc. recently hosted an educational event highlighting strategies for successful vehicle remarketing. The event, which took place on Jun. 13 at Onlane's Toronto headquarters, drew an audience of fleet executives from Wheels' clients throughout Canada.

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Operations•by Staff•June 22, 2006

ADESA, Inc. Announces Appointment of Timothy Clayton as Interim CFO

CARMEL, IN – ADESA, Inc. has appointed Timothy C. Clayton as interim chief financial officer.

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Operations•by Staff•June 22, 2006

Chrysler Group Announces Certified Pre-Owned Vehicle (CPOV) Sales Records for May 2006

AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units. Year-to-date sales also increased 14 percent to 50,539 units, establishing the company's best year-to-date sales ever.

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Operations•by Staff•June 22, 2006

AutoTrader.com Observes Spike in Activity From 'The Fast And The Furious: Tokyo Drift' Opening Weekend

ATLANTA – AutoTrader.com noted substantial increases in searches for the vehicle models featured in the third installment of the movie series "The Fast and The Furious" with the opening of "The Fast and the Furious: Tokyo Drift" over the June 16-18 weekend. Starring models, including the Mazda RX-7, Mazda RX-8, and Nissan 350Z, are now in high demand on AutoTrader.com.

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Operations•by Staff•June 22, 2006

FLD Names Conn Chief Operating Officer

DELRAY BEACH, FL - Laurie Conn has been named chief operating officer for FLD, Inc., a national vehicle remarketing company.

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