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Operations•by Staff•March 1, 2006

Fleet Remarketing Symposium to be Held in September

ATLANTA - The Atlanta chapter of the National Association of Fleet Administrators (NAFA) and Manheim will hold a remarketing symposium at the Manheim DRIVE Center in Atlanta Sept. 21-22.

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Operations•by Staff•February 23, 2006

Truck Repossessions High Again in Q4, Reports Nassau Asset Management

WESTBURY, N.Y. – Repossessions and liquidations of tractor-trailer trucks nationwide increased again in fourth quarter, according to Nassau Asset Management. Nassau's NasTrac Quarterly Index (NQI) reveals trends in equipment repossessions and orderly liquidations based upon the company's own internal activity in a given quarter compared to the same quarter the previous year.

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Operations•by Staff•February 23, 2006

NAAA Hurricane Relief Funds Are Distributed

FREDERICK, MD – During the past four months, a National Auto Auction Association (NAAA) team consisting of Tom Caruso, NAAA president; Gregg Kobel, NAAA president rlect; John Rea, NAAA vice president; Jim DesRochers, chairman of the Board; and Frank Hackett, NAAA executive director discerned over applications of 93 families in need of assistance after the 2005 Gulf Coast hurricane devastations. To date, $170,000 has been distributed to those families.

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Operations•by Staff•February 23, 2006

Young Named Group VP of Manheim's Fixed Operations Business

ATLANTA – Manheim recently named David Young, a 30-year veteran of the automotive industry, to the newly created position of group vice president of fixed operations businesses, overseeing all of Manheim's reconditioning and vehicle repair services, in addition to its conversion service and the company's new Total Resource Auctions (TRA) division.

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Operations•by Staff•February 23, 2006

Carp Named Assistant General Manager at ADESA Atlanta

CARMEL, IN – ADESA Corp. has named David Carp its new assistant general manager at ADESA Atlanta effective immediately.

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Operations•by Staff•February 23, 2006

Vote for Consignor of the Year; Award to be Presented at CAR 2006

TORRANCE, CA – Bobit Business Media and Vehicle Remarketing Magazine will present a first-ever annual award for Consignor of the Year at the Conference of Automotive Remarketing (CAR 2006) on March 9 at Caesars Palace in Las Vegas.

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Operations•by Staff•February 22, 2006

Chrysler and Dodge Minivans Tout High Residual Values

DETROIT — The Automotive Leasing Guide released its residual value numbers in January 2006 showing the Chrysler Town & Country's high average residual value, with the Touring model holding 47 percent of its residual value.

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Operations•by Staff•February 22, 2006

Carolina Ranks No. 1 with RSA

ANDERSON, S.C. – Remarketing Services of America (RSA) recently recognized Carolina Auto Auction as its Top Performing Auction for 2005.

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Operations•by Staff•February 22, 2006

McIlroy Named General Manager of ADESA San Diego

CARMEL, IN — ADESA Corp., a subsidiary of ADESA, Inc. has named Dale McIlroy its new general manager at ADESA San Diego effective immediately. McIlroy replaces Kurt Madvig, who recently assumed a new role with ADESA, Inc. as director of operational improvement.

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Operations•by Staff•February 22, 2006

AutoTrader.com Launches Interactive, Online Training for Automotive Dealers

ATLANTA – AutoTrader.com has launched Advertising Essentials, a free interactive educational site for automotive dealers available online at http://advertisingessentials.autotrader.com/.

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