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Operationsby StaffSeptember 21, 2005

GE Fleet Services to Report Fleet Cars Damaged in Gulf States to Carfax for Vehicle History Reports

FAIRFAX, VA - Carfax recently announced GE Fleet Services will help the company identify vehicles destroyed by floodwaters following Hurricane Katrina. GE Fleet Services will provide a list of vehicle identification numbers (VINs) for GE managed fleet vehicles damaged in storm-ravaged areas of the Gulf States.

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Operationsby StaffSeptember 21, 2005

Largest-Ever Total Resource Auctions Sale Held in Boston

ATLANTA – Manheim's Total Resource Auctions held the largest rental salvage and damaged vehicle sale in its history Sept. 15. Approximately 200 buyers participated in the two-lane sale at American Auto Auction in Boston, bidding on more than 425 salvage and inoperable vehicles from commercial and dealer consignors, including Hertz, Enterprise and Cendant Car Rental Group.

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Operationsby StaffSeptember 21, 2005

ADESA: Hurricane Katrina, High Gasoline Prices, & Employee Discount Programs Soften Wholesale Used-Vehicle Sales Prices

CARMEL – The run-up in gas prices and economic uncertainty in the aftermath of Hurricane Katrina were among the factors sustaining the softness in wholesale used-vehicle sales prices already triggered by the summer's new-vehicle employee discount programs.

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Operationsby StaffSeptember 14, 2005

ABC Atlanta, Detroit/Toledo, and Murfreesboro Open Remodeled Facilities

INDIANAPOLIS – Auction Broadcasting Co. (ABC) Atlanta has seen an increase in dealer sales and client base due to the opening of two additional lanes. The auction can now accommodate its growing fleet/lease clients.

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Operationsby StaffSeptember 14, 2005

Network Remarketing & Technologies Partners with

SCOTTSDALE, AZ – Network Remarketing and Technologies, LLC (NRT) has formed a partnership with Credit Acceptance that will enable Credit Acceptance to offer select inventory to their nationwide network of dealer-partners.

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Operationsby StaffSeptember 14, 2005

Plaza Auto Auction Retains TPC Management Co. for Strategic Consulting

MT. VERNON, IOWA – Plaza Auto Auction, in Mt. Vernon, has retained TPC Management Co. for strategic consulting in national account - fleet/lease business development.

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Operationsby StaffSeptember 14, 2005

LeasePlan Updates reDrive Program

ALPHARETTA, GA - LeasePlan has released updates within reDrive, a completely automated online employee resale program powered by Driveitaway. Updates include comparative pricing and cross-company sales enhancements.

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Operationsby StaffSeptember 14, 2005

Statesville Auto Auction to Join Total Resource Auctions

ATLANTA – Manheim's Statesville Auto Auction in Statesville, N.C., has been added to the Total Resource Auctions network of wholesale salvage auctions. The auction will conduct its Total Resource Auctions salvage sales every Tuesday in addition to its regular sale.

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Operationsby StaffSeptember 14, 2005

Credit Unions Earning Up to 107% of Retail Value for Repos with TitleAuctions Remarketing Tools

PORTLAND, OR — Credit union clients are realizing prices up to 107 percent of retail value when using CUAuctions.com for remarketing repossessions, reported TitleAuctions, Inc.

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Operationsby StaffSeptember 14, 2005

Insurance Auto Auctions Fully Operational in the Wake of Hurricane Katrina

WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA) has reported that its facilities in the Gulf states escaped serious damage and avoided the flood waters that destroyed much of the surrounding area. Current inventories also avoided significant damage in the wake of the devastation caused by Hurricane Katrina.

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