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Operationsby StaffSeptember 14, 2005

LeasePlan USA Reports 80% Increase in Number of Online Buyers Through Manheim Simulcast Sales

ALPHARETTA, GA - LeasePlan utilizes online auction services – such as Manheim Simulcast and ADESA LiveBlock – to maximize the number bids and resale price for each vehicle sold.

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Operationsby StaffSeptember 14, 2005

AutoTrader.com Forms New Strategic Partnership with NADAguides.com

ATLANTA – AutoTrader.com and NADAguides.com, a vehicle information Web site, have formed strategic partnership. AutoTrader.com will exclusively power vehicle listings on both the New Car Center and Used Car Center at NADAguides.com, and will provide the ability for visitors to list their cars for sale using AutoTrader.com's Sell Your Car feature.

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Operationsby StaffSeptember 14, 2005

Chrysler Group Reports Record Highs for August 2005 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS – Chrysler Group reported that its Five Star dealers sold a new August record of 9,024 units, a 19 percent increase over August 2004 sales of 7,589 units. Record year-to-date sales amounted to 71,996 units for 2005, an increase of 9 percent over year-to-date sales last year.

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Operationsby StaffSeptember 14, 2005

AuctionCities.com to Offer Auto History Reports, Financing and Insurance Referrals

VALENCIA, CA – AuctionCities.com, Inc., has completed portfolio of new services designed to build consumer confidence and streamline the process of buying automobiles through the AuctionCities.com Automotive Marketplace.

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Operationsby StaffSeptember 14, 2005

Louisiana's 1st Choice Auto Auction Survives Hurricane Katrina

HAMMOND, LA – Louisiana's 1st Choice Auto Auction, in Hammond, is fully operational in the aftermath of Hurricane Katrina and the ensuing situation in the Gulf Coast. The auction is located 45 minutes from New Orleans, and was on the Western edge of the storm.

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Operationsby StaffSeptember 14, 2005

IARA Endorses Adoption of NAAA Vehicle Grading Scale

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) announced that the Alliance has endorsed the adoption of the NAAA Vehicle Grading Scale. The scale ranks used vehicle conditions from a scale of 0 to 5; with five meaning the vehicle is in excellent condition and zero meaning salvage, inoperable.

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Operationsby StaffSeptember 7, 2005

Manheim Establishes Hurricane Helpline for Employees

ATLANTA – Manheim has established a toll-free helpline for its employees in Florida, Louisiana, and Mississippi who have been impacted by Hurricane Katrina.

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Operationsby StaffSeptember 7, 2005

NAFRD Past Presidents Set Sights for 2006 and Beyond

SMYRNA, TN - With a nod to the past and renewed vision for the future, current and former leaders of the National Association of Fleet Resale Dealers (NAFRD) recently met in Las Vegas to set a fresh course.

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Operationsby StaffSeptember 7, 2005

July Index Shows Third Consecutive Falling Month

ATLANTA – As employee-pricing programs for new vehicles spread in July, so, too, did the weakness in used-vehicle values. The Manheim Used Vehicle Value Index, which measures wholesale prices on a mix, mileage and seasonally adjusted basis, fell in July for the third consecutive month and at a faster rate than in either May or June.

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Operationsby StaffSeptember 7, 2005

DriveTime Used-Car Dealership Donates $100,000 to Help Hurricane Katrina Victims

PHOENIX – DriveTime, a used-car sales and finance company, made a $100,000 donation to the American Red Cross in Phoenix to help the millions of people affected by Hurricane Katrina in Louisiana, Mississippi, and Alabama.

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