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Operationsby StaffAugust 11, 2005

Auto Industry Spent Record $5.3 Billion in July, Reports Edmunds.com

SANTA MONICA, CA – Edmunds.com reported that the average manufacturer automotive incentive in the United States was $2,981 per vehicle sold in July 2005, up $96, or 3.3 percent, from July 2004, and up $136 or 4.8 percent from June 2005.

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Operationsby StaffAugust 11, 2005

RSA Unit of Fiserv Joins With Onlane

AMHERST, NY – Onlane Inc. has announced that Remarketing Services of America Inc. (RSA), a business unit of the Lending Solutions Group of Fiserv, Inc., is joining with the firm to expand its upstream and Internet remarketing programs.

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Operationsby StaffAugust 4, 2005

Broe Named Manheim Chief Financial Officer

ATLANTA – Mike Broe, formerly senior vice president of new business ventures at Manheim, has been promoted to senior vice president and chief financial officer.

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Operationsby StaffAugust 4, 2005

Nix Promoted to Vice President of Corporate Development at Grand Rapids Auto Auction

GRAND RAPIDS, MI – Mark Capel, owner of Grand Rapids Auto Auction announces the promotion of Chuck Nix from general manager to vice president of corporate development.

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Operationsby StaffAugust 4, 2005

Metro of Manheim's Florida Auto Auction Joins IARA

ORLANDO, FL – Joe Metro, national accounts dealer sales manager of Manheim's Florida Auto Auction in Orlando, has joined the International Automotive Remarketers Alliance (IARA).

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Operationsby StaffAugust 4, 2005

Manheim Launches Salvage Subsidiary

ATLANTA – Manheim announced that it has created a new salvage subsidiary called Total Resource Auctions.

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Operationsby StaffAugust 4, 2005

IARA Roundtable Draws Crowd to Atlanta

ATLANTA - Drawing the highest attendance in the history of its mid-year conferences, the International Automotive Remarketers Alliance (IARA) 2005 Summer Roundtable featured discussion sessions, panel presentations, and a tour of the Manheim's high-tech DRIVE center.

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Operationsby StaffAugust 3, 2005

Hallett Joins Columbus Fair Auto Auction

COLUMBUS, OHIO – Alexis Jacobs, owner and chief executive officer of the Columbus Fair Auto Auction announced the appointment of James P. Hallett as president of the auction. Hallett will be responsible for overseeing the day-to-day sales and operations.

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Operationsby StaffAugust 3, 2005

AutoTrader.com Promotes Dave Amundsen to Vice President of Finance

ATLANTA – AutoTrader.com has appointed Dave Amundsen to vice president of finance. In his new role, Amundsen will oversee the groups responsible for financial planning and analysis and will continue to oversee the groups he was responsible for in his previous position at AutoTrader.com as controller – billing, collections, accounting and financial reporting.

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Operationsby StaffAugust 3, 2005

Internet Technology Attracts Carriage Trade Public Auto Auction to OnLine Ringman

TAMPA, FL – Carriage Trade Public Auto Auction of Conshohocken, Pa., has selected Auction Management Solution's patented OnLine Ringman application to provide Internet bidding.

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