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Operations•by Staff•July 14, 2005

GM Certified Used Vehicles Offers 2.9% APR Financing Rate Incentive on Chevrolet TrailBlazer and GMC Envoy SUVs

DETROIT – GM Certified Used Vehicles announced a nationwide summer rate incentive program to increase consumer interest, generate traffic to GM Certified dealerships, and drive sales.

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Operations•by Staff•July 14, 2005

Resale Values Improve but are Still Below 2001 Levels

SPARKS, MD – A decline in the number of late-model used vehicles in the wholesale market has helped to increase prices for out-of-service fleet vehicles. “Decreased supply and stable demand have helped to bolster used-vehicle prices,” said Bill Cieslak, VP, Vehicle Operations for PHH Arval in Sparks.

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Operations•by Staff•July 7, 2005

ARI Honors its Regional and Independent Auctions

MT. LAUREL, NJ – ARI recently hosted a dinner to honor its regional auctions of the year for 2004. ARI presented six regional awards to its top auctions and one national award to the top independent dealer.

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Operations•by Staff•July 7, 2005

Carolina Auction Establishes RV Department

ANDERSON, SC – Carolina Auto Auction has announced the addition of recreational vehicles to its regular sale lineup, according to owner Henry Stanley. Focusing on the recreational vehicle market, the auction will offer motor homes, motorcycles, ATVs, and boats at the auction.

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Operations•by Staff•July 7, 2005

Tri-State Auction, Fargo Hosts Recon Training Seminar

WEST FARGO, ND - Tri-State Auto Auction, Fargo, held an Auto Magic Reconditioning Seminar recently at the auction facility in West Fargo.

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Operations•by Staff•July 7, 2005

Manheim and CU Direct Corp. Announce First-Ever Credit Union Remarketing Conference

ATLANTA – CU Direct Corp. and Manheim will organize the first-ever Credit Union Remarketing Conference this fall, it was announced recently at CU Direct's seventh annual Auto Lending Symposium in Las Vegas.

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Operations•by Staff•July 7, 2005

ADESA Acquires Independently Owned Salvage Auction

CARMEL, IN - ADESA, Inc. has acquired an independently owned salvage auction serving Charlotte and western North Carolina. The acquisition expands the nationwide footprint of ADESA Impact, the company's total loss vehicle auction business.

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Operations•by Staff•July 6, 2005

AFLA Announces Agenda for 2005 Conference with Emphasis on Remarketing

ST PAUL, MN — The Automotive Fleet & Leasing Association (AFLA) will hold its 2005 Annual Meeting & Conference Sept. 7-9, 2005, at the Marriott Camelback Resort, in Scottsdale, Ariz.

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Operations•by Staff•July 6, 2005

ADESA Partners With Escrow.com to Provide Inspection Services to Online Vehicle Purchasers

CARMEL, IN — AutoVIN, a subsidiary of ADESA, Inc., has partnered with www.Escrow.com/ to provide vehicle inspections for potential online purchases of used cars and trucks.

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Operations•by Staff•July 6, 2005

CarMax Doubles Vehicle Transfer Sales in Two Years

RICHMOND, VA – CarMax, Inc. has doubled the number of used-vehicle transfer sales over the past two years, the company reported.

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