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Operations•by Staff•June 27, 2005

Auction Broadcasting Co. to Launch New Internet Sales System

INDIANAPOLIS - Auction Broadcasting Co. LLC is currently testing a new Internet system, called SmartLaunch, for remarketers to help sell used vehicles to franchised dealerships. The company plans to introduce the system nationally in August.

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Operations•by Staff•June 23, 2005

Remarketing Solutions Launches New Version of Recovery Remarketing Portfolio Manager Web Site

NASHVILLE, TN – Manheim's Remarketing Solutions' (RS) launch of its revamped Remarketing Portfolio Manager (RPM) Web-based application is now available to all recovery, title, and remarketing clients.

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Operations•by Staff•June 23, 2005

Carolina Auto Auction Opens New Reconditioning Facility

ANDERSON, SC – Henry and Patty Stanley, owners of Carolina Auto Auction, Inc., announced the opening of the auction's new reconditioning facility. The $2 million facility is capable of generating more than 300 fully detailed vehicles a day.

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Operations•by Staff•June 23, 2005

Beggs to Moderate Vehicle Values Roundtable at IARA Summer Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) will hold its 2005 Remarketing Summer Roundtable conference July 27-29, 2005, at the Embassy Suites Hotel Centennial Olympic Park in Atlanta and the Manheim DRIVE Center.

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Operations•by Staff•June 23, 2005

Recovery Solution Agent Association Conference Attracts Record Turnout

NASHVILLE, TN – Remarketing Solutions' (RS) annual Recovery Solution Agent Association (RSAA) Conference in Nashville, held May 18-21, provided an opportunity for RS staff, agents, and clients to interact and discuss industry trends and developments.

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Operations•by Staff•June 23, 2005

Credit Union Remarketing Services to Provide Free Repo Services to Clients

ALTADENA, CA – Credit Union Remarketing Services (CURS) has contracted with a national repossession company to provide repossession services free of charge to participating CURS clients.

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Operations•by Staff•June 23, 2005

DAA Northwest Holds Motorsports and RV Auction

SPOKANE, WA – DAA Northwest held its inaugural Motorsports and RV Sale, featuring motorcycles, jet skis, boats, travel trailers, and motor homes.

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Operations•by Staff•June 23, 2005

Gelt Returns to Celebrate State Line Auto Auction's 15th Anniversary

WAVERLY, NY – Last month, former auto auction owner, Sam Gelt, joined Jeff Barber and his staff in Waverly as State Line Auto Auction celebrated 15 years as a General Motors-sponsored auction.

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Operations•by Staff•June 23, 2005

Greater Quad City Auto Auction Wins Ford 2004 Auction Quality Award

MILAN, IL – The Greater Quad City Auction, in Milan, has been recognized as one of the nation's highest-rated Ford-sponsored auction facilities by demonstrating excellence in vehicle remarketing, facility environment, and administrative services.

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Operations•by Staff•June 23, 2005

Chrysler Group Reports May 2005 Certified Pre-Owned Vehicle Sales

AUBURN HILLS, MI – Chrysler Group reported sales of its Certified Pre-Owned Vehicles (CPOV) for May 2005 of 7,961 units, a decrease of 6 percent from May 2004 sales of 8,466 units.

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