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Operationsby StaffJune 9, 2005

CarMax Foundation Awards $100,000 Grant to National Program to Promote Child Booster Seat Safety

RICHMOND, VA – CarMax, Inc., a retailer of used cars, announced that the CarMax Foundation has awarded the National Healthy Mothers, Healthy Babies Coalition (HMHB) a $100,000 grant for its National Partnership on Booster Seat Safety program.

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Operationsby StaffJune 9, 2005

ABC Atlanta Adds New Lanes & Assistant GM

ATLANTA – ABC Atlanta has added an assistant general manager and two lanes. ABC Atlanta, formerly Red Top Auto Auction until last September, has experienced exponential growth in the last six months.

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Operationsby StaffJune 9, 2005

Auction Prices Up as Used-Vehicle Market Falls at ADESA and Manheim

CARMEL, IN and ATLANTA – Average auction prices in May, according to ADESA Analytical Services' monthly analysis of wholesale used-vehicle prices by vehicle model class, were up 4.5 percent from year-ago levels.

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Operationsby StaffJune 2, 2005

DealerTrack Acquires Automotive Lease Guide

LAKE SUCCESS, NY – DealerTrack Holdings announced on May 27 that it has acquired Automotive Lease Guide.

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Operationsby StaffJune 2, 2005

NIADA Adds DoALease.com to its Member Benefit Provider Program

CINCINNATI – The National Independent Automobile Dealers Association (NIADA) has added DoALease.com to its Member Benefit Program. Formed in 1946 to represent independent automobile dealers, NIADA offers informational services and benefits for its 19,000-plus member dealers.

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Operationsby StaffJune 2, 2005

Insurance Auto Auctions Announces Acquisition in Altoona, Pa.

WESTCHESTER, IL – Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, announced the acquisition of Insurance Recovery Center, Inc., located just outside Altoona, Pa.

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Operationsby StaffJune 2, 2005

Latest Schedule for IARA Summer Roundtable 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.

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Operationsby StaffMay 26, 2005

CenterOne Acquires MarketWise Solutions

DEERFIELD BEACH, FL – CenterOne Financial Services, a subsidiary of World Omni Financial Corp., has acquired MarketWise Solutions, Inc., an automotive remarketing services company.

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Operationsby StaffMay 26, 2005

Fowler Joins Vehicle Inspection Services

ALPHARETTA, GA – Don Fowler has been named executive director, business development for Vehicle Inspection Services (VIS), a full-service vehicle inspection company, headquartered in Alpharetta.

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Operationsby StaffMay 26, 2005

CarMax Lowers Comparable Store Used Unit Growth Expectations

RICHMOND, VA – CarMax has revised expectations for the first quarter ended May 31, 2005.

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