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Operationsby StaffApril 14, 2005

aaXchange Dealers Implement New Pricing Technology as Source of Best Car Deals

DALLAS, TEXAS – American Auto Exchange (aaXchange) has created real-time inventory management technology providing customers the best trade in values.

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Operationsby StaffApril 14, 2005

Auction Management Solutions and Insurance Auto Auctions Announce Patent of Online Bidding Technology

WESTCHESTER, IL – Auction Management Solutions, Inc. (AMS) and Insurance Auto Auctions, Inc. (IAA) have announced that AMS has been granted a United States patent for its OnLine Ringman technology.

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Operationsby StaffApril 14, 2005

Manheim and ADESA's Current Used-Vehicle Market Conditions and Outlook

ATLANTA and CARMEL, IN – Average auction prices in March, according to ADESA Analytical Services' monthly analysis of wholesale used vehicle prices by vehicle model class, were up 3.8 percent from year-ago levels. Average prices were up 3.0 percent compared to February.

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Operationsby StaffApril 7, 2005

President of Auction Broadcasting Co. (ABC) Resigns

INDIANAPOLIS, IN - Trent Knox, president of Auction Broadcasting Company, resigned his position and will be relocating to his homeland of Australia. According to ABC, Knox will continue on for several months at ABC to assist in the transition.

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Operationsby StaffApril 7, 2005

The SKI Group Launches "The Most Trusted Names in Independent Auctions" Brand Phrase

INDIANAPOLIS – The SKI Group (S.K.I.) announced its first marketing initiative leveraging the valuable information contained in the National Auctioneers Association's recently commissioned auction-industry survey conducted by Harris Interactive and MORPACE International.

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Operationsby StaffApril 7, 2005

Carfax Introduces New Report Package

FAIRFAX, VA – Carfax has introduced a comprehensive information package that integrates the benefits of Carfax Vehicle History Reports into a dealer's sales process. In addition to each Carfax Vehicle History Report, subscribing dealers opt to receive four additional reports that make up the Carfax Consumer Info Pack:

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Operationsby StaffApril 7, 2005

Scottsdale, Ariz. Works to Keep Car Auction

SCOTTSDALE, AZ – Craig Jackson has told WestWorld of Scottsdale to keep its doors open for his auto auction through 2008, but he is still negotiating with Glendale to find a permanent home for the event.

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Operationsby StaffApril 7, 2005

CarMax Announces Five Stores Open in Los Angeles

RICHMOND, VA – CarMax, Inc., a retailer of used cars, has announced its growth in California. With the recent opening of its locations in Irvine and Ontario, CarMax now has five stores in the Los Angeles market. CarMax also has a store in the Sacramento market, which opened in 2002.

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Operationsby StaffApril 7, 2005

NAFRD to Host its 21st Annual Conference in Palm Desert

SMYRNA, TN — The National Association of Fleet Resale Dealers (NAFRD) will host its 21st Annual Conference at the JW Marriott Desert Springs Resort & Spa in Palm Desert, Calif., Oct. 6-9. Featured events include roundtable discussions, networking opportunities, and golf.

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Operationsby StaffApril 7, 2005

Bank of America Acquires Billion Dollar Auto Loan Portfolio

CHARLOTTE, NC – Bank of America has signed an agreement to purchase financial services provider, KeyCorp's, prime indirect automobile loan portfolio, consisting of $990 million and 89,000 customers, according to Datamonitor.

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