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Operations•by Staff•March 10, 2005

Cable Crane Receives Record Bid at Manheim Sale in England

ATLANTA – Manheim Auctions Leeds (England) completed the sale of an eight-wheel cable crane for a record £266,000 ($510,000), the highest price Manheim has ever received for an individual item in its 60-year history.

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Operations•by Staff•March 10, 2005

Graham Named Director of Vehicle Remarketing for ARI

MT. LAUREL, NJ - Automotive Resources International (ARI), announced on March 2 the promotion of Bob Graham to director of vehicle remarketing.

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Operations•by Staff•March 10, 2005

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

CARMEL, IN and ATLANTA – Average auction prices in February, according to ADESA Analytical Services' monthly analysis of wholesale used vehicle prices by vehicle model class, were up 5.2 percent from year-ago levels. Average prices were up 1 percent compared to January.

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Operations•by Staff•March 3, 2005

NADAguides.com Extends Partnership Agreement with Jumpstart Digital Marketing

SAN FRANCISCO – Citing unparalleled industry expertise and a four-year increase in online ad sales from under $10,000 to more than $2 million, NADAguides.com has extended its agreement with Jumpstart Digital Marketing, Inc., an interactive media sales, marketing and technology company specializing in maximizing automotive advertising revenue for web publishers.

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Operations•by Staff•March 3, 2005

Autobytel Integrates Kelley Blue Book's Used Vehicle Values Into Consumer Sites

IRVINE, CA – Autobytel Inc., an online automotive car buying and research destination, has kicked off a strategic relationship with Kelley Blue Book, a resource for automotive pricing and information, to feature Kelley Blue Book's used-vehicle values on its consumer-facing Web sites – Autobytel.com, Autoweb.com, Carsmart.com, Car.com, AICAutoSite.com, and AutoSite.com.

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Operations•by Staff•March 3, 2005

Manheim Offers its Breadth to Power Sport Dealers

ATLANTA – Dealers of boats, RVs, motorcycles, snowmobiles, and other power sport vehicles will be able to attend regularly scheduled sales at 15 Manheim auctions across the country.

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Operations•by Staff•March 3, 2005

NAAA President Announces New Benchmarking Standards Task Force Pro-Active Initiatives

LAS VEGAS – Jim DesRochers, president of the National Auto Auction Association (NAAA), announced at the Conference of Automotive Remarketing (CAR), the creation of a new NAAA Task Force on Benchmarking Standards.

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Operations•by Staff•March 3, 2005

More Than 50 Remarketing Experts Offer Industry Insight to Record Number of Attendees at CAR 2005

LAS VEGAS – From benchmarking and standardization to E-titling and forecasting residual values, the 10th annual Conference of Automotive Remarketing (CAR) presented a wide-ranging update on key industry developments, market trends, technologies, and best practices.

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Operations•by Staff•March 3, 2005

Insurance Auto Auctions and Kelso & Co. Sign Definitive Merger Agreement

WESTCHESTER, IL -- Insurance Auto Auctions Inc. (IAAI), a nationwide provider of remarketing services for salvage, repossessed, do-not-repair and slightly damaged vehicles, announced last week that is has signed a definitive agreement to be acquired by private equity-investment firm Kelso & Co. for $385 million.

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Operations•by Staff•March 3, 2005

Kelley Blue Book Relocates Headquarters

IRVINE, CA – As of Feb. 24, Kelley Blue Book has relocated its headquarters to a larger office.

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