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Operationsby StaffMarch 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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Operationsby StaffMarch 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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Operationsby StaffMarch 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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Operationsby StaffMarch 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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Operationsby StaffMarch 3, 2005

Wheels, Inc. Joins Panel Discussion at IARA Roundtable

DES PLAINES, IL - Wheels, Inc. spotlighted the critical role of business partnerships in a panel discussion at the International Automotive Remarketers Alliance's (IARA) spring Remarketing Roundtable on "Creating Partnerships" on February 16.

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Operationsby StaffMarch 3, 2005

ARI Adds Onlane's ‘Direct To Dealer' Platform To Speed Client Resales

MT. LAUREL, NJ – Automotive Resources International (ARI) announced on February 22 the expansion of its already-broad array of vehicle remarketing channels with Onlane by introducing the “Direct to Dealer” online remarketing system.

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Operationsby StaffMarch 3, 2005

Market Scan Information Systems Joins Forces with Carfax

WESTLAKE VILLAGE, CA – Market Scan Information Systems revealed a new enhancement for its inventory management software – Carfax Vehicle History Reports.

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Operationsby StaffMarch 3, 2005

Baltimore-Washington Auto Exchange To Celebrate Grand Opening

ATLANTA – Manheim recently announced the upcoming grand opening of the new Baltimore-Washington Auto Exchange (BWAE) in Elkridge, Md.

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Operationsby StaffFebruary 24, 2005

Hockett Receives Circle of Excellence Award

LAS VEGAS – Mike Hockett, CEO of Auction Broadcasting Company (ABC) received the Circle of Excellence Award last weekend at the International Automotive Remarketers Alliance's (IARA) Roundtable Series Conference at the Mandalay Bay Hotel and Casino in Las Vegas.

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Operationsby StaffFebruary 24, 2005

NAAA Announces Status on Benchmarking Standards

LAS VEGAS – The National Auto Auction Association (NAAA) has formed a task force to study auction industry standards and how arbitration, vehicle grading, and benchmarking affect traditional auctions, the NAAA announced last week at the Conference of Automotive Remarketing at the Mandalay Bay Hotel and Casino in Las Vegas.

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