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Operations•by Staff•February 16, 2005

Dealers at Charleston Auto Auction Eye $1 Million Sweepstakes

CHARLESTON, SC – Charleston Auto Auction celebrates its fourth anniversary with a $1 Million Sweepstakes.

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Operations•by Staff•February 16, 2005

Hockett to Receive IARA Circle of Excellence Award

LAS VEGAS – Mike Hockett, CEO of Auction Broadcasting Company (ABC) will be presented with the Circle of Excellence Award this 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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Operations•by Staff•February 16, 2005

GE Commercial Finance Fleet Services Launches Vehicle Replacement Product

EDEN PRAIRIE, MN – GE Commercial Finance Fleet Services has introduced Time2Sell, a Web-based vehicle replacement product that can deliver significant savings to fleet customers.

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Operations•by Staff•February 10, 2005

Eisner to be Featured as CAR 2005 Keynote

LAS VEGAS — The 10th Conference of Automotive Remarketing (CAR 2005) will be held Feb. 16-18 at the Mandalay Bay Resort and Casino in Las Vegas.

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Operations•by Staff•February 10, 2005

Emercent Remarketing Survey Reveals New Industry Trends

CHICAGO - Emercent Solutions, LLC, a provider of strategy and technology services to automotive finance companies, announced on February 2 it will be releasing its 2005 Emercent/IARA Remarketing Survey results in February at the Las Vegas Conference of Automotive Remarketing (CAR) in Las Vegas.

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Operations•by Staff•February 10, 2005

Resale Prices Up for Fifth Consecutive Month

ATLANTA and CARMEL, IN – Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased for the fifth consecutive month in January.

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Operations•by Staff•February 10, 2005

World Omni Financial Corp. Acquires Monetrics

DEERFIELD BEACH, FL – World Omni Financial Corp. (WOFC), one of the nation's largest automotive finance companies, has acquired Monetrics, an automated risk decisioning software and services company for the consumer finance industry.

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Operations•by Staff•February 10, 2005

New Remarketing Company Formed

WESTLAKE VILLAGE, CA - Pamela Pence, formerly of Western Fleet Remarketing, has teamed with RJ Foley of Foley Motorsports, to form First Choice Remarketing (FCR).

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Operations•by Staff•February 10, 2005

CarMax Raises 4th Quarter Comparable Store Sales Expectations

RICHMOND, VA – For the fourth quarter ending February 28, CarMax, Inc. says it raised comparable store used-unit sales growth expectations to a range of 7-9 percent and raised earnings per share expectations to a range of 23-25 cents.

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Operations•by Staff•February 10, 2005

ADESA Declares First Quarter 2005 Dividend

CARMEL, IN – ADESA, Inc. announced that the company's Board of Directors declared a 2005 first-quarter dividend of $0.075 per common share payable March 15, to shareholders of record as of February 22.

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