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Operationsby StaffFebruary 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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Operationsby StaffFebruary 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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Operationsby StaffFebruary 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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Operationsby StaffFebruary 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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Operationsby StaffFebruary 10, 2005

AutoTrader.com's Traffic Hits All-Time High

ATLANTA – AutoTrader.com saw traffic numbers increase in January after continued month-over-month growth.

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Operationsby StaffFebruary 3, 2005

Expanded Services are Key Focus for Manheim

ATLANTA – Manheim is launching a new marketing and advertising campaign designed to capture the growing scope of services it now offer, the remarketing company has announced.

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Operationsby StaffFebruary 3, 2005

AutoTrader.com Launches New Power Search

ATLANTA – AutoTrader.com has launched Power Search, a new consumer search tool. Placed prominently on AutoTrader.com's homepage, the search gives visitors a more flexible way to find a car on the site.

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Operationsby StaffFebruary 3, 2005

Used Auto Sales to Continue Modest Climb in 2005, Reports NADA Chief Economist

NEW ORLEANS – Speaking at the National Automobile Dealers Association's (NADA) 88th Annual Convention & Exposition in New Orleans, NADA Chief Economist Paul Taylor said that used-car sales at franchised new-car dealerships, along with new-car sales, will continue to receive increased attention this year, as employment gains help used car sales.

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Operationsby StaffFebruary 3, 2005

Maguire Named Manheim's “Automotive Woman of the Year”

ATLANTA – Manheim's first annual Automotive Woman of the Year Award was presented to Marcy H. Maguire, president of Maguire Automotive Group in East Windsor, N.J.

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Operationsby StaffFebruary 3, 2005

Carfax Buys Back First Car under Its Buyback Guarantee

NEW ORLEANS – Carfax, a provider of vehicle history information, will buy back its first vehicle under the Carfax Buyback Guarantee program.

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