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Operationsby StaffDecember 9, 2004

Manheim and ADESA Post Current Used-Vehicle Market Conditions and Outlook

ATLANTA and CARMEL, IN – Average auction prices in November, according to ADESA Analytical Services´ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class were up 2.8 percent from year-ago levels, marking the eighth increase in the last nine months (following a modest decline in October).

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Operationsby StaffDecember 9, 2004

Edmunds.com Reports True Cost of Incentives

SANTA MONICA, CA – Edmunds.com has reported that the average manufacturer automotive incentive in the United States was $2,395 per vehicle sold in November 2004, up $9, or 0.4 percent, from November 2003, and down $260, or 9.8 percent, from October 2004.

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Operationsby StaffDecember 9, 2004

Connelly of Nissan North America to be Featured as CAR Keynote

TORRANCE, CA – Jed Connelly, senior vice president, sales and marketing at Nissan North America Inc. (NNA) will be the keynote speaker at the 2005 Conference of Automotive Remarketing (CAR), to be held Feb. 16-18, at the Mandalay Bay Resort and Casino in Las Vegas.

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Operationsby StaffDecember 9, 2004

AutoMart Joins Forces with Carfax

FAIRFAX, VA – AutoMart.com, an automotive Web site featuring used-car listings exclusively from dealers, has partnered with vehicle history provider Carfax.

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Operationsby StaffDecember 9, 2004

IARA Roundtable to Explore Industry Performance-Improving Issues

MT. ARLINGTON, NJ – Vehicle grading scales and performance benchmarking discussions will highlight the next International Automotive Remarketers Alliance (IARA) Roundtable, scheduled Feb. 16 at the Mandalay Bay Resort and casino in Las Vegas.

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Operationsby StaffDecember 9, 2004

CarMax Reports Record Third Quarter Sales and Announces Fiscal 2006 Store Opening Plan

RICHMOND, VA – CarMax, Inc. has reported record sales for the third quarter ended November 30.

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Operationsby StaffDecember 9, 2004

AutoTrader.com and Ant Farm Partner on Interactive Advertising

ATLANTA – AutoTrader.com has partnered with Ant Farm Interactive, a full-service interactive marketing firm, on all interactive marketing communications programs.

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Operationsby StaffDecember 9, 2004

ABC Opens Dedicated PowerSports Facility

INDIANAPOLIS – Auction Broadcasting Company (ABC) opened its newly dedicated PowerSports facility, located at 3111 South Post Road, on the grounds of ABC Indianapolis.

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Operationsby StaffDecember 9, 2004

Nominations Now Open for Fleet Financials Fifth Annual Fleet Executive of the Year Award

TORRANCE, CA - Fleet Financials magazine announced on November 24 that this year´s Fleet Executive of the Year Awards Banquet, to be held Sun. April 10, in Dallas/Ft. Worth, will honor exceptional leadership displayed by senior executives who have made significant contributions to fleet vehicle management.

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Operationsby StaffDecember 9, 2004

Nominations Now Open for Automotive Fleet´s 21st Annual Fleet Manager of the Year Award

TORRANCE, CA – This year acutes AF Fleet Manager of the Year Awards Banquet, to be held Sun. April 10, in Dallas/Ft. Worth, will honor an experienced and proficient fleet manager who has demonstrated special business acumen in developing and executing key management policies in all areas.

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