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Operations•by Staff•January 8, 2004

ADESA Names Cameron Hitchcock Chief Financial Officer

ALLETE, Inc., announced that Cameron Hitchcock has been named chief financial officer of Indianapolis-based ADESA, which ALLETE intends to spin-off into a publicly traded company by mid-2004.

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Operations•by Staff•January 8, 2004

Auction Pioneer Mike Richardson to be Recognized with IARA Circle of Excellence Award

The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.

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Operations•by Staff•January 8, 2004

Online Auto Sales Predicted to Continue Rising

Jupiter Research predicts that more than a third of all new car sales will be "Internet-generated" by 2008, saying more and more people will make their buying decisions because of information they've turned up online, whether the actual purchase takes place online or off.

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Operations•by Staff•January 8, 2004

IARA Announces Agenda for 2004 Remarketing Roundtable in Las Vegas

The 2004 IARA Remarketing Roundtable Series, designed to address the needs and priorities of vehicle remarketers, is slated to kick off January 21, immediately prior to the 2004 Conference of Automotive Remarketing (CAR), at the Mandalay Bay Hotel and Casino in Las Vegas.

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Operations•by Staff•December 31, 2003

New N.M. Law to Help Protect Consumers from Problem Cars

A new lemon law in New Mexico will help protect consumers who buy used cars. The law, which takes effect New Year’s Day, will force dealers to help pay for some repairs.

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Operations•by Staff•December 31, 2003

IARA to Recognize Auction Pioneer Mike Richardson with Circle of Excellence Award

The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.

Read More →
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Operations•by Staff•December 31, 2003

Study Reveals Private Party Used Cars Sold Online Rife With Costly Problems

A national study conducted by CNW Marketing Research, Inc., in November of more than 38,200 online used-car buyers showed nearly 13 percent of those who purchased from a private party said the condition of the vehicle was significantly worse than advertised.

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Operations•by Staff•December 31, 2003

Conference of Automotive Remarketing (CAR) 2004 Gives Remarketers a Chance to Win Dream Vacations in the New Year

Remarketers who attend CAR at the Mandalay Bay Resort in Las Vegas on January 21-23 will have the opportunity to win a fabulous Oceania Cruise to an exotic destination of their choice.

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Operations•by Staff•December 31, 2003

CarMax to Add 12 Used-Car Stores

CarMax plans to open a dozen used-car superstores over the next 14 months, according to Automotive News.

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Operations•by Staff•December 23, 2003

IARA to Recognize Auction Pioneer Mike Richardson with Circle of Excellence Award

The International Automotive Remarketers Alliance (IARA) will present its 2004 Circle of Excellence award to Mike Richardson, the retired CEO and president of the former ADT Automotive auction chain, which was broken up and sold to Manheim and ADESA in 2000.

Read More →