A management workshop panel composed of the automotive industry’s leading leasing consultant, lease residual forecast publisher, lease residual value insurance underwriter, and a major retail bank lessor will present an in-depth examination of the factors, market conditions, and industry practices that have contributed to the on-going losses-on-sale experienced by retail lessors in recent years at the annual Conference of Automotive Remarketing 2001 in Las Vegas on March 19th.

The assembled panel of industry experts on vehicle lease residual management will consist of Ron Loshin, Bank Lease Consultants; Raj Sundarim, Automotive Lease Guide (ALG); John Eckenrode, Lee & Mason; and William Jensen, Bank One Leasing.

The focus of the panel on the opening of day of CAR 2001 will be to explore, define, and identify the reasons why major banks and captives have been losing money on the resale of used vehicle coming off lease for the past seven years. The distinguished group will seek to structure solutions and strategies to one of the industry most critical problems.

About CAR 2001

The Sixth Annual Conference of Automotive Remarketing (CAR) will be held at the Las Vegas Hilton on March 19-21, 2001. The industry’s leading vehicle remarketing forum will also feature key executives from the manufacturers, remarketing companies, Internet sites, dealerships, service companies, banking institutions, and industry research and consulting firms including:

Dr. David Cole, U. of Michigan’s Office for the Study of Transportation

Mark Hogan, VP, eGM

Bob Maquire, incoming President of National Auto Dealers Association (NADA)

Stuart Angert, Co-CEO, Remarketing Services of America

Simon Rothman, Vice President, Ebaymotors.com

Tom Webb, Chief Economist, Manheim Auctions

Leslie Watson, Oil Industry Analyst, Purvin & Guertz

Chris DeNove, Senior Analyst, J.D. Power & Associates

Jonathan Gaw, Analyst, IDC Research

Don Himelfarb, President, Thrifty Rent A Car

Nick Stanutz, Executive Vice President, Huntington Bank

Kenny Osborn, President, National Auto Auction Association (NAAA)

Two intensive days of speakers, executive panels, and management workshops focused on current automotive industry issues and market trends will be presented at the annual conference sponsored and organized by Bobit Publishing Company and Automotive Information Networks, Inc.

Major industry speakers will brief the vehicle remarketing channel participants on the latest industry developments, issues, and emerging opportunities. Six management workshops on used vehicle remarketing systems and technology, off-lease vehicle remarketing, alternative remarketing channels, recruiting and training of industry management, and outsourcing of vehicle remarketing services, auction remarketing management, Internet applications and remarketing are scheduled for day one and two of the conference.

The attendance for CAR 2001 is expected to exceed the CAR 2000 registrations of 750 industry and remarketing executives.

More than 50 industry companies will participate in the Products and Services Expo 2001 scheduled to open on the afternoon of March 19 and remain open on both days of the conference proceedings.

To register for CAR 2001 or to reserve exhibit space for the Expo, call (310) 533-2410 or register online at www.bobitexpos.com or fax your registration form to (310) 533-2506.

Hotel reservations should be made as soon as possible by call the Las Vegas Hilton, 1-800-732-7117. Ask the reservation staff for the special hotel rate for CAR 2001!