Press Release October 3, 2008

PRESS RELEASE

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Date: October 3, 2008
For Immediate Release

Contact: International Automotive Remarketers Alliance (IARA)
Matt Marks, Executive Director
Phone: 973/398-2274
info@iaraonline.org

Emkay, Inc. Joins IARA

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) is pleased to announce that Emkay, Inc, a vehicle fleet leasing and management company located in Itasca, Illinois, has joined the Alliance. David Nagy, Vice President Fleet Assets, will be the company’s representative with the IARA. Nagy indicated that the IARA membership will be a valuable resource asset in helping to maximize Emkay’s portfolio returns.

About EMKAY
Founded in 1946, Emkay is the nation’s second most experienced vehicle leasing and fleet management company. Emkay has over 70,000 units under lease and management throughout the Emkay system. With strategic focus on operational excellence and value-added services and technology, Emkay provides services to America’s top companies. Operating companies are Emkay, Inc., USA/World headquarters in Itasca, Illinois; Emkay Canada Leasing headquarters in Ontario, Canada; Emkay Caribbean Leasing headquarters in Puerto Rico, along with Emkay Mexico and European- UNICO leasing programs ranks Emkay in top five globally. For more information please visit our website at www.emkay.com or contact the Emkay marketing department at marketing@emkay.com or 630.250.7400. All rights reserved. Emkay, Inc. 2008©

IARA-Who We Are
The IARA is a nonprofit organization composed of remarketing professionals dedicated to the continuous improvement of the vehicle remarketing industry. IARA was created in 2001 in response to a realization by several vehicle remarketing organizations that this multi-billion dollar industry had no direct representative organization. The IARA conducts two semi-annual Roundtable industry meetings, one of which is in conjunction with a national remarketing conference. For more information, contact the Executive Director, Matt Marks, at 973-398-2774.

Primary Purpose of The IARA
It is the primary purpose of the IARA to provide a forum in which members are able to maximize remarketed vehicle portfolio values. Functions include:

  • Facilitate standardization of processes within the industry.
  • Provide a medium to facilitate joint initiatives among Alliance members.
  • Develop performance measurements for the industry.
  • Provide a forum for sharing ideas, knowledge, and best practices.
  • Encourage and support member adherence to the IARA Code of Ethics.
  • Share information on legislative and regulatory issues impacting the
    remarketing industry.
  • Provide a lobbying body to address legislative issues.
  • Provide a process of continuing education focused on the support of best
    practices in the remarketing industry.

 

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