Business Services Industry

MacBank brings online car auctions up to speed.

Australasian Business Intelligence, August, 2001

Aug 25, 2001 (The Australian Financial Review

ABIX via COMTEX) -- D-Auction is set to launch an Internet exchange for government and off lease vehicles in August 2001. Entitled D2D Market Place, the site will also feature a used car wholesale auction service. Belinda York, managing director of FairMarket Australia, says that the venture shows how the Internet can help businesses to save money. D-Auction is owned by the Motor Traders Association of Australia and Macquarie Bank.

D-AUCTION INTERNET PTY LTD: FAIRMARKET INCORPORATED: MACQUARIE BANK LIMITED - ASX MBL: MOTOR TRADES ASSOCIATION OF AUSTRALIA

By Tony Boyd

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