Auto dealership owners take a look at vehicles being auctioned off during an auto auction at Manheim Detroit Auto Auction in Carleton, Michigan August 14, 2013. AutoTrader has no plans at the moment ... more 
Auto dealership owners take a look at vehicles being auctioned off during an auto auction at Manheim Detroit Auto Auction in Carleton, Michigan August 14, 2013. AutoTrader has no plans at the moment to consider a public listing, its president said on Wednesday, eight months after the online automobile marketplace operator pulled the plug on an initial public offering. The company, which owns the AutoTrader.com and Kelley Blue Book brands, pulled its $300 million IPO in January, citing market conditions. Privately held Cox Enterprises, which owns 75 percent of AutoTrader, as well as all of wholesale car auction company Manheim, prefers to nurture both auto assets itself, said Sandy Schwartz, president of both units. To match Interview AUTOS-AUTOTRADER/ Picture taken August 14, 2013. REUTERS/Rebecca Cook (UNITED STATES - Tags: TRANSPORT BUSINESS) less 
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Reuters | Photo By REBECCA COOK / REUTERS
Wed, Sep 11, 2013 5:46 PM EDT