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NewsSeptember 16, 2016

KAR Subsidiary Names VP of Sales and Maketing

Preferred Warranties Inc. (PWI), a business unit of KAR Auction Services Inc., today announced the appointment of Ryan Warzynski as vice president of sales and marketing

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NewsSeptember 14, 2016

Copart Opens First German Auction

Copart, Inc. is opening its first German vehicle storage and auction location in Bad Fallingbostel, near Hanover, the online auctioneer has announced.

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NewsSeptember 13, 2016

World Data Corp. Introduces Vehicle Data Delivery Tool

World Data Corp. has introduced its DATASYNC Application Programming Interface (API) data delivery system. The new tool allows companies to integrate World Data information into new or existing applications so it can be seamlessly presented to users, according to the company.

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NewsSeptember 13, 2016

Rental Risk Units Sold at Auction High For August

This could be a sign that stop-sale/stop-use units are being repaired and creating less demand for loaner vehicles, says Manheim.

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NewsSeptember 13, 2016

Mid-Size Car Retention Falls for First Time in 4 Years

Mid-size car retention rates for model-year vehicles older than two years dropped this year after remaining steady for the previous four years.

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NewsSeptember 8, 2016

Car Depreciation Accelerates in August, Trucks Steady

Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.

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NewsSeptember 8, 2016

instaVIN Names Director of Business Development

instaVIN, a provider of vehicle history reports and technology products, has named Edie Hirtenstein director of business development. The 14-year automotive industry veteran will be responsible for managing customer relationships and identifying and implementing products and services that could further expand the business, according to the company.

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NewsSeptember 8, 2016

XIO Group Completes Sale of J.D. Power

The global alternative investments firm acquired J.D. Power and Associates from S&P Global, formerly known as McGraw Hill, for $1.1 billion.

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NewsSeptember 7, 2016

Weekly Residuals: Cars Take It on the Chin, Again

The values of sub-compact cars have depreciated an average of 24.2% in a year, which ranked at the top of the vehicle classes tracked by Black Book.

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Newsby Paul ClintonSeptember 2, 2016

Compliance Remains Top Auction Concern

Vehicle remarketers have been pushed to follow more and more regulatory compliance procedures for financial institutions and other consignors while handling wholesale vehicle sales, ServNet's CEO told Vehicle Remarketing Reporter.

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