With stable job growth and attractive financing continuing for the retail market for new and used vehicles, the strongest pricing tiers were everything above $15,000.
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Manheim New York received the “Highest Absolute Annual Savings in a Retrofit at a Single Parking Area” award. The location replaced medium and high-wattage metal halide with LED fixtures, reducing its consumption by 1,761,687 kilowatt-hours (kWh) and resulting in nearly 70 percent energy savings.
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Smaller cars showed the highest depreciation levels in June, while SUVs, pickups, and vans showed relative strength in a used-car market that's now tilted toward larger, less fuel efficient vehicles.
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KAR Auction Services, Inc., a provider of used-vehicle auction services, announced that Eric Zurawski has been promoted to vice president of enterprise optimization.
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An annual event, complete with a cookout, live music, and prizes, the activities were pinnacled by a special donation to The Boys and Girls Club of North Alabama in an amount exceeding $25,000.
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More than 2,000 pieces of equipment from utilities and related companies will be sold of at JJ Kane auctions on July 25 and 30
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As summer picks up steam, so does the depreciation of just about every car segment with the exception of Premium Sporty Cars, which have outperformed the average car for eight straight weeks, whereas trucks are “defying” seasonal patterns by holding strong through the early summer weeks,
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J.D. Power completed its acquisition of NADA's Used Car Guide on July 1. The acquisition was announced May 28.
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The 2015 International Automotive Remarketers Alliance (IARA) Summer Remarketing Roundtable will be held August 18-19 at the Hilton Fort Worth in Texas.
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NextGear Capital announced the appointment of Patrick Inks to the role of vice president of Credit, where he will be responsible for the quality and consistency of NextGear's underwriting and credit processes.
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