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NewsApril 23, 2010

KAR Reports Record Online Sales Volumes

ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.

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NewsApril 23, 2010

Hertz Rent2Buy and Kelley Blue Book Form Partnership

Online-car shoppers will be able to compare Hertz's vehicle prices with the Kelley Blue Book Suggested Retail Value and search for Hertz inventory on KBB's online-car shopping site The Trusted Marketplace.

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NewsApril 14, 2010

Dollar Thrifty Completes $200 Million Asset-Backed Financing

The transaction provides the company with the funding to complete expected fleet purchases, DTG’s President and CEO Scott L. Thompson said. "It also confirms that the company is again able to access vehicle financing at competitive rates and enhancement levels and highlights our plan to lower the overall interest carry cost of our fleet consistent with our focus on return on assets," he added.

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NewsMarch 24, 2010

Toyota's Residual Values Increase Along With Rise in Industry

Kelley Blue Book data shows Toyota brand consideration rebounds higher than pre-recall levels.

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NewsMarch 24, 2010

March New-Vehicle Retail Sales Rebound from Recall and Weather-Dampened February Levels

Industry recovery regains traction as both retail and fleet sales levels improve.

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NewsMarch 17, 2010

ALG Reports Residual Value Impact of Toyota Recall

Automotive Lease Guide says the automaker may have lost 13 percent of its potential customers because of the recall.

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NewsMarch 10, 2010

No Luck of the Irish for Car Rental Supply

A rental car shortage could cost the Irish tourism industry more than a quarter billion euro this year.

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NewsMarch 3, 2010

ALG Predicts Gain for Detroit 3 in Residual Values

While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.

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NewsMarch 3, 2010

Toyota Extends Services Nationwide to Customers Affected by Recalls

These additional services include expedited scheduling of a vehicle repair, pick up and return of the vehicle by a dealership representative, driving the customer to the dealership or his or her place of work, and providing other alternate transportation for the customer.

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NewsMarch 3, 2010

OPENLANE Provides Ford Dealer's Access to Wholesale Vehicles

Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.

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