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Survey: The Three Year Vehicle Purchase Cycle is Dead and Not Coming Back

More practical consumers are getting used to older vehicles — but are more scrupulous about service, with independent repair shops trumping dealership service centers for aging vehiclesCARSON, Calif. — Reports of the death of the two to
Jul 23, 2012
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Carfax To Receive Patents To Help Insurance Industry

Vehicle History Attributes to Improve Underwriting and Ratings CENTREVILLE, Va. — Carfax, Inc. is pleased to announce that the United States Patent and Trademark Office (USPTO) has published a Notice of Allowance for U.S. Patent Application Se
Jul 20, 2012
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KPMG Survey: U.S. Auto Companies Will Add Employees and Expand Facilities This Year

More Execs Cite Lack of a Qualified Workforce as a Growth Barrier; Most see slowdown in European vehicle sales lingering for at least another 18 months DETROIT — Armed with growing revenues and strong balance sheets, and to keep up with increa
Jul 20, 2012
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Polk Appoints Kathleen Schroeder as Vice President, IS&S Production

SOUTHFIELD, Mich. – Kathleen Schroeder has been appointed vice president, information services and support (IS&S) production at Polk. In her new role, Schroeder will be responsible for U.S. production operations and will join the IS&S Leade
Jul 20, 2012
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Yahoo! Autos Selects Detroit Trading Company as Exclusive Technology Platform

Detroit Trading Company will also act as distributor to its extensive buyer network SUNNYVALE, California & DETROIT, Michigan — Detroit Trading Company has been selected to handle the vehicle inventory and lead operations for Yahoo! Autos, one
Jul 20, 2012
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Maryann Keller Joins Auction Direct USA Board of Directors

Key Automotive Industry Expert Joins Leading Used Car Sales Organization ROCHESTER, N.Y. — Auction Direct USA announces that Maryann Keller, managing partner of global auto industry advisory services, Maryann Keller & Associates, LLC has joined
Jul 20, 2012
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Rising Gas Prices Trigger a Bump in Values for Some Affordable Fuel-Sippers

According to Alec Gutierrez, Senior Market Analyst, Industry Insights at Kbb.com, for the first time since April, Kelley Blue Book has seen values increase on affordable small cars such as the Honda Fit, Smart fortwo, Suzuki SX4, Volkswagen Jetta TDI
Jul 20, 2012
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DealerTrack Announces Agreement to Acquire 1st Auto Transport Directory

Leading Network that Facilitates Vehicle Transportation for Dealers Added to DealerTrack’s Comprehensive Solution Set Lake Success, N.Y. ─ Expanding its range of solutions and services for the automotive retail industry, DealerTrack announced an
Jul 19, 2012
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Consumer Credit Default Rates Decreased for the Sixth Consecutive Month

New York the Only MSA Where the Default Rate Increased NEW YORK — Data through June 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in
Jul 19, 2012