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RVI Used Vehicle Price Index Up from March but Dropped from Last Year

2015-05-28 00:39:21| AutomotiveDigest.com - Automotive Industry News

Rene Abdalah Vice President, Passenger Vehicle RVI Group RVI Used Vehicle Price Index (Real) increased by 0.6% in April compared to March, but when compared to April of 2014, index fell by 2.7%. RIVs Used Vehicle Price Index (Nominal) rose 0.9% in April when compared to March. Prices fell 0.1% from April 2014. Index measures […] The Article RVI Used Vehicle Price Index Up from March but Dropped from Last Year appeared first on Automotive Digest.

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US Auctions Did Very Well in Performance Last Year

2015-05-21 02:34:49| AutomotiveDigest.com - Automotive Industry News

The number of used vehicles that entered its member auctions increased 3.6% to 15.7 million units, and the number of units sold increased by 6.2%, according to the National Auto Auction Association (NAAA). That comes for the NAAAs 18th annual membership survey, which also reported that US used vehicle sales at member auctions reached 8.7 million units sold and had a market value of $81.8 billion. The Article US Auctions Did Very Well in Performance Last Year appeared first on Automotive Digest.

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South Africa: Fracking out in the open at last

2015-05-15 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mail and Guardian: The strategic environmental assessment (SEA) of shale gas development has to be completed in two years before exploration for the energy source begins in earnest, assessment leader Professor Bob Scholes said this week. The government`s shale gas interdepartmental task team on Tuesday launched the SEA, calling it a "science-based assessment to improve our understanding of the risks and opportunities of shale gas development". In his budget speech in February, the minister of finance, Nhlanhla...

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Romanian auto market valued at EUR 18 bln last year

2015-05-11 10:05:50| Auto Parts - Topix.net

According to Constantin Stroe, President of the Romanian Association of Auto Manufacturers , the Romanian auto market had a value of EUR 18 bln in 2014. At a special conference organized by 'ZF' daily, Stroe pointed out that this value was 7 per cent higher year-on-year.

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Precision Drilling Q1 profit plunges 76%, revenue declines 24% from last year

2015-04-27 15:10:42| Energy - Topix.net

Precision Drilling Corp. says North American demand for land drilling services in the first months of 2015 failed to meet "even the most pessimistic forecasts" as its customers looked for ways to reduce spending. Precision Drilling chief executive Kevin Neveu says industry activity in Canada during this year's spring breakup is 53 per cent below 2014 levels and in the United States activity is less than half the peak activity in November.

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