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Retail Used Has Been Seeing Prices Dip Faster than Wholesale
2014-05-01 23:08:28| AutomotiveDigest.com - Automotive Industry News
Art Spinella President CNW Research While wholesale used vehicle prices have been strong lately, that hasnt been the case for retail used. Asking prices averaged $11,372 for franchised dealers last month, compared to $11,716 last year. However, franchised and independent dealers did see that their asking price was closer their closing price. Franchised dealers were […] The Article Retail Used Has Been Seeing Prices Dip Faster than Wholesale appeared first on Automotive Digest.
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BELGIUM: Van de Velde H1 wholesale turnover to top 8%
2014-05-01 12:23:00| Daily apparel & textile news and comment - from just-style.com
Lingerie business Van de Velde has forecast wholesale turnover to rise by more than 8% in its first-half.
Wholesale Used Vehicle Prices March 2014
2014-04-28 12:00:41| AutomotiveDigest.com - Automotive Industry News
Wholesale used vehicle prices in March 2014 made it to $10,429. Up 6.0% compared to February, and up 4.0% relative to March 2013. All segments except minivans increased in value month-over-month, and pickups and SUVs had a particularly strong month. The Article Wholesale Used Vehicle Prices March 2014 appeared first on Automotive Digest.
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Colt warns for weaker EBITDA, to exit wholesale voice
2014-04-22 09:22:00| Telecompaper Headlines
(Telecompaper) European carrier Colt warned for weaker-than-expected EBITDA this year, due to product mix changes, customer churn and pricing pressure in bandwidth products. The company expects 2014 EBITDA (before restructuring charges) to be 5-10 percent lower than the current market consensus of EUR 325 million. In addition, Colt will book restructuring charges in the second half of around EUR 30 million for a planned exit of much of its wholesale voice business. The operator plans to end around 85 percent of its Carrier voice trading contracts over the next few months. The capacity of around 5 billion minutes per year freed up on its voice network will be dedicated to expanding the more profitable enterprise voice business. The decision will result in the loss of around EUR 175 million in annual revenue, around half of which will be felt in 2014 already. However, the exit of the wholesale business should lead to better profit margins over the next few years and have an "immaterial" impact on EBITDA this year, Colt said. For the first quarter, the operator reported revenues up 2.0 percent year-on-year to EUR 399.8 million, helped by forex effects and expansion in managed and colocation services. EBITDA was still down 8.0 percent to EUR 74.1 million, hurt by pressure on margins from regulatory price cuts and a shift from profitable bandwidth services to lower margin managed networking services. Colt said it expects the pressure on margins to continue through the year.
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Wholesale Prices by Model Class Feb 2014
2014-03-26 02:36:08| AutomotiveDigest.com - Automotive Industry News
Wholesale prices were down 1.4% from January but up 0.9% over February 2013 Compact cars and vans were only segments that had both monthly and YOY gains Kontos Kommentary reported that highly certifiable off-rental program vehicles from automakers were particularly popular The Article Wholesale Prices by Model Class Feb 2014 appeared first on Automotive Digest.
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