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Used Car Flood from Off-Lease Units is Well Under Way

2014-04-24 00:25:36| AutomotiveDigest.com - Automotive Industry News

Manheim predicts off-lease units will rise to 2.1 million this year and 2.5 million in 2015. Its good news for dealers looking for reasonably priced late-model used vehicle, but it will also present a few problems. Greater supply means that new car buyers will see reduced trade-in values of their current vehicles. Plus, falling used-vehicle prices will bring falling residual prices, with the consumer having to pay more to make up the difference. The Article Used Car Flood from Off-Lease Units is Well Under Way appeared first on Automotive Digest.

Tags: under well way car

 

New Source Energy Partners Offers Units

2014-04-23 18:08:00| OGI

Net proceeds will repay part of the outstanding revolving credit facility debt, New Source said.

Tags: source offers partners energy

 
 

Shandong Sincier Chemical Group Selects GTC Technology For Isomerization Units in China

2014-04-23 15:50:00| Chemical Processing

GTC will provide its Isomalk technologies for a new refinery and petrochemicals complex.

Tags: group technology china units

 

Toyota Central R&D developing free-piston engine linear generator; envisioning multi-FPEG units for electric drive vehicles

2014-04-22 19:30:58| Green Car Congress

Tags: central drive engine units

 

PS4 sales pass 7 million units, while Xbox One licks its wounds and plans a comeback

2014-04-17 13:36:29| Extremetech

Sony's PlayStation 4 is continuing to break sales records, passing 7 million units sold as of April 6. Meanwhile, in the Xbox One camp, Microsoft has remained ominously silent, failing to release sales figures since the end of 2013. Presumably, Microsoft was waiting to see if the release of Titanfall would give the Xbox One a healthy bump in sales -- but now, a month later, we have to wonder why Microsoft is still mute on the matter. Are Xbox One sales truly that embarrassing? And if so, can we expect a dramatic price drop or the release of an Xbox One bundle without Kinect?

Tags: sales million plans pass

 

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