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Batteries News:

KAR agrees to buy European online auction service for $176 million

KAR Auction Services said it agreed to buy Belgium-based online auction company CarsOnTheWeb for about $176 million....


CPOs sell better than non-certified vehicles

Certified pre-owned vehicles are selling quicker and with better margins, according to J.D. Power....


KAR reports 23% rise in net income

The auction services and technology companys core businesses helped offset continued costs associated with its rollout of TradeRev....


Why Lithia is investing $54 million into a used-car startup

Lithia Motors is investing $54 million into online used-car buying startup Shift Technologies. The money will help Shift expand technologically and geographically....


Hertz and Avis Budget selling fewer rentals at auctions

The volume of retired rental vehicles headed for auctions is steadily on the decline....


Sales of certified pre-owned vehicles on the rise in first half of 2018

Industry sales of certified pre-owned vehicles bounced back in the first half, rising 3.3 percent, after a flat performance in 2017....


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