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The latest auction figures point out a few important trends: First, the market for certain types of vehicles is definitely getting softer. Second, there really isn't one "used-vehicle market" anymore.
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Toyota Brazil is manufacturing a new vehicle for the Brazilian market, which will be scheduled for commercialization in 2021.
Read More →The China-based all-electric vehicle manufacturer Byton is now licensed to sell its EV SUV in California, it’s first entry into the U.S. market, and slated to make its official launch in 2021.
Read More →Brazil's automotive market so far has fallen by a fifth this year, partly the result of a cash-strapped government's decision to curtail incentives meant to help the industry.
Read More →What can the market expect of wholesale price trends in the second-half of 2012? Relative price stability and strong demand as consumers look to rid themselves of their aging vehicles.
Read More →Manheim Auctions has announced that Doug Kramer has been named assistant general manager of Dallas Ft. Worth Auto Auction in Ft. Worth, TX, and that Peggy Sprenger and Scott Gallagher have been promoted to assistant general managers of Kansas City Auto Auction in Kansas City, MO.
Read More →OYSTER BAY, NY — With the success of hybrid electric passenger vehicles among consumers, attention is focusing on incorporating the technology into commercial trucks.
Read More →Nick Peluso has been named senior vice president of sales for Manheim Auctions. He reports to Jamie Porter, senior vice president of operations.
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