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AAA Driving Costs Study Says Car Costing $9,122 per Year

2013-04-21 05:55:59| AutomotiveDigest.com - Automotive Industry News

AAA put out its Your Driving Costs study, which has been released annually since 1950. Any idea how much the average US sedan owner is spending per year on operating costs? Would you believe $9,122?!? That does seem strange, given that Americans are driving 11 year old cars, which should have been paid off years earlier. However, the studys analytics are not based on loan or lease car payments, but on total lifecycle depreciation. The other categories built into the analysis are maintenance, fuel, tires, and insurance. Aging vehicles does come into play, and that can mean car owners taking on extended warranty coverage. The cost of insurance has gone up, too. Click here to read details on how AAA does the numbers for its age-old Your Driving Costs study and what was learned this yearThe Article AAA Driving Costs Study Says Car Costing $9,122 per Year appeared first on Automotive Digest.

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US: Under Armour Q1 profit plummets 47% as costs rise

2013-04-19 16:51:00| Daily apparel & textile news and comment - from just-style.com

Performance apparel and footwear maker Under Armour has posted a 47% decline in first-quarter net profit, after higher marketing costs offset rising sales.

Tags: costs rise profit armour

 
 

How Fleets are Reducing Fuel Costs and Travel Time Working with GPS Insight

2013-04-18 19:05:34| AutomotiveDigest.com - Automotive Industry News

The Article How Fleets are Reducing Fuel Costs and Travel Time Working with GPS Insight appeared first on Automotive Digest.

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American Airlines parent AMR narrows 1Q loss on higher revenue, lower labour costs

2013-04-18 18:31:09| Airlines - Topix.net

The parent of American Airlines is reporting a smaller loss for the first quarter than a year ago on slightly higher revenue and much lower labour costs.

Tags: american lower costs loss

 

Car hire firms criticised over costs

2013-04-18 11:30:40| BBC News | Business | UK Edition

Consumer association Which? says many car hire companies are confusing their customers with "sneaky charges".

Tags: car costs firms hire

 

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