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ADESA Acquires Sanford Auto Dealers Exchange

2016-03-17 19:10:34| AutomotiveDigest.com - Automotive Industry News

ADESA has continued building its auction network through acquisitions, this time through an agreement purchase Sanford Auto Dealers Exchange (SADE) in Sanford, Fla. This location joins four other ADESA auctions in the region: ADESA Sarasota, ADESA Tampa, ADESA Jacksonville and ADESA Ocala. The auction will be renamed ADESA Orlando, and Mike Tumminello, president of SADE, will remain as general manager. The Article ADESA Acquires Sanford Auto Dealers Exchange appeared first on Automotive Digest.

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Loan delinquencies on subprime auto loans haven't been higher in the U.S. since 1996.

2016-03-17 10:30:53| Auto Dealers - Topix.net

A peak in delinquencies by subprime borrowers is adding to concerns that the current strong automotive sales cycle in the U.S. could be facing obstacles. Fitch Ratings reported that the rate of subprime automotive loans overdue by more than 60 days rose to 5.16% in February.

Tags: the us since auto

 
 

Newest, coolest cars and trucks on display for you to check out at Denver Auto Show

2016-03-17 02:04:50| Auto Dealers - Topix.net

It's the 2016 Denver Auto Show at the Colorado Convention Center. It's the largest car show between Chicago and L.A. Over 500 cars and over 40 car lines all sitting pretty under a 500,000 square foot roof.

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Buny Auto Sales

2016-03-16 21:51:38| Auto Dealers - Topix.net

I am an independent used car dealer in the community of Bethel. I run my business and car lot from my home, which translates to low overhead with the savings for you.When the phone rings you get me and the buck stops here.

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Jim Cramer: Auto Parts Stocks Are Very Hot

2016-03-15 19:15:01| Auto Parts - Topix.net

While accessories may be doing well , so too is another group: auto parts companies. Specifically, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio , pointed out that the group has been "very, very hot" and has bullish technical patterns in the charts to back it up.

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