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Annual GE Capital Fleet Study Finds 4% Drop in Fleet Car Maintenance Costs
2014-05-09 22:18:04| AutomotiveDigest.com - Automotive Industry News
GE Capital Fleet Services announced the results of its 19th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs decreased by four percent in 2013 as compared to 2012. Maintenance costs include unscheduled repair services, preventative maintenance, tires and replacement rentals. The study analyzed actual maintenance expenses incurred by nearly 37,000 passenger cars from January 1 to December 31, 2013. Research found monthly preventive maintenance expenses decreased 14 percent in 2013 and average vehicle maintenance costs decreased from $50.47 to $48.36 per vehicle per month. READ MORE and find out about the key factors. The Article Annual GE Capital Fleet Study Finds 4% Drop in Fleet Car Maintenance Costs appeared first on Automotive Digest.
Wholesale Used Price Drop Taking Longer than Expected to Show Up
2014-05-09 16:39:49| AutomotiveDigest.com - Automotive Industry News
Wholesale prices are remaining strong up for fourth consecutive month in April even though a big used vehicle price drop has been expected. The Manheim Used Vehicle Value Index reached 124.9, a 4.8% increase from a year ago. Strong dealer demand in the competitive wholesale market has been setting a solid platform for prices. Higher transaction prices and flat incentive spending are also strengthening used values... GET MORE DETAILS _________________________________________________________ The Article Wholesale Used Price Drop Taking Longer than Expected to Show Up appeared first on Automotive Digest.
Telefonica Q1 results drop on forex, Czech sale
2014-05-09 08:29:00| Telecompaper Headlines
(Telecompaper) Telefonica reported first-quarter revenues down 13.5 percent from a year earlier to EUR 12.232 billion, hurt by negative exchange rate effects and the sale of its Czech operations. OIBDA was down 14.0 percent to EUR 3.929 billion, and net profit fell 23.2 percent to EUR 692 million. Excluding the forex effects and change in scope, the operator reported revenues up 1.5 percent and OIBDA 0.5 percent higher on organic basis. Telefonica reduced capital expenditure by 19.9 percent compared to the year-earlier quarter to EUR 1.555 billion, mainly due to lower spending on spectrum. Net debt was cut by EUR 2.657 billion in Q1 to EUR 42.724 billion at the end of March, equal to 2.30x OIBDA. Telefonica said the organic growth shows its strategy of focusing on customer service and network quality is paying off. The company reiterated its full-year outlook for positive organic sales growth, a flat to slightly lower EBITDA margin, higher capex of 15.5-16 percent of revenues and net debt under EUR 43 billion by the end of 2014.
Kellogg to drop 'all natural' label from Kashi products
2014-05-09 01:38:46| Food - Topix.net
Kashi is a line of cereals, granola bars and other products from Kellogg. It will drop the 'all natural' and 'nothing artificial' from the label.
Tags: products
natural
label
drop
Kellogg to drop 'all natural' label from Kashi products
2014-05-08 21:46:27| Agriculture - Topix.net
Kashi is a line of cereals, granola bars and other products from Kellogg. It will drop the 'all natural' and 'nothing artificial' from the label.
Tags: products
natural
label
drop
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