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NewsAugust 6, 2008

Percentage of Income Spent on Gas Doubles in Past Five Years

Less than a year ago the national average price for regular gasoline was $2.96 per gallon. Many consumers simply wrote off monthly fuels costs as a mere annoyance. Those days are over, according to a study released today by Edmunds.com.

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NewsAugust 6, 2008

CarMax to Slow Expansion After June/July Decline

Used vehicle retailer CarMax Inc. said Wednesday that its same-store used-unit sales fell 17 percent in the months of June and July as high gas prices drove customers away from vehicle purchases.

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NewsAugust 5, 2008

Early Bird Registration for Special Finance Conference & Expo 2008 Ends Aug. 15

Online registration remains open for The Special Finance Conference & Expo 2008. The show is scheduled for Sept. 16–17 at the Paris Las Vegas Hotel. Attendees who register by Aug. 15 will save $100.

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NewsAugust 5, 2008

10 Days Left for Early Bird Registration to F&I Conference & EXPO 2008

Ten days remain for early bird registration to the fifth annual F&I Conference & EXPO 2008, the premier event for franchised and independent car and truck dealers. The show is scheduled for Sept. 16–17 at the Paris Las Vegas Hotel. Attendees who register by Aug. 15 will save $100.

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NewsAugust 5, 2008

Portion of Household Income Spent on Gas Doubles in Last Five Years

Less than one year ago the national average price for regular gasoline was $2.96 per gallon, and many consumers simply wrote off monthly fuels costs as a mere annoyance. Those days are over, according to a study released today by Edmunds.com, an online resource for automotive information.

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NewsJuly 9, 2008

Fitch: Gas Prices Driving Down SUV and Truck Values

High gas prices are taking their toll on the recovery values of sport utility vehicles and trucks, leading to higher loss severity on defaulted loans in many U.S. auto loan asset-backed securities, according to Fitch Ratings.

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NewsJuly 8, 2008

High Gas Prices Driving SUV and Truck Values Lower in U.S. Auto ABS, Fitch Reports

High gas prices are taking their toll on the recovery values of sport utility vehicles and trucks, leading to higher loss severity on defaulted loans in many U.S. auto loan asset-backed securities, according to Fitch Ratings.

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NewsJuly 1, 2008

Online Registration Open for F&I Conference and EXPO 2008

Online registration is now open for the F&I Conference & EXPO 2008, the premier event for franchised and independent car and truck dealers. The show is scheduled for Sept. 16–17 at the Paris Las Vegas Hotel.

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NewsJune 18, 2008

Low Captive Interest Rates Drive May Sales, Reports J.D. Power & Associates

The sharp increase in gas prices encouraged the spike in small sedan sales in May, but the exceptional results were helped by captive finance sources' aggressive marketing, according to J.D. Power & Associates.

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NewsJune 18, 2008

Record Decline in U.S. Driving Reaches Half-Year Mark

With record-high gas prices and a surge in transit ridership, Americans are driving less for the sixth month in a row. The trend highlights the need to find a more sustainable way to fund highway construction and maintenance, said U.S. Transportation Secretary Mary E. Peters.

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