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Earl Scheib Auto Painting sign, Olympic Boulevard, Beverly Hills, California, 1991 Founded by Earl Scheib (February 28, 1908 – February 29, 1992) [2] in Los Angeles in 1937, [3] the company grew quickly following World War II and by 1975 had branches in Germany and England, all company-owned, with Scheib manufacturing his own paint through a wholly owned subsidiary.
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In December 2015, construction of a new paint shop for Line 1 began, costing US$210 million. The new facility has an annual capacity of 229,000 units. When completed in December 2017, it would be the most energy-efficient paint line of the company's auto production network in U.S. and add 300,000-square-foot to Marysville plant.
The East Liberty Auto Plant was the first plant on the continent to employ low-emission, water-borne paint and the first to use laser welding in mass production. [ 3 ] The East Liberty plant became the lead plant in global production of the CR-V in 2016. [ 4 ]
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According to Manheim’s latest used vehicle value index, used gas-powered car prices fell 3.5% in October, whereas pure EV prices fell by 11.1%. And the downward pressure on prices will continue.
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