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Initially it was offered for sale for 25 cents on the dollar, but received only one offer, for less than $100,000, prompting its interests, headed by Frank L. Chase, to withdraw the offer. Under an order from a federal judge, $273,000, or 44 percent of the debt, was eventually paid to creditors. [ 26 ]
Starting today, Amazon car shoppers in 48 cities, including New York, Los Angeles, and Chicago, can “browse, order, finance, and schedule pickup” of a new Hyundai from local participating ...
For You: 10 New Cars To Avoid Buying in 2025 With decreasing EV incentives in sight and hybrid vehicles becoming even more competitive in the market, it’s a good time to consider hybrids . Here ...
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New data shows that even currently, EV prices in the used market are under pressure. According to Manheim’s latest used vehicle value index , used gas-powered car prices fell 3.5% in October ...
Since 2022 Jegs has seen a slow but steady decline, going from over $400 million of revenue in 2020 to about $200 million of annual revenue in 2023. Now managed by former Credit Suisse employees, Jegs laid off most of its call center Customer Service just before Christmas 2022 in an attempt to cut costs, offering them severance package. Event ...
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