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Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.
Lexus has quietly changed the math for the 2018 model year, significantly lowering the hybrid premium for its two most popular crossovers and rolling out a sporty new hybrid platform for its LC halo coupe and LS flagship sedan.
There is a great deal of uncertainty out there and it seems prudent to be conservative. Still, when the car business is bad, I am told, it is still pretty good.
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