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Nissan reported a 15 percent drop in operating profit to 163.51 billion yen ($1.40 billion) in the latest quarter as foreign exchange losses, falling revenue and rising incentives sapped earnings.
J.D. Power and Associates has launched its own residual-value product, putting it in competition with TrueCar Inc.'s ALG and others at a time when lease originations are at record levels.
Toyota was named by Kelley Blue Book as the top brand for projected resale value for the 2017 model year while Porsche took home its first-ever luxury brand title.
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