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Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services, and a live and live online salvage auto auction company, disclosed that Ohio House Bill 468 has become law, and will become effective on the 91st day after the act is filed with the secretary of State.

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KAR Auction Services, Inc. announced that its subsidiaries Automotive Finance Corporation (AFC) and AFC Funding Corporation, have entered into Amendment No. 3 to the Fifth Amended and Restated Receivables Purchase Agreement, by and among AFC, AFC Funding, Fairway Finance Company, Chariot Funding LLC, Deutsche Bank AG, New York Branch, BMO Harris Bank N.A., Fifth Third Bank, JPMorgan Chase Bank, N.A. and BMO Capital Markets Corp.

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U-Pull-&-Pay (UPAP) Phoenix and Albuquerque stores each received the prestigious Safety & Health Achievement Recognition Program (SHARP) designation from the U.S. Department of Labor. UPAP’s Phoenix facility is the first self-serve auto part recycler in the U.S. to receive this award; the Albuquerque facility is the second.

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by MIKE BRESLIN

The U.S Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have proposed new rules to set stringent fuel and emissions requirements for vehicles for model years 2017 to 2025.

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