Weekly Wholesale Truck Values Recover

After leading depreciation in the first week of January, truck segment values saw a small recovery last week, while car segment values continued to decline at a similar pace, according to Black Book’s Jan. 15 Market Insights report.

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2017's Top 10 Fastest Selling Used Cars

Among the top 10 fastest-selling used cars in 2017, six were alternative fuel, while four were gasoline engine vehicles.

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Manheim's Logistics Solutions Sees Growth in 2017

Both of Manheim’s logistics solutions saw growth in 2017. Through both solutions, a little under 9 million vehicles were touched by Manheim's logistics solutions, the company stated.

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Wholesale Prices Continued Monthly Decline in December

Manheim’s used vehicle value index — which tracks how wholesale used vehicle prices change month-to-month — for December came in at 132, 1.91% month-over-month decrease and an increase of 5.6% year-over-year.

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Cox Automotive Appoints VP of Manheim Digital Marketplace and RMS Automotive

In his new role, Hallowell will direct and coordinate the overall domestic and global operational activities for digital channels such as Simulcast, OEM-specific marketplaces, Manheim.com, and OVE, along with RMS Automotive and its global business, the company stated.

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Manheim Names VP of Offsite Solutions

Manheim has expanded the role of its vice president of digital inventory solutions Derek Hansen, bringing on additional responsibilities and a new title, according to a company announcement.

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Trucks See Highest Depreciation in First Week of January

In a reversal from the past several weeks, truck depreciation outpaced car depreciation during the first week of the New Year, according to Black Book’s Jan. 8 Market Insights report.

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In Memoriam: Canadian Black Book's Former CEO Ward

Kathy Ward, past president and CEO of Canadian Black Book, passed away on Dec. 24 after multiple years of fighting cancer. She was 60.

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New York Auction Sells Trio of Last Oldsmobiles

A Florida dealer and Oldsmobile collector has purchased three sedans that were the last of their kind from one of the automotive industry's oldest nameplates when General Motors ceased production in 2004.

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Used Vehicle Retention Weakens in December: Black Book

An index that tracks wholesale used vehicle values fell in December for the first time in four months at a time when the used vehicle market typically shows some weakness. It also reinforced 2017 as a growth year for used vehicle sales.

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