Manheim Louisville Named Top Fiserv Auction

Manheim Louisville of Clarksville, Ill. has been named the top-performing auction of 2016 by Fiserv, Inc., a provider of financial services technology solutions.

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Carvana Expands Into Oklahoma City

Carvana has expanded its business of vehicle vending machines into Oklahoma City, which is the company's 30th market in the U.S., Carvana has announced.

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More Segments See Lower Lease Prices in June

The average monthly payment for a leased vehicle came in at $340.37 in June, a slight reduction from last month’s average of $352.80, according to online lease deal marketplace Wantalease.com.

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XLerate Charleston Auto Auction Adds Four to Sales Team

XLerate Charleston has expanded its auto auction sales team by announcing four new additions to the team, according to an announcement from the Auction.

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Kia Tops J.D. Power's 2017 Vehicle Quality Rankings

Five segment-winning Kia vehicles include the Soul (Compact Multi-Purpose Vehicle), Forte (Compact Car), Cadenza (Large Car), Niro (Small SUV), and Sorento (Midsize SUV).

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Small Cars Struggle Amid Low Fuel Prices

As gas prices have continued to decline, smaller vehicles — in both the car and truck segments — have also seen an accelerated rate of depreciation, according to Black Book’s June 19 Market Insights report.

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NextGear, Ready Logistics Offer Financing Tool

NextGear Capital and Ready Logistics have partnered to offer a new kind of transportation financing solution that will allow its clients to buy, floor, and transport vehicles through a single transaction, according to a company announcement.

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Honda Redesigns CPO Website

Honda has released a newly redesigned certified pre-owned (CPO) vehicle website meant to provide an easier and more focused experience for its CPO segment, which has grown by 6.8% this year, according to a company statement.

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Auction Sales Volume Down 3% in May

Auction sales volume of 8-year-old models totaled 366,212 units in May, a decline of 3% compared to the previous month and a nearly 2% increase from the same time last year, according to J.D. Power’s Used Car and Light Truck Guidelines June Industry Update.

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MetroGistics Hires HR Director for AmeriFleet Merger

Lainey Strohmeyer brings more than 12 years of experience in recruiting and human resources to the role.

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