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Hertz Appoints New Chief Financial Officer

In the interim period prior to Jamere Jackson formally joining Hertz, Robin Kramer, currently Hertz's senior vice president and chief accounting officer, will assume the additional role of acting CFO effective immediately.


Subcompact Car Values Begin to Fall

Full-size cars had the best week among cars last week, as the segment saw its average wholesale...

Overall, car segment values decreased by 0.2%, compared to 0.22% depreciation the segment experienced the week before. Overall, truck segment values decreased by 0.15%, equal to the deprecation the segment experienced the week before.


Used Fleet Vehicles Worth 8.1% More Than Last Year

Vehicles that went to auction from fleets performed the strongest in July, according to KAR...

Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago and 0.4% more than in June, according to Tom Kontos, KAR Auction Services' chief economist.


Acertus Named Top Workplace

Vehicle logistics provider Acertus has been named one of 150 top workplaces for 2018 by its hometown St. Louis Post-Dispatch.


Cox Automotive Expands Mobility Services

Cox Automotive's new mobility services unit combines its Flexdrive subscription service with its...

Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.