Since retiring as a remarketing manager of Kia Motors America this past January, David Alfonso has redoubled his efforts, given all his energy, and devoted his expertise to ensuring his days are filled with fun and adventure.
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A look at Don Fowler's career serves as a view of the history of vehicle remarketing.
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Mark Cangialosi, director, fleet procurement for The Hertz Corporation, is a new member of IARA, and he sits on the association's board of directors. But IARA is not new to Hertz. Cangialosi worked with IARA on Hertz's Second Key initiative.
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Bob Graham spent his entire career with ARI. Now he has found a perfect community for his retirement. Although he’s already done it once, his retirement plans do not include testifying against a mob boss.
Read More →As manufacturers continue to release new vehicles into the luxury segment, the number of vehicles in the segment has grown. This along with overproduction and higher incentives has led to higher depreciation rates for the segment.
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Consignments were down in May and June; however, healthy sales percentage rates kept sales numbers at Northeast auctions at relatively stable levels, compared to the year before.
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Trucks and utility vehicles have remained strong in spring auction lanes, even though Pacific coast auctions have seen the used vehicle market soften in the past month.
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The tax season had a late start in the southwest market. The boost in sales — which has been described as a steady increase as opposed to a spike this year — that auctions typically begin to see in February did not arrive until March.
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Southeast-region auctions are seeing a seasonal increase in values driven by tax-return-driven buying at dealer lots, but say the spring bump isn't as pronounced in 2017 in part due to the delay by the IRS to issue returns in late February.
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The 2017 Conference of Automotive Remarketing (CAR) was host to myriad panels, discussions, and keynotes that discussed the latest trends in the wholesale remarketing industry.
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