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Staff

Editorial

Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.  

Newsby StaffSeptember 2, 2021

Smartphone With AI Tool Can Quickly Assess Vehicle Conditions

A solution from Tractable accelerates any process in which inspecting a vehicle’s condition is required, from purchasing or selling, returning a rental or lease, to recycling parts at end-of-life.

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Newsby StaffSeptember 2, 2021

Private Equity Firm Buys Majority Stake in XLerate Group

The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.

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Newsby StaffSeptember 2, 2021

Cox Automotive Starts Plan to Evaluate Used EV Batteries

The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.

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Newsby StaffAugust 29, 2021

Dealership Profits Reach Record High Amid Tight Vehicles Sales Market

A recent quarterly report from Haig Partners shows that buy-sell activity among auto dealerships has exploded, leading to "empty lots and overstuffed wallets."

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Newsby StaffAugust 29, 2021

The Most Shopped EV and Hybrid Vehicle Brands

Second quarter numbers show emerging competition for buyer choices as more models enter the market.

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Newsby StaffAugust 29, 2021

KAR, CARWAVE Deal to Grow Online Marketplace

KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.

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Newsby StaffAugust 25, 2021

Cox Automotive Update: August Sales Pace Forecast to be Year's Slowest

The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.

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Newsby StaffAugust 20, 2021

Used Vehicle Sales Slowing After Quick Spring Pace

High prices and relatively tight inventory keep more buyers at bay.

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Newsby StaffAugust 20, 2021

Used Vehicle Prices Set New Records Amid Tight Supply

The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.

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Newsby StaffAugust 18, 2021

Automobile Prices Hit All-Time High in July 2021

Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.

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