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.
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Editorial
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.
Ron Breslow, long-time COO for FLD Remarketing, has retired after spending more than four decades with the company that he helped build.
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Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market.
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Dealers Auto Auction of Memphis will be moving to their new auction facility in February 2021, which sits on more than 100 acres operating six selling lanes with full reconditioning and mechanical services.
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The awards the auction received include C&F Finance Company’s Auction of the Year, C&F Finance Company’s Highest Retention Rate, and C&F Remarketing’s Auction of the Year for 2020.
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The dashboard will include insights from Manheim.com, Simulcast, OVE, and Manheim Private Stores, giving vAuto Provision clients instant access to data insights that would previously require a full appraisal of the VIN to inform their interest and actions.
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Manheim has announced a new VP and general manager for its third-largest auction location; a general manager for its newly-created Mid-Atlantic Market Center, and the promotion of three leaders into auction manager positions in Florida and New York.
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Topics discussed include strong demand for new vehicles in the retail and fleet markets; inventory constraints due to high demand for trucks and vans; strong resale values in the wholesale market; and the lingering effects of the shortage of automotive microchips and semiconductors.
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Wholesale prices continued their decline last week through the month of January, though declines in the overall market are at a 0.21% decline, higher than historical 0.44% drops.
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Manheim is expanding and enhancing protection of digital purchases with its new Digital Buyer Protection program, designed to help dealers buy more confidently online.
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KAR Auction Services has launched a new privacy training program for its employees, and plans to gradually deploy new privacy training modules in the coming months.
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