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.
In June, Auction Academy President Penny Wanna announced that the Academy had launched a virtual classroom for the remainder of 2020 for its current Class 6 Group.
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Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.
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The 2020 IARA Virtual Summer Roundtable has a schedule full of virtual sessions for remarketers and consignors covering today’s hot-topic issues, as well the future of remarketing.
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Auction sales volumes have rebounded to a level consistent with, and on some days higher than, this time last year, despite most auctions continuing to operate under an all-digital platform.
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Veronica Kireem was named the auction's GM in July, and has 25 years of automotive experience, including time in corporate, dealership, and auction roles.
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Volume-weighted, overall car and truck segments both showed gains for the eleventh week in a row, increasing 1.08% overall this week (compared to 1.01% the prior week).
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KAR Auction Services has named automotive industry veteran Steve Jordan as its executive VP for KAR Global Dealer Sales, who will join the company in September after serving for seven years as CEO of the National Independent Automobile Dealers Association (NIADA).
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Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.
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Buffalo Auto Auction will receive strategic consulting services from TPC Management, which works with business owners and key management personnel to increase revenues and implement operational efficiencies to enhance performance.
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Volume-weighted, wholesale values for overall car and truck segments both showed gains for the ninth week in a row, increasing 1.46% overall last week (compared to 1.45% the prior week).
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