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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 StaffNovember 4, 2019

Truck Segment Values See Bigger Drop in October

Overall used vehicle values, and truck values in particular, were down month-over-month in October, according to Black Book’s latest Used Vehicle Retention Index.

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Newsby StaffNovember 4, 2019

Cox Automotive Taps New NextGear Capital President

Cox Automotive has appointed Scott Maybee as president of NextGear Capital.

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Newsby StaffNovember 1, 2019

Average New Pickup Truck Prices Up Year-Over-Year

Trucks have shown the most strength of any segment with full-size trucks up 3%, while Kelley Blue Book shows midsize pickups rose 6%, aided by new and redesigned models. 

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Newsby StaffOctober 31, 2019

IAA Brings AuctionNow Digital Marketplace to the U.S.

The platform has been in use throughout the company's Canadian operations since 2016, but it is now bringing it to the U.S. market.

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Newsby StaffOctober 31, 2019

Fed Triggers Third Interest Rate Cut of 2019

The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at 1.5% after starting the year at 2.25%.

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Newsby StaffOctober 30, 2019

Jeep Wrangler Again Tops Residual Value List

Jeep's four-door Wrangler has placed at the top of a list of 10 vehicles that retain the highest percentage of their value over a five-year period, according to the latest report from iSeeCars.

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Newsby StaffOctober 30, 2019

KAR's Openlane Unit Gives Charitable Donations

KAR Global's Openlane digital marketplace has given $10,000 in donations to two organizations and will launch an employee engagement initiative in 2020 to support coding education in Canada, the business unit has announced.

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Newsby StaffOctober 29, 2019

Capps Officially Promoted to Manheim Sales Leader

Holly Capps has been promoted to senior vice president of Manheim sales, reporting to Cox Automotive CSO Tim McKinley, the company announced. Capps had served as the Manheim sales leader on an interim basis since July.

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Newsby StaffOctober 25, 2019

XLerate Group Acquires Columbus Fair Auto Auction

The XLerate Group has acquired Columbus Fair Auto Auction (CFAA), the group now operates under thirteen auction brands

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Newsby StaffOctober 24, 2019

Wholesale Values Stabilize After Weeks of Decline

After several weeks of accelerated depreciation, this week's Black Book Market Insights report shows more stable wholesale values.

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