Vehicle Remarketing Logo

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 StaffOctober 10, 2019

ADESA Names Two General Managers

Angela Williams will serve in the role at ADESA Houston and Brad Yeager will lead ADESA Ocala in Florida.

Read More →
Newsby StaffOctober 9, 2019

Manheim Updates Inspection Technology

The goal of the new platform, noted Manheim, is to provide a faster and more consistent inspection. One way that it will attempt to do this is through a methodical inspection guide.

Read More →
Newsby StaffOctober 8, 2019

Sharp Wholesale Value Declines Continue on the Week

Average wholesale used prices continued to see steep declines last week, as used values registered the largest drop since spring, according to Black Book’s Oct. 8 Market Insights report.

Read More →
Ad Loading...
Newsby StaffOctober 7, 2019

Used Prices Down 1.04% in September

Wholesale used vehicle prices decreased 1.04% in September compared to prices the month before, according to Cox Automotive’s latest Manheim Used Vehicle Value Index report.

Read More →
Newsby StaffOctober 7, 2019

In Memoriam: Former AFLA President George Largay

George Daniel Largay died on Sept. 30 from pancreatic cancer. He was 75 years old.

Read More →
Newsby StaffOctober 4, 2019

NAAA Names Top Auction of 2019

The National Auto Auction Association has named DAA Northwest Auto Auction as its 2019 Auto Auction of the Year for Excellence in Community Service.

Read More →
Ad Loading...
Newsby StaffOctober 3, 2019

Weekly Wholesale Values Enter October with Higher Depreciation

Used vehicle values are beginning to buckle as depreciation continues to accelerate, particularly among sedans, according to Black Book’s Oct. 1 Market Insights report.

Read More →
Newsby StaffOctober 3, 2019

Retail Incentives Reach Record High

Incentive spending is projected to reach $4,159 (up 6% or $246), the highest level ever for the third quarter and just $28 short of the all-time quarter high set in Q4 2017.

Read More →
Newsby StaffOctober 2, 2019

New Vehicle Transaction Prices Stall in September

The average transaction price for a new light vehicle in the U.S. was $37,590 in September, a 0.6% year-over-year increase, according to Kelley Blue Book.

Read More →
Ad Loading...
Newsby StaffOctober 1, 2019

Used Fleet Vehicles Fell 1.5% in August

Used fleet vehicles that sold at wholesale fell 1.5% to $13,603 in August from July, but remained up 1.2% when compared to the same month a year ago, according to Tom Kontos, chief economist for KAR Auction Services.

Read More →