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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 23, 2019

Auto Loans Likely Won't be Affected by Recent Interest Rate Cut

Cox Automotive’s chief economist, Jonathan Smoke, said he didn’t expect the Fed’s latest move to match the impact of the July cut for auto manufacturers or dealers.

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Newsby StaffSeptember 23, 2019

Used-Vehicle Prices Up 2% From 2018

J.D. Power Valuation Services’ September 2019 Used Car and Light Truck Guidelines report finds the pre-owned market continues to perform well for auto dealers, registering a 2% increase in average prices from January to August compared with the same period a year ago.

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Newsby StaffSeptember 20, 2019

ADESA Partners with FCA for Simulcast Sale

As part of FCA’s national certified pre-owned vehicle dealer meeting, ADESA launched four simulcast sales from four of its auction locations: ADESA Golden Gate, ADESA Indianapolis, ADESA Kansas City, and ADESA Las Vegas.

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Newsby StaffSeptember 18, 2019

Manheim New England Hosts Third Annual Touch-a-Truck Event

Manheim New England recently hosted its third annual “Touch-A-Truck Event,” a philanthropic event that benefited two young children born with congenital heart defects.  

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Newsby StaffSeptember 17, 2019

Steady Wholesale Values Follow Labor Day Sales

Overall used wholesale values remained mostly flat last week, as post Labor Day sales continue to show strength, according to Black Book’s Sept. 17 Market Insights report.

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Newsby StaffSeptember 12, 2019

Hurricane Dorian Will Bring More Flood-Damaged Cars to Used Market

An increasing number of flood-damaged vehicles are returning to the used market across the country, and increasingly in states where flooding might not be top of mind, according to new data from Carfax.

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Newsby StaffSeptember 11, 2019

Used Vehicles Cost $14K Less Than New Equivalents in Q2

The average three-year-old used vehicle cost buyers $14,443 less dollars then its new equivalent during the second quarter of 2019, according to the latest Used Vehicle report from Edmunds.

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Newsby StaffSeptember 10, 2019

Wholesale Luxury Values Continue to Struggle in Early September

While most wholesale vehicle segments are experiencing low levels of depreciation, heavy depreciation from luxury segments is continuing to weigh down overall wholesale values, according to Black Book’s Sept. 10 Market Insights report.

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Newsby StaffSeptember 9, 2019

Manheim Adds Vehicle Recs, Offer Tools to Mobile App

Manheim announced the addition of two new, dealer-facing features to the Manheim Express mobile app, both available now.

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Newsby StaffSeptember 6, 2019

Carvana Opens Second Vending Machine in California

The new location, located in Ontario, Calif., stands eight stories tall and holds 27 vehicles.

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