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 StaffAugust 16, 2019

Carvana Unveils First Vending Machine in California

The vending machine, which will stand eight stories high and hold 30 vehicles, will be located in the Westminster, Calif., a city roughly 30 miles south of Los Angeles.

Read More →
Newsby StaffAugust 15, 2019

NAAA Names Western Chapter Auto Auction of the Year

The award was established in 2016 and recognizes the charitable acts that auctions perform in order to encourage greater volunteer involvement.

Read More →
Newsby StaffAugust 14, 2019

TradeRev Expands to Two New Markets

TradeRev has expanded its digital platform to two new markets: Kansas City, Mo. and Minneapolis, the company announced.

Read More →
Ad Loading...
Newsby StaffAugust 13, 2019

Vans, Pickups, and Compact Cars Outperformed Average Wholesale Market

Van, pickup, and compact car wholesale values stood out last week, amid a fairly stable wholesale market, according to Black Book's Aug. 12 Market Insights report.

Read More →
Newsby StaffAugust 12, 2019

IARA Passing the Gavel to New President at Upcoming Roundtable

The International Automotive Remarketers Alliance's current president, Tim Meta of Fifth Third Bank, will pass the gavel to Paul Seger, EVP, asset remarketing at Element.

Read More →
Newsby StaffAugust 9, 2019

ServNet Announces New Leadership

John Brasher and Robert Sullivan will head ServNet's executive team and will assume leadership of the auction group on Jan. 1, 2020 after longtime ServNet CEO Pierre Pons steps down.

Read More →
Ad Loading...
Newsby StaffAugust 8, 2019

New-Vehicle Interest Rates Fall to 5.8%

The average interest rate for a new-vehicle loan dropped for the third month in a row in July, hitting its lowest level of 2019, according to Edmunds.

Read More →
Newsby StaffAugust 7, 2019

Nissan's Captive Settles Military Repo Case for $3M

Nissan Motor Acceptance Corp. will pay $3 million to the U.S. Department of Justice to settle claims of improper repossessions and lease terminations of members of the military.

Read More →
Newsby StaffAugust 6, 2019

Hertz Increases Q2 Revenue 5%

Adjusted net income for the second quarter 2019 was $71 million.

Read More →
Ad Loading...
Newsby StaffAugust 6, 2019

Black Book: Retained Values Flat in July

Used-vehicle valuation and forecast solutions provider Black Book (div. Hearst) released its Used Vehicle Retention Index for July, showing no change from June, when the index improved to 115. 

Read More →