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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 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.

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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.

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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.

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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.

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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.

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Newsby StaffAugust 6, 2019

Hertz Increases Q2 Revenue 5%

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

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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. 

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Newsby StaffAugust 5, 2019

ACV Auctions Unveils Undercarriage Imaging Tool

The device comes in the form of a low-profile tool that uses ACV's mobile hardware and software technology to provide high-resolution bumper-to-bumper view and image of a vehicle's undercarriage in less than one minute.

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Newsby StaffAugust 5, 2019

Avis Reports $2.3B in Q2 Revenue

Second quarter revenues featured a 2% increase in rental days.

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Newsby StaffAugust 2, 2019

ADESA Creates New Dealer-Focused Role

ADESA has created a new role to direct and activate the team that develops relationships with its large-scale buyers and sellers.

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