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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.  

News•by Staff•December 29, 2018

Conference of Automotive Remarketing Registration Opens

CAR is a joint conference between Bobit Business Media, the National Auto Auction Association, and the International Automotive Remarketers Alliance.

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News•by Staff•December 20, 2018

Manheim Launches First Mobile Auction in Iowa

Roughly 124 dealers participated in the sale, with the majority participating through digital channels. Manheim offered 118 vehicles during the sale, and sold more than half.

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News•by Staff•December 20, 2018

Lease Approvals Fall Slightly in November

Swapalease.com reports car lease credit applicants registered a 68.9% approval rate in November, a slight drop from the October rate of 70.9%.

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News•by Staff•December 20, 2018

Top News of 2018 on VehicleRemarket.com

The top news of 2018 included coverage on the hurricane's impact on the remarketing industry, the effects of the off-lease tidal wave, mobile technology and Manheim.

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News•by Staff•December 19, 2018

ACV Auctions Secures Additional $93M in Funding

The company has been in operation for three years, and now sells over 10,000 wholesale vehicles a month, representing 1% of all vehicles sold at auctions in the U.S.

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News•by Staff•December 19, 2018

Michigan Auction FastLane Joins ServNet

ServNet has added FastLane Auto Exchange, a Michigan-based auction, to its network of auctions, making it the auction group’s 23rd location nationwide.

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News•by Staff•December 18, 2018

Car Values at Auction Continue Decline at Year's End

Overall, wholesale car segments values decreased 0.86% last week, compared to 0.72% the week before.

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News•by Staff•December 17, 2018

Toyota's Captive Announces Executive Changes

Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) have made a number of executive changes in order to improve efficiencies at the companies.

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News•by Staff•December 14, 2018

Element Offers Remarketing Services to Independent Dealers

Asset disposition solutions provider Remarketing by Element, a business unit of Element Fleet Management, has joined the National Independent Automobile Dealers Association's network of National Member Benefit partners.

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News•by Staff•December 13, 2018

'Typical' Annual Depreciation Reaches 12%: Black Book

The average 12-month depreciation through the end of November for all vehicles was 12.5%.

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