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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 12, 2018

IAA Adds Mich. Location for Salvage Auctions

Insurance Auto Auctions Inc. has opened a new facility in Flint, Mich. for its salvage auctions, the KAR Auction Services division has announced.

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News•by Staff•December 11, 2018

KAR Consolidates Repo Industry Business Units

KAR Auction Services, Inc. has consolidated its management team for two of its businesses — Recovery Database Network (RDN) and Clearplan — in order to improve synergies for the complementary business units.

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News•by Staff•December 11, 2018

Sedan Auction Values Continue Year-End Decline

As the year comes to a close, used sedan values are continuing to decline from the abnormally high levels that the segment saw through most of 2018.

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News•by Staff•December 11, 2018

Dealers Auto Auction Names GM for Tenn. Auction

Ryan Edwards has joined Dealers Auto Auction of Murfreesboro as the auction’s general manager.

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News•by Staff•December 6, 2018

Black Book Retention Index Rises for Seventh Consecutive Month

November’s Index registered at 116.5, a 0.2% gain from the previous month.

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News•by Staff•December 5, 2018

KAR Acquires Europe-Based Online Auction Company

KAR Auction Services, Inc. has reached a definitive agreement to acquire CarsOnTheWeb (COTW), an online auction company serving the wholesale vehicle sector in Continental Europe, according to a company announcement.

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News•by Staff•December 5, 2018

Seasonal Depreciation Hits Small Pickups

The small pickup segment experienced its highest depreciation of the year last week, according to Black Book’s Dec. 3 Market Insights report.

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News•by Staff•December 4, 2018

Pickups and SUVs Drive Up New Car Prices in November

One tactic that OEMs are leveraging in order to offset some of this growth is the use of incentives.

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News•by Staff•December 1, 2018

Used Fleet Vehicle Prices Fell 2% in October

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

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News•by Staff•November 29, 2018

NAAA Inaugurates Bailey as President

Chad Bailey, president of Akron Auto Auction, has officially taken over as president of the National Auto Auction Association (NAAA).

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