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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 StaffOctober 9, 2018

Manheim Investing $100M in Digital Platforms

This investment follows years of online sales growth for Manheim. During the first half of 2018, digital sales for Manheim grew by 45% year-over-year. In 2017 sales were up 39% year-over-year during the same time period.

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Newsby StaffOctober 8, 2018

Wholesale Used Values See Small Bump in September: Manheim

Segments such as compact cars and mid-size cars are outperforming the overall market. Meanwhile, vans, utility vehicles, and pickups are under performing the overall market.

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Newsby StaffOctober 5, 2018

Auto Auction Services Corp. CEO to Retire

Auto Auction Services Corp. has announced that its president and CEO, Mike Broe, will retire on Dec. 31, 2018, according to a company announcement.

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Newsby StaffOctober 3, 2018

Crossovers, Pickups, and Mid-Size Cars Grow Used Values in September

Overall used vehicle values were strong in September, and five key segments played a key role in that strength, according to Black Book’s monthly Used Vehicle Retention Index.

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Newsby StaffOctober 2, 2018

Sedan Depreciation Accelerates for Second Week

Overall car segment values declined 0.25% last week, compared to 0.2% the week prior. These two weeks of accelerated depreciation follow more than two months of strong car segment values.

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Newsby StaffOctober 1, 2018

Leasing Preferences Shifting Toward Trucks: Swapalease

Retail customers may be moving away from luxury vehicles and toward trucks and SUVs for their leases, according an analysis from Swapalease.com.

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Newsby StaffSeptember 27, 2018

IAA Expands Towing App in Response to Florence

Insurance Auto Auctions (IAA) is expanding the launch of its new towing app to aid towing and hauling contractors transporting vehicles impacted by Hurricane Florence and the resulting flooding.

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Newsby StaffSeptember 26, 2018

New Vehicle Sales Declined Slightly in September: Edmunds

Edmunds is forecasting 1,392,434 new vehicles sales through September, representing a 5.4% decline from March and an 8.3% decline from the same time last year.

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Newsby StaffSeptember 25, 2018

TradeRev Expands to Kentucky, Tennessee

TradeRev has expanded its dealer-to-dealer digital auction platform services into five new markets across the United States.

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Newsby StaffSeptember 25, 2018

ServNet Auctions Bolster Sales with Special Events

Several ServNet auctions consigned roughly 8,000 vehicles during special events at a number of locations this summer, and the organization has plans to host more events in the coming months.

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