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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 7, 2018

Avis Grows Revenue 4% in Q2

Net income improved to $26 million and adjusted net income increased 84% to $46 million, or $0.57 per diluted share.

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Newsby StaffAugust 6, 2018

Hertz Reports $2.4B Q2 Revenue

For the second quarter 2018, total revenues were $2.4 billion, a 7% increase versus the second quarter 2017.

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Newsby StaffAugust 6, 2018

Toyota Financial Services CEO to Retire

Mike Groff will retire as president and chief executive of Toyota Financial Services (TFS) at the end of this month, and will give way to Mark Templin, who has been serving as chairman of the board of Toyota Motor Credit Corp., the captive finance company has announced.

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Newsby StaffAugust 6, 2018

TradeRev, CarsArrive Offer Free Vehicle Transportation

TradeRev is offering free vehicle transportation for dealers purchasing vehicles in qualifying states. TradeRev and CarsArrive Network are business units of KAR Auction Services Inc.

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Newsby StaffAugust 2, 2018

KAR Appoints President of Service Contract Business Unit

Edmund Field will act as president of the company, which offers extended service contract protection plans for pre-owned vehicles at independent used car dealerships and at small franchise retail automotive and power sport dealers.

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Newsby StaffAugust 1, 2018

IAA Adds Tampa-Area Auction

The new 9,000-square-foot facility will sit atop 40-acres of land and marks the 11th IAA facility in Florida.

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Newsby StaffAugust 1, 2018

Vans, Pickups, and Sporty Cars Drive Down Weekly Depreciation

Depreciation rates fell to two-month lows for both cars and trucks last week, propelled by strong performances from vans, pickups, and sporty cars.

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Newsby StaffJuly 31, 2018

Values of Discontinued Vehicles Can Surge at Auction

As an example of this analysis, Black Book data shows that the Toyota FJ Cruiser, whose last model-year was 2014, has actually gone up in value by 25.7% compared to other vehicles that were listed in its segment.

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Newsby StaffJuly 30, 2018

Analysts to Discuss Remarketing Trends at 2018 IARA Summer Roundtable

Tom Kontos and Charles Chesbrough will lead a discussion on economic trends affecting the remarketing industry at the upcoming 2018 IARA Summer Roundtable.

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Newsby StaffJuly 27, 2018

IAA Opens Modernized Facility in Kansas

The new facility offers more than twice the storage of the previous Wichita-located facility, and features expanded drop zones and an improved vehicle inspection center.

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