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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 StaffJuly 17, 2018

Small Vehicles Keeping Weekly Wholesale Values Stable

Low depreciation among sporty cars and small sedans and SUVs helped maintain weekly wholesale values at stable levels last week, according to Black Book’s Market Insights for July 16.

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Newsby StaffJuly 17, 2018

Kia Growing Certified Pre-Owned Sales

Kia Motors America sold 39,954 certified pre-owned vehicles through the first half of 2018, marking a record high for the company.

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Newsby StaffJuly 16, 2018

Wholesale Fleet Vehicle Values Fall 1% in June

Off-lease fleet vehicles sold in the wholesale market at auction fell 1% in value in June from the prior month but increased 7% from a year ago, according to Tom Kontos, KAR Auction Services' chief economist.

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Newsby StaffJuly 13, 2018

Lease Approvals Tumble in June

Lease credit approvals on Swapalease’s marketplace took a small dip in June, falling to 68.4%, the company noted in an announcement.

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Newsby StaffJuly 12, 2018

June Wholesale Prices Reach Highest Point in 2018

Wholesale prices had been on the decline since April 2018, however, a strong showing in June bucked that trend and moved current wholesale price performance ahead of last year.

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Newsby StaffJuly 11, 2018

Alliance Auto Auction Raising Money for Human Trafficking Victims

For every vehicle that the auction group sells in 2018, it will donate a portion of the proceeds to the foundation. The auction group's goal is to raise $50,000 this year.

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Newsby StaffJuly 10, 2018

Sen. Schumer Calls for 'Flood Check' in Used Car Buyers Guides

More stringent guidelines may be coming to used car Buyers Guides, the document that dealers need to include in every used car they offer for sale, according to the Associated Press.

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Newsby StaffJuly 10, 2018

Wholesale Market Sees Four Weeks of Stable Depreciation

Overall, car segment values decreased 0.34% last week, compared to 0.30% the week before. Truck segment values decreased 0.25% last week, the same decline the segment experienced the week before.

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Newsby StaffJuly 9, 2018

Toyota Financial Services Names CIO

Toyota Financial Services USA has named Vipin Gupta as its new chief information officer and group vice president, the company has announced.

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Newsby StaffJuly 6, 2018

Tariffs May Hurt Used Car Market

The escalating trade disputes between the U.S. and Europe may have an adverse effect on the used car market.

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