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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•July 24, 2018

Wholesale Values Stable as Vans and Small Cars Thrive

A strong retail market has led to fewer no sales and continued stable wholesale prices, according to Black Book’s July 23 Market Insights report.

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News•by Staff•July 23, 2018

June Depreciation Reaches 5-Year Low

Economic growth and positive consumer sentiment helped drive June’s depreciation rates to the lowest levels seen in five years, according to Black Book.

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News•by Staff•July 20, 2018

ADESA Names Manager Pair, Sales Director

ADESA has named managers for auction locations in San Diego and San Jose as well as a new executive sales director for the company, corporate parent KAR Aucton Services, Inc. has announced.

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News•by Staff•July 20, 2018

LeasePlan's Smolka Keynoting IARA Summer Roundtable

The International Automotive Remarketers Alliance (IARA) has announced that Felipe Smolka, executive vice president of transformation for LeasePlan USA, will be providing a keynote presentation at the 2018 IARA Summer Roundtable.

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News•by Staff•July 19, 2018

J.D. Power: Wholesale Prices Decline in June

June was an especially strong month for the used-vehicle market, resulting in J.D. Power Valuation Services’ Seasonally Adjusted Used Vehicle Price Index increasing 1.2 points from May to 118.2. Compared to a year ago, the index was up 4.1 points.

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News•by Staff•July 18, 2018

Manheim Sees Record Digital Adoption in First Half

The Manheim Marketplace achieved record growth across its digital channels in the first half of 2018, including double-digit growth in digital transactions, volume and sales as wholesale vehicle buyers and sellers continue to adopt a faster, more cost-effective way to move inventory.

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News•by Staff•July 17, 2018

Final VW Diesel Modification Approved

Volkswagen has gained approval from air regulators of the final modification plan for the remaining vehicles that contain software designed to defeat emissions tests, the California Air Resources Board has announced.

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News•by Staff•July 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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News•by Staff•July 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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News•by Staff•July 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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