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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 6, 2018

New Vehicle Prices Up 2% in June: KBB

Although new-vehicle sales are expected to contract in the coming months, the average price for those vehicles is expected to rise, thanks in part to the continued shift in demand toward larger vehicles.

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Newsby StaffJuly 6, 2018

Small Cars and SUVs Drive Wholesale Values in June

The strongest segments through June were subcompact and sporty sedans. These segments both saw their values increase by over 1% through the month, at 1.4% and 1.2%, respectively.

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Newsby StaffJuly 5, 2018

Stage Set for New-Vehicle Sales Contraction: Edmunds

Auto loan interest rates in June likely reached their highest level in nine years, Edmunds reported, a week after saying a strong economy is likely masking market factors bubbling just below the service that could start to slow down sales.

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Newsby StaffJuly 3, 2018

Wholesale Values Remain Stable at Start of Summer

Wholesale values continued to see little change last week, although demand for sporty cars appears to be dwindling as the average value of that segment has begun to drop.

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Newsby StaffJune 29, 2018

New-Vehicle Retail Sales Rise 5% in May

New vehicle retail sales increased 5% year-over-year in May, however, the amount of people reporting that they’ll buy a new vehicle in the second half of 2018 is on the decline, according to Cox Automotive’s June 2018 Industry Update.

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Newsby StaffJune 29, 2018

Dealers Auto Auction Group Acquires Tennessee Auction

Dealers Auto Auction Group (DAAG) has purchased Tri-Cities Auto Auction in Bluff City, Tenn., and will be renaming it to Dealers Auto Auction of East Tennessee.

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Newsby StaffJune 27, 2018

Winning Bid Raises $26,500 for Charity at ADESA Auction

All of the proceeds of the sale are going to the NIADA Foundation, and the vehicle will be delivered to Haus for free by ADESA. The NIADA Foundation awards scholarships to deserving college-bound students across the U.S.

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Newsby StaffJune 26, 2018

Sporty Car Values at Auction Enjoy Summer Boost

Sporty and luxury car depreciation improved last week, however, mid-size car depreciation offset the improvement experienced by those segments, according to Black Book’s June 25 Market Insights report.

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Newsby StaffJune 25, 2018

Manheim Completes $400M Operational Upgrade

The initiative began in 2014, when the company first announced that its $400 million multiple-year project to transform its auction operations. In that time Manheim brought enhancements to both its physical and digital properties.

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Newsby StaffJune 22, 2018

Ready Logistics and NextGear Capital Enhance Transportation Financing Program

Ready Logistics and NextGear Capital have added a new feature to their Transportation Financing program that makes it simpler for their auction clients to add transportation costs to their floor plans.

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