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.
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.
Wholesale depreciation inched upward last week, as mid-size cars and luxury vehicles continue to see their prices at auction fall, according to Black Book’s June 11 Market Insights report.
Read More →
The structure stands eight stories tall and holds 30 vehicles, similar to other Carvana vending machines. This marks the 11th vending machine nationwide and the third vending machine in Florida for Carvana.
Read More →
Vehicle remarketing and technology solutions provider KAR Auction Services Inc. has named Joe Oliveri vice president of the company’s Autoniq business unit, which provides mobile and digital vehicle pricing and evaluation reports.
Read More →
Wholesale values held strong in May, registering a 112.9 in Black Book's Used Vehicle Retention Index. A stable used market, the company noted, kept values high during a month where wholesale values typically dip.
Read More →Carvana has opened up a new car vending machine in Washington, D.C., making this the third vending machine the company has opened this year, and the tenth overall, according to a company announcement.
Read More →
Mercedes-Benz has provided pricing for its three-tier subscription service, while Fiat Chrysler Automobiles will offer Jeep Wave that will also allow drivers to use a vehicle for a monthly fee across three levels similar to a short-term rental.
Read More →
Depreciation for both cars and trucks were at higher levels than what’s been observed in the last few weeks, in large part due to the weak performance of luxury vehicles.
Read More →
MetroGistics has rebranded itself as Acertus to reflect its acquisitions of McNutt, AmeriFleet, and Metro Title Services in recent years as the vehicle logistics provider moves to position itself as a one-stop shop for vehicle lifecycle solutions.
Read More →
Utility vehicles and pickups played a large part in driving up the average transaction price for a new vehicle to $35,635 in May, a 3.4% increase over the same time last year, according to Kelley Blue Book.
Read More →
The loan amount for a new vehicle in the first quarter of 2018 was $31,445, $921 higher than the same period in 2017. In the used segment, the average loan amount for a vehicle was $19,536, $410 higher compared to the year-ago period.
Read More →