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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•May 12, 2018

Fleet Lease Consignor Prices Up 6.6% in March

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

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News•by Staff•May 12, 2018

Cars Outpace Trucks, Vans in April Depreciation

Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.

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News•by Staff•May 11, 2018

Avis Opens New Car Sales Locations

All vehicles are Avis Certified — meaning they have passed a rigorous multi-point, bumper-to-bumper inspection process completed by certified mechanics, including ASE-Certified and ASE Master Technicians.

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News•by Staff•May 9, 2018

Car Values Start to Level Off

Car values were up for the second month in a row last week, however, the segment's wholesale values show signs of leveling off, according to Black Book’s May 7 Market Insights report.

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News•by Staff•May 9, 2018

Carvana Debuts Second Vending Machine in North Carolina

Carvana has opened its newest car vending machine in Charlotte, N.C., bringing the number of vending machines it operates nationwide up to nine and the number it operates in the state up to two, according to a company announcement.

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News•by Staff•May 9, 2018

SmartAuction Adds Listings From Westlake Financial Services

Westlake Financial Services will now list its vehicles on SmartAuction, as part of an agreement between Westlake and Ally Financial, according to a company announcement.

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News•by Staff•May 8, 2018

AutoNation Boosts Used Vehicle Sales, Profit

AutoNation saw more used vehicle sales and higher used vehicle profits during its most recent quarter, on a same-store basis, according to AutoNation’s first quarter earnings call.

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News•by Staff•May 7, 2018

Avis Grows Revenue 7%, Record $2 Billion in Q1

Revenue growth was driven by a 5% increase in total rental days and strong pricing.

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News•by Staff•May 5, 2018

Used Vehicles That Retain Most Value After 1 Year Named

The Jeep Wrangler Unlimited retained the highest percentage of its value after the first year of ownership, according to analysis conducted by ISeeCars.com, a consumer shopping portal for used cars.

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News•by Staff•May 5, 2018

IAA Opens New Branch in Wyoming

Insurance Auto Auctions, a business unit of KAR Auction Services, has opened a new branch in Casper Wyoming, according to a company announcement.

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