News
Commercial Fleet Sales Contribute To June, YTD Gains
The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
Read More →The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
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KAR Auction Services ADESA unit is partnering with fleet management company Emkay to raise $267,000 over six years to support JDRF, which funds type 1 diabetes research.
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The acquisition of STRATIM will supplement KAR’s portfolio of wholesale used vehicle physical, online, and digital auction marketplaces and ancillary service providers.
Read More →Motorlease Corp. has promoted Jeffrey Perkins to the position of vice president of operations, where he will focus on strategic planning and analysis; relationship management; and process development and implementation.
Read More →IARA’s keynote address, which will be delivered by ARI’s COO Bob White, will be kicking off the first day of the Conference of Automotive Remarketing (CAR) at Caesars Palace Las Vegas on March 6.
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Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
Read More →Bob White, executive VP and COO for ARI, will be the opening keynote speaker for the International Automotive Remarketing Alliance (IARA) Roundtable meetings, which will be held concurrently at the 2018 Conference of Automotive Remarketing (CAR) at Caesars Palace Las Vegas, March 6 to 7, 2018.
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As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.
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Dave Hansen, who previously served as general manager of GM Fleet & Commercial Operations for General Motors before his retirement, was inducted into the Fleet Hall of Fame at the 2017 AFLA Conference.
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Steve Bloom, who was previously the president of Enterprise Fleet Management before his retirement, was inducted into the Fleet Hall of Fame at the 2017 AFLA Conference.
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Mark Cangialosi, director, fleet procurement for The Hertz Corporation, is a new member of IARA, and he sits on the association's board of directors. But IARA is not new to Hertz. Cangialosi worked with IARA on Hertz's Second Key initiative.
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