News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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Enterprise Car Sales is now a preferred used car provider for Navy Federal Credit Union. As part of the agreement, Enterprise Car Sales and Navy Federal will periodically team up to offer promotions catered to Navy Federal members.
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Over the past four years vehicle depreciation rates have remained below 14% for two- to six-year old vehicles, but that is anticipated to change for 2016. In 2016, depreciation rates are expected to climb to 15%. Further analysis of the market shows how cars, SUVs, and trucks fared in 2015.
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The 2016 Conference of Automotive Remarketing (CAR) took place March 16-17 at Caesars Palace, Las Vegas. Now in its 21st year, CAR delivered high-quality discussions and information on subjects ranging from automating the if-bid system to how to maximize auction earnings to a look forward to residual values for 2016-2017. In addition, attendees had plenty of opportunities to network and build their personal and professional connections. Photos by Chris Wolski and Steve Reed.
Read More →TradeRev unveiled their updated online vehicle remarketing system, which now comes equipped with a new lineup of features including vehicle analytics.
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Michael Briggs, president and CEO of ADESA subsidiary CarsArrive Network (CAN), will expand his role within the company to also oversee RDN.
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Newly named President Gary Mott outlines FLD's short-term focus on new technologies; its near-term focus on cloud-based inventory management; and a long-term goal of international expansion, particularly in South America.
Read More →Manheim has named four leaders to general manager roles in Florida, Georgia, North Carolina and Utah.
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Five remarketing industry professionals received top honors at the Conference of Automotive Remarketing (CAR) with the awarding of the 2016 Consignor of the Year, Remarketer of the Year, Industry Leadership Award, and the Ed Bobit Icon awards.
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KAR Auction Services and TradeRev announced that Keith Crerar has been hired by TradeRev as the EVP of the company's U.S. operations.
Read More →Manheim kicked off its month-long “Pump Up Your Volume” campaign on Monday. It's designed to promote the quantity and selection of inventory from key consignors as well as Manheim's large selection of sought-after luxury and non-luxury certified pre-owned vehicles in its inventory.
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