News
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
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MetroGistics Holdings has acquired a title and registration services company that services the fleet industry and auto dealers to further expand its reach as a vehicle logistics organization.
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Auction leaders raised over $50,000 in November to go toward melanoma research at the Winship Cancer Institute of Emory University, in honor of Henry Stanley, the owner of the Carolina and Indiana Auto Auctions and previous winner of Bobit Business Media’s Remarketer of the Year Award.
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Voting has opened for the 2018 Consignor of the Year, an award sponsored by Bobit Business Media and the National Auto Auction Association.
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The average transaction price for a new vehicle in November was $35,870, a 1.6% rise from the same time last year, according to Kelley Blue Book.
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Manheim is investing $17 million into its Retail Reconditioning solution — a service that provides dealers an alternative to in-house reconditioning — to enhance its current reconditioning locations and develop proprietary technology to enhance the solution.
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Sporty cars and compact vans saw the heaviest depreciation last week, according to Black Book’s Nov. 27 Market Insights report.
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ALG has named Subaru and Land Rover as having the best overall residual values of the 2018 model year in its annual retail-based analysis, the TrueCar Inc. subsidiary announced.
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Carvana has expanded its presence in California with the addition of Bakersfield, Calif. to the list of cities it offers next-day delivery to, marking the company’s 40th market since its inception.
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New vehicle sales are expected to reach 1.36 million units in November, a 1% drop from the year before, and an estimated 17.1 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.
Read More →AutoServ has begun offering its revamped logistics management tool that was developed to help charities manage donations of used vehicles to a broader audience, the company announced.
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