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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PSA Group has created Carventura.com, a peer-to-peer used car marketplace, as a way to bolster its presence in the peer-to-peer marketplace in France, according to a company announcement.
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Black Book will begin offerings it valuation data AutoAlert, a data-mining and communication solution, under a new partnership. Under this agreement, Black Book will populate AutoAlert’s algorithms with its proprietary vehicle values, the company has announced.
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KAR Auction Services' TradeRev has named several associates to executive roles and expanded the responsibilities of Keith Crerar, executive vice president, the company has announced.
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While average wholesale prices in Houston remain elevated, vehicles throughout the rest of the country saw higher rates of depreciation last week, according to Black Book’s Oct. 16 Market Insights report.
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Manheim Puerto Rico hosted its first post-hurricane sale on Oct. 12 — 200 vehicles were offered for sale, the auction announced. Of those, 70 sold and an additional 30 vehicles are pending sale.
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The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.
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Automotive Fleet Editor Mike Antich visited the PARS company headquarters in early October, where met with leaders of the vehicle transportation company. Read more here. Photos by Mike Antich.
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Online used car retailer Carvana has expanded its next-day shipping to Albuquerque, N.M., according to a company announcement.
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RMS Automotive has enhanced its MOVE dealer web portal for French manufacturer PSA Group's vehicles. PSA Group uses the upstream remarketing platform in 22 countries to for Peugeot, Citroen and DS Automobiles brands.
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Although bidding activity has begun to slow down after weeks of increased lane activity after the recent hurricanes, overall segment depreciation remains at steady levels, according to Black Book’s Oct. 9 Market Insights report.
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