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.
Read More →
Five ADESA auctions remained closed Monday as Hurricane Irma moved through Georgia and Alabama, and two ADESA auctions in those states curtailed hours and staff, the KAR Auction Services unit announced.
Read More →
Wholesale used vehicle prices — on a mix-, mileage-, and seasonally adjusted basis — increased 0.75% month-over-month in August, bringing the Manheim Used Vehicle Value Index to a record high of 131.3.
Read More →
Greg Janik, president of the Automotive Fleet & Leasing Association (AFLA) from 1986-1987, passed away on Sept. 8. He was 74. Janik was a long-time member of AFLA and a strong supporter of the fleet industry.
Read More →
Through the first eight months of this year, a total of 11,308,631 new-vehicles have been sold, a 2.8% decline compared to the same time last year, according to Kelley Blue Book’s Monthly Light Vehicle Sales Report.
Read More →
Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.
Read More →
Private equity investors The Carlyle Group have acquired United Road Services, a vehicle logistics company based in Romulus, Mich., from Charlesbank Capital Partners, the firm has announced.
Read More →
Car and truck segments saw lower overall depreciation rates last week, according to Black Book's Sept. 4 Market Insights report.
Read More →
Houston's auto auctions have begun assessing the impact of Hurricane Harvey so they can resume full business activity to supply replacement vehicles for those who lost cars, trucks, and SUVs in the flood.
Read More →
The former International Automotive Remarketers Alliance chairman and president was the picture of remarketing leadership. After nearly a decade as LeasePlan USA’s director of remarketing, Levi McCoy is moving onto the next phase of his life.
Read More →
While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.
Read More →