
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.
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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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Manheim has acquired Pacto São Paulo and is developing commercial partnerships with six other auction companies to invest in in Brazil.
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After several weeks of relatively stable average wholesale values, the car segment realized a sharp decline in wholesale values last week, according to Black Book’s July 31 Market Insights report.
Read More →Black Book's Used Vehicle Retention Index for July remains unchanged from June at a value of 113. The index has now moved positive or unchanged in three of the last four months.
Read More →About 68.8% of the people that applied for leases in June were approved, a 20% improvement over the month before, according to car lease marketplace Swapalease.com.
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PARS has hired Julie Allen as a regional sales manager for the Southeast region, the vehicle logistics company has announced.
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Manheim has named Nick Peluso as the president of Manheim Digital Marketplace, according to a company announcement. Peluso, who will also continue to serve as president of RMS Automotive, will report directly to Grace Huang, senior vice president of Inventory Services for Manheim.
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During a quarter where new-vehicle sales slipped, used-vehicle sales grew for Asbury Automotive, one of the six largest publicly traded dealer groups. However, while more used vehicles were sold, less gross profit was generated, and off-lease vehicles are partly to blame.
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Black Book looked at some popular trucks over the years and analyzed their valuations at recent collectible auctions:
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Kelly Blue Book expects 1.43 million new vehicles will be sold in July, which is 6% less than the same time last year. The forecast would put the seasonally adjusted annual rate at 16.7 million for the fifth month in a row with a new-vehicle SAAR below 17 million.
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The subcompact luxury crossover segment saw the highest depreciation among all segments last week, after several weeks of low depreciation, according to Black Book’s July 24 Market Insights report.
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