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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Franchised dealers in East Coast markets, including northeast Ohio, Washington, D.C., and eastern Massachusetts, have begun using ACV Auctions' mobile app that takes a vehicle condition report and alerts buyers that a 20-minute auction has begun.
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IronPlanet has named Ken Calhoon as vice president of data analytics and machine learning.
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Toyota, Porsche, General Motors and Subaru were some of the big winners in Kelley Blue Book’s 2017 Best Resale Value Awards, annual awards that recognize vehicles expected to best retain their value over the first five years of ownership.
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The industry is expected to sell 1.13 million new vehicles in January, a 3% decline over the same time last year, and a 33% decline from the month before, according to Kelley Blue Book, resulting in a seasonally adjusted annual rate (SAAR) of 17.4 million.
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Car segments are retaining their values better than they have in the past six months.
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By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.
Read More →Manheim has released a set of updates for its website and mobile application meant to improve efficiency at auction.
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Alliance Inspection Management (AiM) has hired Timothy Walker as its vice president of Product Development.
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J.D. Power has released a benchmarking product that was designed as an informational resource for vehicle manufacturers, captive finance companies and lenders that it's calling J.D. Power Residual Values.
Read More →Alliance Inspection Management (AiM) has added AiM Verify, a new wholesale floor plan audit platform, to its growing suite of apps and technology tools.
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