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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In December, the average mileage on rental risk units sold (38,600 miles) was similar to recent months, but it was 13% lower than a year ago, according to Manheim. The Manheim Index for December finished at 124.9, a decline of 0.6% year-over-year.
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Small cars are making a comeback to open the year, and Black Book believes the segment could be in for a good spring.
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The merger will consolidate the fleet-related services of both companies with the goal of targeting new markets and service lines.
Read More →Copart, Inc. is adding auction locations in Wyoming and Colorado, as well as expanding its Missouri auction.
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The 2017 Conference of Automotive Remarketing (CAR) is preparing itself for the largest gathering of consignors that the conference has ever seen.
Read More →The estimated average transaction price for light vehicles reached an all-time record high of $35,309 in December.
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Auction Academy finished the 2016 academic year with the graduation of its fourth class group in November and the completion of its final Seminar Series session.
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Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns.
Read More →For the past few years, a few of Copart’s 180 locations have independently donated to Toys for Tots, a U.S. Marine Corps Reserve program that collects and distributes toys to less fortunate children.
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Manheim Cincinnati is adding four lanes and has created a new sales schedule to improve dealer efficiency.
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