Vehicle Remarketing Logo

Operations

NewsJanuary 4, 2017

Weekly Depreciation Rates Lowest Since Summer

Cars and truck segments both had the smallest weekly rate of depreciation since summer, with truck values decreasing by 0.3% and cars depreciating by 0.42%, which was consistents with the prior week’s depreciation rate.

Read More →
NewsDecember 30, 2016

Collector Auto Auction to Feature Ford GT Prototype

Russo and Steele will be offering the first functional Ford GT prototype at its January auction in Scottsdale, Ariz.

Read More →
Newsby Andy LundinDecember 30, 2016

IARA Board Member to Retire From Kia

David Alfonso, a remarketing manager at Kia Motors America, has announced he will retire from the company on Jan. 3.

Read More →
Ad Loading...
NewsDecember 29, 2016

Weekly Luxury Vehicle Values Face Heavy Depreciation

While trucks had greater overall depreciation this week compared to cars, luxury vehicle segments showed weekly increase in depreciation in both categories.

Read More →
NewsDecember 27, 2016

KAR Raises Funds for United Way

KAR Auction Services, Inc. raised $242,884 for the United Way of Central Indiana (UWCI) during the company’s annual fundraising campaign.

Read More →
NewsDecember 27, 2016

Ariz. Auction to Feature John Lennon's Austin Princess

Barrett-Jackson will showcase its Salon Collection in Scottsdale, Ariz., which will include classic cars that were affiliated with renowned figures in pop culture.

Read More →
Ad Loading...
NewsDecember 23, 2016

Top 10 Vehicle Remarketing Articles of 2016

Readers of VehicleRemarket.com gravitated to trending topics such as managing depreciation, technological updates, General Motors' online used-vehicle program, truck depreciation, and lists of the best used cars by mainstream media outlets.

Read More →
NewsDecember 22, 2016

Edmunds: New-Vehicle Sales Record in Reach

Edmunds.com is forecasting the sale of 1,629,011 new cars and trucks in December. If realized, the prediction puts the seasonally adjusted annual rate (SAAR) at 17.7 million, an 18.5% increase from the same time last year.

Read More →
NewsDecember 22, 2016

Subprime Car Buyers to Feel Fed's Rate Hike, Analyst Says

For the second time in 10 years, the Federal Reserve's Federal Open Market Committee unanimously voted to raise the federal interest rate on Wednesday, Dec. 14, increasing it by a quarter of a point to a range of 0.50% to 0.75%.

Read More →
Ad Loading...
NewsDecember 22, 2016

ServNet Highlights 2016 Accomplishments

In the past year, ServNet acquired four new auctions to its group, and expanded several existing locations.

Read More →