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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Mid-size car retention rates for model-year vehicles older than two years dropped this year after remaining steady for the previous four years.
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Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.
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instaVIN, a provider of vehicle history reports and technology products, has named Edie Hirtenstein director of business development. The 14-year automotive industry veteran will be responsible for managing customer relationships and identifying and implementing products and services that could further expand the business, according to the company.
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The global alternative investments firm acquired J.D. Power and Associates from S&P Global, formerly known as McGraw Hill, for $1.1 billion.
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The values of sub-compact cars have depreciated an average of 24.2% in a year, which ranked at the top of the vehicle classes tracked by Black Book.
Read More →Vehicle remarketers have been pushed to follow more and more regulatory compliance procedures for financial institutions and other consignors while handling wholesale vehicle sales, ServNet's CEO told Vehicle Remarketing Reporter.
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Manheim’s senior vice president of vehicle solutions has been named president of financial solutions for Cox Automotive.
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KAR Auction Services has promoted Stacey White to senior vice president of enterprise optimization, where she will oversee transportation at the corporate level.
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Sub-compact car retention rates for model-year vehicles older than two years has steadily declined in the month of August in the last five years, with 2014-model year vehicles falling about 30% more than comparable 2010-model year vehicles.
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Manheim has named John Eriksen to GM of Manheim Baltimore-Washington to focus on serving clients and improving auction experience.
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