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Used Vehicle Valuesby StaffAugust 21, 2019

GMC Sierra 3500 Tops Resale Value List

The trucks and vans that topped J.D. Power's lists for 2019 Resale Value awards include the GMC Sierra 3500, Toyota Tundra, Toyota Tacoma, and Honda Odyssey minivan, the firm announced.

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Banks and Credit Unionsby StaffAugust 20, 2019

Lease Credit Approval Rates Rise to 69.1% in July

Swapalease.com, a car lease marketplace, reports car lease credit applicants registered a 69.1% approval rate in July, a rise from the June rate of 65%.

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Auctionsby StaffAugust 19, 2019

Tallahassee Auto Auction Names Myrick General Manager

Timothy Myrick, who recently worked in Tallahassee Auto Auction’s fleet/lease division, will assume the position.

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Fleetby Mike AntichAugust 19, 2019

In Memoriam: IFS Founder Tim Janssen

Tim Janssen, the retired president of IFS (Innovative Funding Services LLC), passed away on Aug. 14 in Largo Vista, Texas. He was 55. Janssen founded IFS in 2007 and served as president of IFS for more than 12 years until his retirement in Jan. 1.

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Operationsby Tariq KamalAugust 16, 2019

Dealer Days' Supply Hits 71 on Weaker Sales

The number of unsold new cars and light trucks at U.S. dealerships reached nearly 3.8 million at the start of August, a 71-day supply.

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Technologyby StaffAugust 16, 2019

Manheim Boosts Investment in Simulcast

Manheim is boosting investment in its Simulcast technology and will be add new features to the system, the company announced.

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Operationsby StaffAugust 16, 2019

Carvana Unveils First Vending Machine in California

The vending machine, which will stand eight stories high and hold 30 vehicles, will be located in the Westminster, Calif., a city roughly 30 miles south of Los Angeles.

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Operationsby StaffAugust 15, 2019

NAAA Names Western Chapter Auto Auction of the Year

The award was established in 2016 and recognizes the charitable acts that auctions perform in order to encourage greater volunteer involvement.

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Technologyby StaffAugust 14, 2019

TradeRev Expands to Two New Markets

TradeRev has expanded its digital platform to two new markets: Kansas City, Mo. and Minneapolis, the company announced.

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Used Vehicle Valuesby StaffAugust 13, 2019

Vans, Pickups, and Compact Cars Outperformed Average Wholesale Market

Van, pickup, and compact car wholesale values stood out last week, amid a fairly stable wholesale market, according to Black Book's Aug. 12 Market Insights report.

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