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Operationsby StaffNovember 28, 2017

Compact Vans See Highest Weekly Depreciation

Sporty cars and compact vans saw the heaviest depreciation last week, according to Black Book’s Nov. 27 Market Insights report.

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Operationsby StaffNovember 27, 2017

Subaru, Land Rover Earn Top ALG Residual Value Awards

ALG has named Subaru and Land Rover as having the best overall residual values of the 2018 model year in its annual retail-based analysis, the TrueCar Inc. subsidiary announced.

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Operationsby StaffNovember 24, 2017

Carvana Expands Into Bakersfield, Calif.

Carvana has expanded its presence in California with the addition of Bakersfield, Calif. to the list of cities it offers next-day delivery to, marking the company’s 40th market since its inception.

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Operationsby StaffNovember 23, 2017

New-Vehicle Sales Expected to Drop 1% in November

New vehicle sales are expected to reach 1.36 million units in November, a 1% drop from the year before, and an estimated 17.1 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.

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Operationsby StaffNovember 22, 2017

AudoServ Reboots Logistics Management Tool for Donated Vehicles

AutoServ has begun offering its revamped logistics management tool that was developed to help charities manage donations of used vehicles to a broader audience, the company announced.

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Operationsby StaffNovember 22, 2017

LeasePlan USA Names Remarketing Director

LeasePlan USA has hired Phil Schappert as director remarketing to oversee vehicles through a variety of channels, the Alpharetta, Ga.-based fleet management company announced.

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Operationsby StaffNovember 21, 2017

Vehicle Depreciation Reaches 'Seasonal High Declines'

Both car and truck wholesale values continued to fall last week, according to Black Book’s Nov. 20 Market Insights report.

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Operationsby StaffNovember 20, 2017

Clauss Assumes NAAA Presidency

The National Auto Auction Association (NAAA) has named Warren Clauss as president for the 2017-2018 term. Clauss assumed the post during the association's 69th annual convention in La Quinta, Calif. earlier this month.

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Operationsby StaffNovember 17, 2017

Lease Credit Approvals Rise to 55% in October

Lease credit approval ratings came in at 55.6% in October, an improvement over the 47.6% approval rating registered the month before, according to data from Swapalease.com.

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Operationsby StaffNovember 17, 2017

Five Independent Auto Auctions Join DealShield Network

The five independent auctions that will be joining include Big Valley Auto Auction, Corpus Christi Auto Auction, Greater Milwaukee Auto Auction, Houston Auto Auction, and San Antonio Auto Auction.

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