The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.
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Cox Automotive has awarded Linda Silverstein, general manager, remarketing and rental operations, Ford Motor Company, as this year’s Barbara Cox Automotive Woman of the Year.
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Due to the continued demand for larger vehicles, nearly every manufacturer in the U.S. saw higher average transaction prices in January, according to Kelley Blue Book.
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Volkswagen has agreed to pay $1.2 billion to buyers of vehicles powered by its 3.0L V-6 diesel engine that violated emissions regulations in a settlement that must receive a blessing from the U.S. Federal Trade Commission and a federal judge.
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Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.
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The International Automotive Remarketers Alliance’s (IARA) membership renewal and new member enrollment period for North American is now open and is available on the organization's newly designed website.
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While the truck segment had its best week — in terms of vehicle depreciation — last week, luxury cars saw values tumble, according to Black Book’s Jan. 31 Market Insights Report.
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Largo, Fla.-based Fleet Street Remarketing has hired Debbie Struna as national account manager. Struna left her role as Volkswagen of America's fleet account manager for the Pacific Region earlier this month.
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Avis Budget Group Inc. plans to report its fourth quarter and full-year 2016 results after market close on Wednesday Feb. 15.
Read More →America’s Auto Auction acquired Auction Broadcasting Company's eight auctions in the Midwest and Eastern seaboard in a move announced Jan. 27. In a related move, Xcira acquired the intellectual property and some personnel associated with ABC’s auction management system.
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