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Fleetby StaffSeptember 6, 2023

Recovering Fleet Sales Outpace Retail Sector

U.S. fleet sales for August were strong and reached levels for the month not seen since 2019.

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Operationsfrom News/Media ReleaseSeptember 6, 2023

ACERTUS Purchase of RCG Logistics Builds on Growth Strategy

The purchase will integrate RCG Logistics under the ACERTUS brand and is the fourth transaction for ACERTUS whose parent company MetroGistics previously acquired MetroTitle, Amerifleet, and McNutt.

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Used Vehicle Valuesfrom News/Media ReleaseAugust 17, 2023

Wholesale Used-Vehicle Prices Increase This Month

The conversion rate indicates that the first 15 days of August saw buyers with more bargaining power for this time of year.

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Used Vehicle Valuesfrom News/Media ReleaseAugust 15, 2023

Used-Vehicle Inventory Hits High Point for 2023

While the total supply of unsold used vehicles is down from the same time a year ago, they are up from the end of June.

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Fleetfrom News/Media ReleaseAugust 14, 2023

New-Vehicle Production and Sales Steady as Supply Declines

The average listing price of a vehicle remained above $47,000 since April, while the ATP of a new vehicle in July was $48,334 compared with $48,671 in June.

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Associationsfrom News/Media ReleaseAugust 14, 2023

American Recovery Association Hires Tony Long as New Executive Director

Long brings years of experience and strong industry connections as a former executive director of the International Automotive Remarketers Alliance and previously of the National Auto Auction Association.

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Fleetfrom News/Media ReleaseAugust 14, 2023

Cox Automotive Acquires Corcoran’s Mobile Services

The deal further positions Cox Mobility in the fleet maintenance sector and expands its servicing of light, medium, and heavy-duty trucks and trailers.

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Auctionsfrom News/Media ReleaseAugust 10, 2023

Tallahassee Auto Auction Names New General Manager

Jerry Cunningham brings over 20 years of experience in the auction industry as he joins just as the Tallahassee auction embarks on infrastructure upgrades to grow.

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Used Vehicle Valuesfrom News/Media ReleaseAugust 8, 2023

Wholesale Used-Vehicle Prices Fall Slightly in July

All major market vehicle segments saw price declines year over year and all were down compared to the previous months, except for one.

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Fleetfrom News/Media ReleaseAugust 4, 2023

July Fleet Sales Rebound to Near Pre-Pandemic Level

All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.

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