REPORTER

Average wholesale prices for used vehicles remarketed by fleet leasing consignors increased 4.6%...

February Used Fleet Values Outpaced Rest of Market

The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.

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The 2019 Car Conference will take place on March 25-27. The Emerging Trends in Remarketing...

FMC Remarketers to Discuss Emerging Trends at CAR

The 2019 Conference of Automotive Remarketing is less than two weeks away, and this year, the annual conference will feature a panel discussion led by managers of some of the leading commercial fleet leasing companies.

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Vincent Auto Solutions' inventory consists of late-model salvage cars, trucks, ATVs, marine,...

Copart Acquires Online Auction Company

Copart has acquired Vincent Auto Solutions, an online auction that specializes in total-loss, fleet and damaged vehicles.

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NAAA Recognizes Safety Initiatives of Two Remarketing Professionals

The recipients of the recognition were David Vignes, KAR Auction Services president of remarketing services, and Kenny Jones, Cox Automotive Safety and Environmental senior director.

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The index fell 0.8% to 114.5, a third straight monthly decline that completes a full percentage...

Used Vehicle Values Hit 3-Month Skid

Analysts say a late start to the spring selling season could be to blame for a third consecutive monthly decline in Black Book’s Used Vehicle Retention Index.

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Two Michigan men allegedly conspired to steal 61 diesel Volkswagen and Audi vehicles.

Two Charged With Stealing Diesel VWs

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked at the Pontiac Silverdome, U.S. Attorney Matthew Schneider announced March 11.

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Among trucks, full-size vans and small pickups had the best showing last week. Full-size vans...

Weekly Luxury Vehicle Values Fall at Auction

Luxury car and truck values fell last week, as demand continues to climb for more affordable vehicles, according to Black Book's March 11 Market Insights report.

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