Adesa Rebrands to OPENLANE in Europe
The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.
The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.
Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
Here are the latest fleet trends to keep an eye on in an ever-evolving industry.
Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.
The auction executives who run an operation with 100+ employees completed the prestigious two-year Auction Academy program.
Two colleagues who've worked together many years now take on complementary roles at major auction sites in the South.
Electric vehicles can burn at twice as hot as magma, but advances in battery technology and operational practices will further reduce the chances of a catastrophic fire.
The enhanced rapid cameras spread across dealer check-in, commercial check-in, and post-reconditioning are designed to capture nearly 1,900 vehicles each day.
The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards, and industry education.
The fast-moving merger of digital and smart technologies is leading to more accurate vehicle inspections, thereby reducing liability, disputes, and losses for remarketing and rental car businesses.
Big data analytics, coupled with innovative technology solutions, are revolutionizing the car rental industry, helping companies drive efficiency, profitability, and growth.
After a 41-year career at Cox Automotive, current CFO Mark Bowser will retire this year and Senior Vice President of corporate development Scott LeTourneau will take his place on September 19.
Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
Amid a nationwide shortage of truck technicians and automotive mechanics, the fleet services division finds a way to keep and train enough vocational talent for long-term careers that meet maintenance demand.
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