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Manheim to Invest $13M in Safety Training

Manheim to Invest $13M in Safety Training

Manheim will invest $13 million over the next three years in a wide-ranging program to create a safety culture at its auctions, the Atlanta-based company announced.

November 12, 2018

Hertz Closes Q3 with $2.8B Revenue
Used-Car Prices Reach 13-Year High in Third Quarter
Compact Van Values Dip at Start of November
Avis Grows Q3 Revenue to $2.8B

Avis Grows Q3 Revenue to $2.8B

Revenues grew to a record $2.8 billion in the third quarter on both higher volume and increased underlying pricing in the Americas.

November 5, 2018

Used Vehicle Values Rise at Slower Pace in October
Manheim Expanding Mobile Auction Network

Manheim Expanding Mobile Auction Network

Manheim has expanded its mobile auction network this year, and plans to expand its network further into new cities in the northeast, Midwest, mid-Atlantic, and southeast in order to meet dealer and consignor demand for remarketing options in those cities.

November 5, 2018

Peterbilt Provides Used Truck Warranty
More Loans, Fewer Leases for GM Financial in Q3

More Loans, Fewer Leases for GM Financial in Q3

General Motors Financial Company Inc. reported operating lease originations for the nine months ended Sept. 30, 2018 at $17.3 billion, compared to $19.6 billion for the nine months ended Sept. 30, 2017.

November 1, 2018

Commercial Fleet Sales Increased 10.3% in October
Copart Adds Third Location in Germany
Car Depreciation Reaches 10-Month High

Ford Motor Credit Exec Joins AFSA Board

Dale Jones, EVP of Ford Motor Credit has been elected chair elect of the American Financial Services Association (AFSA), according to a company announcement.

October 29, 2018

Manheim Centralizes Logistics, Dispatch

Manheim has relocated its Logistics Solutions platforms — which include its Ready Logistics and Central Dispatch operations — to Phoenix in order to support the transport needs of its shippers, carriers, and the evolving mobility sector.

October 29, 2018

Medium Duty Truck Prices at Auction Stumble

Medium Duty Truck Prices at Auction Stumble

The pricing for medium-duty trucks at auction was down for the second month in a row in September, according to J.D. Power’s October Commercial Truck Guidelines Industry Update.

October 25, 2018