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PAR North America Hires SVP White

PAR North America has hired Stacey White to lead its remarketing services division as senior vice president. This appointment aims to further develop and expand PAR’s remarketing products for its customers, according to Lisa Scott, North American president.

January 17, 2019

Auto Driveaway Expands into Heavy Truck Transportation

Vehicle relocation service Auto Driveaway, which serves large corporate fleets, has acquired the assets of heavy truck transport service J&J, which expands its scope in the heavy truck transportation market.

January 17, 2019

Cox's vAuto Acquires, Relaunches Recon Management Platform

Cox Automotive's dealer technology unit vAuto has acquired iReconCars and relaunched the reconditioning management platform as iRecon to help dealers and other partners improve used vehicle reconditioning efficiency and speed, the company announced.

January 16, 2019

Used Class 8 Truck Sales Fall for Second Consecutive Month
ALG Projects 17M New Vehicles Sold in 2019

ALG Projects 17M New Vehicles Sold in 2019

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

January 15, 2019

NAAA Elevates Heon to Newly Created COO Role

The association has chosen Tricia Heon, who has been part of the NAAA for eight years, and most recently served as legislative director and operations manager, for the position.

January 15, 2019

XLerate Acquires Auctions in Georgia, Illinois

The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.

January 11, 2019

KAR Hires VP for Recovery Database Network

KAR Hires VP for Recovery Database Network

KAR Auction Services has hired John Sibbitt as vice president of business development for its Recovery Database Network, which provides banks and credit unions with software and data solutions to manage repossession and the disposition value chain, KAR has announced.

January 11, 2019

Manheim Expands its Adjusted MMR to AutoIMS

The Manheim Adjusted MMR is a wholesale vehicle valuation rating that includes aspects such as a vehicle’s AutoGrade condition, exterior color, mileage, and region.

January 10, 2019

Used Medium-Duty Truck Prices Stabilize
2019 Consignor of the Year Voting Opens

2019 Consignor of the Year Voting Opens

The award is sponsored by Bobit Business Media and National Auto Auction Association; ballots will close on Thursday, Jan. 31. The winner will be announced at the 2019 Conference of Automotive Remarketing, which will be held on March 26-27, 2019 at Caesars Palace Las Vegas.

January 9, 2019

Automotive Fleet - Top 10 Articles of 2018

Automotive Fleet - Top 10 Articles of 2018

Automotive Fleet covers a variety of topics throughout the year, from industry trends and news to product launches. Here, you’ll find our most popular content of 2018, including safety news, business tips and Amazon’s planned takeover.

January 8, 2019

2018 New-Vehicle Sales Reach 17.33M

2018 New-Vehicle Sales Reach 17.33M

U.S. new-car dealers sold 17.33 million cars and light trucks in 2018, exceeding expectations due to a 2.2% year-over-year improvement in December.

January 8, 2019