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Peterbilt Expands Used Truck Buyer Assurance Program
Hertz to Sell 100th Anniversary Corvettes
Used Fleet Vehicle Values Increased 6.2% in 2018

Used Fleet Vehicle Values Increased 6.2% in 2018

The average prices for used fleet vehicles sold at auction increased 6.2% to $12,464 in 2018, despite a weaker finish to the year that saw a 0.4% decline in December, according to Tom Kontos, KAR Auction Services' chief economist.

January 22, 2019

Used Class 8 Truck Sales Fall for Second Consecutive Month
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

Element Offers Remarketing Services to Independent Dealers

Element Offers Remarketing Services to Independent Dealers

Asset disposition solutions provider Remarketing by Element, a business unit of Element Fleet Management, has joined the National Independent Automobile Dealers Association's network of National Member Benefit partners.

December 14, 2018

Wholesale Vehicle Prices Soften in November

Wholesale Vehicle Prices Soften in November

Overall average wholesale prices softened in November from a year ago mostly due to 2017 prices that were elevated due to increased demand from hurricanes Harvey and Irma, even though values of former fleet vehicles increased, according to Tom Kontos, KAR Auction Services' chief economist.

December 14, 2018

Used Fleet Vehicle Prices Fell 2% in October

Used Fleet Vehicle Prices Fell 2% in October

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

November 30, 2018

Enterprise Names Annual Auction Achievement Recipients
Hertz Closes Q3 with $2.8B Revenue
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

Commercial Fleet Sales Increased 10.3% in October
LeasePlan USA Names Dyer President, CEO

LeasePlan USA Names Dyer President, CEO

Matt Dyer was previously the managing director for LeasePlan UK, and has more than 20 years of experience working for the fleet management company.

October 22, 2018

Used Fleet Vehicle Values Fall 1.6% in September

Used Fleet Vehicle Values Fall 1.6% in September

Vehicles from fleet consignors followed the broader used-vehicle market downward in September, as wholesale prices struggled to keep up with last year's hurricane-driven demand and a now robust upstream market, said Tom Kontos, KAR Auction Services' chief economist.

October 18, 2018