Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.
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By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.
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Manheim has released a set of updates for its website and mobile application meant to improve efficiency at auction.
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In the past year, ServNet acquired four new auctions to its group, and expanded several existing locations.
Read More →World Data Corp. has introduced its DATASYNC Application Programming Interface (API) data delivery system. The new tool allows companies to integrate World Data information into new or existing applications so it can be seamlessly presented to users, according to the company.
Read More →Several ServNet Auctions are changing to accommodate growing consignment numbers and improve customer service.
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Wholesale used vehicle prices increased for the third consecutive month in June, and are now at their highest level in more than four years.
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Manheim’s dealer-only “Cargaritaville” regional auction will offer more than 40,000 used vehicles. This third annual event is expanding beyond its traditional Florida locations to other regions in the Southeast, including Alabama, Georgia, North Carolina, South Carolina, and Tennessee.
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A 2015 Chrysler 300 was auctioned off for $27,000 at the NIADA Convention and Expo on Thursday for charitable purposes.
Read More →Class 8 auction volume has remained steady, and well behind the inflated numbers of the second half of 2015.
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