Jeff LeBlanc, who brings with his more than 15 years of experience in the retail automotive industry, will helm the new position.
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Companies such as Manheim and ADESA have invested time and money to bolster the digital side of their business to meet the demands of this growing field, and so have fleet management companies.
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As we reach the end of 2019, we’re looking back at the top 10 news stories and top five articles posted on Vehicle Remarketing this year.
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Former fleet vehicles sold by KAR Global's ADESA remarketing unit fell 3.2% in value in November from the prior month but remain 3% ahead of a year ago partly due to a softening wholesale market.
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ADESA UK won the IT Innovation Award at the 2019 GreenFleet Awards for its Intelligent Vehicle Inspection solution.
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The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom Kontos, KAR Global's chief economist.
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KAR Global's Openlane digital marketplace has given $10,000 in donations to two organizations and will launch an employee engagement initiative in 2020 to support coding education in Canada, the business unit has announced.
Read More →Angela Williams will serve in the role at ADESA Houston and Brad Yeager will lead ADESA Ocala in Florida.
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Used fleet vehicles that sold at wholesale fell 1.5% to $13,603 in August from July, but remained up 1.2% when compared to the same month a year ago, according to Tom Kontos, chief economist for KAR Auction Services.
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As part of FCA’s national certified pre-owned vehicle dealer meeting, ADESA launched four simulcast sales from four of its auction locations: ADESA Golden Gate, ADESA Indianapolis, ADESA Kansas City, and ADESA Las Vegas.
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