Used vehicle sales continued their strong performance in the wholesale market in July, as an "abnormal bounce" that began in June continued to show strength with overall values increasing in July 1.51% from the prior month, according to Manheim.
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Nissan North America has named Marty Gleason its director of fleet sales. Gleason comes to the role from Nissan's pre-owned and CPO division, where he was a senior manager.
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The continued weakness in the sedan segment compounded with declining fleet sales led to a year-over-year decline in new-car sales during June, according to the NADA.
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Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.
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David Alfonso, a remarketing manager at Kia Motors America, has announced he will retire from the company on Jan. 3.
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According to Mercedes, Cornell will be responsible for customer experience, sales volume, and meeting profit targets for the fleet operations department, and the pre-owned vehicles and remarketing programs.
Read More →MONTVALE, NJ - Webster will report to Mike Slagter, senior vice president, sales, for the automaker.
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