
The largest fleet expense is vehicle depreciation, so managing it is critical to operating a well-run fleet. Remarketing is core to fleet management. In many ways, fleets are very much the “factories” that manufacture used vehicles.
The largest fleet expense is vehicle depreciation, so managing it is critical to operating a well-run fleet. Remarketing is core to fleet management. In many ways, fleets are very much the “factories” that manufacture used vehicles.
Motormindz, a global venture consultancy, partnered with NuVinAir Global, an automotive cleanliness solutions and hygienic consulting company, to assist the industry expansion of NuVinAir’s ‘“Total Health” suite of products.
Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on screens and never travel down physical lanes.
Evans stepped into the role as head of the fleet & lease department in April 2019 and has been hailed for his success in building the commercial segment of the business while guiding customers through the challenges of doing business in a COVID-19 climate, according to America’s Auto Auction
Auction sales volumes have rebounded to a level consistent with, and on some days higher than, this time last year, despite most auctions continuing to operate under an all-digital platform.
ADESA recently hosted a single digital auction event with vehicles in 22 different locations using the company’s Simulcast Plus technology.
To help address the COVID-19 pandemic, vehicle logistics provider United Road deployed technology-enabled solutions to simplify vehicle moves, as well as gave customers touchless delivery and pick-up, repositioning support, storage options, more.
Manheim now offers in-lane bidding at 30 pilot sites, with 13 of those locations added in mid-July, the company announced.
The 2020 IARA Virtual Summer Roundtable has a schedule full of virtual sessions for remarketers and consignors covering today’s hot-topic remarketing issues as well as the continued recover of the industry and the future of remarketing.
Wholesale market prices were strong for the last week of June, and were maintained by federal stimulus, together with still limited used-vehicle inventory.
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