Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.
Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.
More SUVs, the retention of higher mileage vehicles, and new methods of remarketing are some trends fleets are observing in the wholesale market.
KAR Auction Services ADESA unit is partnering with fleet management company Emkay to raise $267,000 over six years to support JDRF, which funds type 1 diabetes research.
Emkay President Greg DePace was invited to an interview on the Fox Business show Varney & Co. shortly after the fleet management company announced it would reward employees with a $1,000 bonus following the tax reform signed by President Donald Trump. For the full story, click here. Video courtesy of Emkay.
Emkay's Vehicle Remarketing Department has been re-certified by the International Automotive Remarketers Alliance (IARA) Certified Automotive Remarketer (CAR) program, the fleet management company announced.
Emkay's Jack Rennels, vice president of vehicle remarketing, is retiring after more than 35 years in the fleet industry.
Emkay Inc. has promoted John Elizaga to director of vehicle remarketing.
Dealers Auto Auction of Murfreesboro proudly joined the Emkay 100% Club Award for 2012. In another initiative to better serve clients and customers, DAA Murfreesboro has purchased property adjacent to its auction on Old Fort Parkway.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
