Average wholesale used vehicle prices increased in April in a trend attributed to a significant proportion of sales of higher priced, late-model, off-rental, manufacturer program vehicles that elevated average prices, according to ADESA.
Donlen has announced the recipients of its annual Top Auction Awards, which include eight winners from around the country.
The 20th annual CAR took place on March 18-19 at Caesars Palace, Las Vegas. Watch the recap here! View photos here.
Copart, Inc., a leading online vehicle auction company, has opened its second facility in the Middle East, Copart Bahrain Auctions W.L.L.
ShipCarsNow and Ready Auto Transport have joined forces to provide truck or rail transportation to vehicle shippers as a response to increasing volumes for remarketed and new cars.
Compact SUVs held the strongest retention value in April, increasing 2.8 percent in a month that saw overall depreciation largely unchanged from March levels, according to Black Book.
The jury is still out on total cost of ownership (TCO) for the 2015 F-150; however, fleet owners should not expect a high cost-to-own increase from the 2014 to 2015 F-150 models, according to Vincentric.
Black Book has begun offering residual valuation data for a new group of compact SUVs entering the market as it expands coverage of one of the automotive industry's fastest growing segments.
Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
Vehicle logistics service provider MetroGistics has merged with McNutt Automotive Logistics, which provides asset and light logistics services, the companies have announced.
This section provides you with PDFs of remarketing data for the fleet industry.
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