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Photo of 2016 Fusion Hybrid courtesy of Ford.

News

TCO for Hybrids Failing to Keep Pace

Only seven of 29 hybrids offered in the 2016 model year showed a lower total cost of ownership than their gasoline counterparts, representing a sharp decline from 2012 levels, according to an analysis by Vincentric.

Kontos

News

Kontos: Wholesale Pricing Rises 4.9% in July

The average wholesale used price in July was $10,362, a 2% decline from June but a 4.9% increase from year-ago period, according to ADESA Analytical Services.

Photo of 2015 Transit courtesy of Ford.

News

Depreciation in Most Segments Improves in July

Used vehicles from the 2011 to 2015 model years depreciated 1.5% in July, a slight improvement over June's 1.7% depreciation rate, reports Black Book.

Graphic of Manheim Used Vehicle Index courtesy of Manheim.

News

Used Vehicle Values Continue to Rise, Manheim Says

Wholesale used vehicle prices increased in July despite expectations that wholesale prices would suffer in 2016 due to growing wholesale supplies.

News

MetroGistics Hires Business Development Director

MetroGistics has hired Terry Mollica as director of business development, the automotive logistics provider has announced.

Photo of 2015 Chevrolet Colorado courtesy of GM.

News

Used Vehicles Depreciate 1.7% in June

The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, following light depreciation in May. These vehicles fell 15.4% in value from year-ago-levels, according to Black Book.

Compact pickups like the Chevrolet Colorado increased 14.6% in wholesale value compared to last May. Photo courtesy of GM.

News

Trucks Keep Yearly Wholesale Values Up

In May, average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks, according to ADESA.

Photo of 2011 Ford Transit Connect via Wikimedia.

News

Used Vehicle Depreciation Dips in May

Used vehicle values from the 2010 to 2014 model years fell 0.5% in May from April levels with cars showing a slightly higher depreciation rate than trucks, according to Black Book.

Photo of 2012 Ford F-250 SuperCrew via Wikimedia.

News

Diesel Truck Residual Values Rise With Mileage

Diesel-powered pickup trucks sell for more than 30% of their gasoline counterparts after three years of fleet usage and return greater value with higher odometer readings, according to data from ADESA.

Photo: Vincentric

News

Vincentric Names 2016 Fleet TCO Winners

Nissan, Ford, General Motors, and Toyota vehicles helped these car and truck makers lead Vincentric's 2016 Best Fleet Value in America awards that were announced today.

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Published by Bobit Business Media, Work Truck magazine is geared to managers of truck fleets of class 1-7 trucks.

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