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News

Used Vehicle Sales Strengthening, Edmunds Says

Certified pre-owned vehicle sales accounted for 22.7 percent of used sales by dealers, setting a record for a single quarter, according to a report by Edmund's.com. Overall, the sale of used vehicles came in strong in the second quarter of 2015 at approximately $9.6 million, growing at a 5.1 percent year-over-year.

Photo of 2016 Tacoma SR5 Access Cab courtesy of Toyota.

News

Toyota Sets 2016 Tacoma Pricing

The third-generation 2016 Toyota Tacoma base model SR will carry a retail price of $24,200 when it arrives at dealer lots in the middle of September for about a $3,000 increase over the outgoing model.

Photo of 2014 Expedition courtesy of Ford.

News

Trucks, SUVs Top July Retention Value

Trucks and SUVs logged the strongest resale value during July in a month that saw lighter depreciation of 1.3 percent for 2010-2014 model year vehicles, according to Black Book.

WALTZ

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AFC Hires Director of Business Development

In his new role, Waltz will assist AFC in building upon inventory financing opportunities in specialty segments such as RV, powersports, rental, and commercial truck.

News

Carpages Partners with Carfax Canada

Now, car buyers get complimentary Carfax Vehicle History Reports from subscribing dealers included with their inventory on Carpages.ca.

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News

EVs Facing Heavier Depreciation Than Gasoline Counterparts

Mainstream electric vehicles (EV) are depreciating much faster than their gas sister models, according to new data from Black Book.

CAR attendees chatting as they enter the conference. Photo courtesy of Chris Wolski.

Articles

CAR Celebrates 20th Anniversary

The Conference of Automotive Remarketing (CAR), which is produced by Bobit Business Media, publisher of Automotive Fleet, celebrated its 20th anniversary with special events and contests — and a cake provided by sponsor ServNet.

Photo of 2012-2014 Camry courtesy of Toyota.

News

Compact SUVs Bolster June Depreciation, Small Cars Slump

Smaller cars showed the highest depreciation levels in June, while SUVs, pickups, and vans showed relative strength in a used-car market that's now tilted toward larger, less fuel efficient vehicles.

Larson

News

Vehicle Shipper MetroGistics Hires EVP

Vehicle shipper MetroGistics has hired David R. Larson as executive vice president for business development and sales partner. In this new position, Larson will help the company grow its business on multiple fronts.

Photo of 2011 Ram 3500 via Wikimedia.

News

Large Fleets Driving Strong Used Class 3-8 Sales

Overall, used GVW 3-8 transactions from March 1, 2014 to March 31, 2015 accounted for 51.7 percent of total GVW 3-8 transactions in the U.S. market.

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