The Car and Truck Fleet and Leasing Management Magazine


151  -  175  of  1326

May 28, 2015 - Industry News

J.D. Power to Acquire NADA's Used Car Guide

J.D. Power and the National Automobile Dealer Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business. The transaction is expected to close early in the third quarter of 2015.

Tags: J.D. Power, NADA, Used Vehicles

May 22, 2015 - Industry News

Off-Lease Rental Cars Juiced April Wholesale Prices

Photo via Wikipedia.

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.

Tags: Depreciation, ADESA, Used Vehicle Sales

May 13, 2015 - Press Release

Donlen Names Auction Award Winners

Donlen has announced the recipients of its annual Top Auction Awards, which include eight winners from around the country.

Tags: Awards, Auctions, Donlen

May 11, 2015 - Global News

Vehicle Auction Expands in the Middle East

Copart, Inc., a leading online vehicle auction company, has opened its second facility in the Middle East, Copart Bahrain Auctions W.L.L.

Tags: Copart, Bahrain, Dubai

May 8, 2015 - Industry News

Vehicle Logistics Companies Partner to Expedite Auto Transport

Photo: Adam Pringle

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.

Tags: ShipCarsNow, Cox Automotive, Ready Logistics, Vehicle Logistics, Railroads

May 7, 2015 - Industry News

Compact SUVs Bolster April Depreciation

Photo of 2015 Jeep Wrangler courtesy of FCA US.

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.

Tags: Depreciation, Black Book, Compact SUVs

April 30, 2015 - Industry News

Vincentric Analyzes 2015 F-150 TCO

Photo of 2015 F-150 XL courtesy of Ford.

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.

Tags: Ford F-150, Ford, 2015-MY, TCO, Vincentric

April 16, 2015 - Industry News

Compact SUV Residual Values Gaining Ground

Photo of 2015 Buick Encore courtesy of GM.

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.

Tags: Black Book, Compact SUVs, Residual Values, Trends, 2015-MY

April 7, 2015 - Industry News

Vans Lead March Depreciation in Tax Buying Season

Photo of 2013 Freightliner Sprinter via Wikipedia.

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.

Tags: Depreciation, Black Book, Full-Size Vans

March 26, 2015 - Industry News

MetroGistics Merges With McNutt Automotive Logistics

Vehicle logistics service provider MetroGistics has merged with McNutt Automotive Logistics, which provides asset and light logistics services, the companies have announced.

Tags: MetroGistics, Vehicle Logistics, Mergers & Acquisitions

March 26, 2015 - Industry News

Vincentric Names Best Vehicle Values for 2015-MY

The Toyota Camry Hybrid wins a Vincentric Best Value in America award for the fifth year in a row. Photo courtesy of Vincentric.

Vincentric named the top 21 vehicles in its annual “Best Value in America” Awards for the 2015 model year based on total cost of ownership for the consumer market.

Tags: Toyota, Chevrolet, Vincentric, Lexus, 2015-MY, TCO

March 19, 2015 - Industry News

Industry Awards Announced at 2015 CAR Conference


The 2015 Consignor of the Year, Remarketer of the Year, and Industry Leadership Award were presented at the 2015 Conference of Automotive Remarketing (CAR), which was held March 18-19 at Caesars Palace in Las Vegas.

Tags: Consignor of the Year, Awards, Remarketer of the Year, CAR

March 18, 2015 - Press Release

ARI Announces Auction of the Year Winners

ARI has announced the winners of the company's 2014 ARI Auction of the Year Award in each of its seven regions.

Tags: ARI, Fleet Management Companies, Awards, Auctions

March 13, 2015 - Industry News

Manheim Reiterates Support for Multiplatform Bidding System

Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.

Tags: Manheim, Antitrust Laws, Multiplatform Bidding System, Online Auctions, MPS

March 12, 2015 - Industry News

IARA Reinforces Stance on Multiplatform Bidding System

In light of recent announcements, the Executive Committee of the International Automotive Remarketers Alliance (IARA) issued a statement to reinforce its position on the Multiplatform Bidding System (MPS) initiative.

Tags: IARA, Multiplatform Bidding System, MPS

March 9, 2015 - Industry News

Cold Weather Strengthening Used SUV Sales

Photo of 2013 Chevrolet Tahoe courtesy of GM.

The average price of a used vehicle fell 1.2 percent in February as colder weather brought strength to SUV segments for the month, according to Black Book.

Tags: Black Book, Depreciation, Used Vehicle Sales, Auctions

February 26, 2015 - Industry News

ServNet Withdraws from Multiplatform Bidding System initiative


ServNet announced that it has decided not to participate in the remarketing industry’s currently proposed Multiplatform Bidding System initiative (MPS).

Tags: Remarketing, ServNet, Multiplatform Bidding System, MPS

February 23, 2015 - Industry News

ADESA Exits Multiplatform Online Auction Initiative

Photo via Wikipedia.

ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.

Tags: ADESA, Online Auctions, Multiplatform Bidding System

February 17, 2015 - Industry News

Ricky Beggs Retiring From Black Book

Photo courtesy of Ricky Beggs.

Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.

Tags: Black Book, Retirement, Promotions

February 11, 2015 - Industry News

Domestic Cars Outperform Trucks in January Depreciation

Photo of 2013 Chevrolet Tahoe courtesy of GM.

Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.

Tags: Depreciation, Black Book, Minivans, Passenger Cars

February 4, 2015 - Industry News

Vehicle Depreciation to Accelerate in 2015

Photo via Wikipedia.

Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.

Tags: Depreciation, Black Book, Fitch Ratings, Forecast

January 15, 2015 - Industry News

2015 Mid-Size Sedan Residual Values to Slide

Photo of 2015 Subaru Legacy by Vince Taroc.

A crop of 2015 model-year mid-size sedans that offer greater fuel efficiency and more safety features than ever before are expected to return less residual value to buyers in part due to higher supply volumes, according to a Black Book forecast.

Tags: Black Book, Forecast, Mid-Size Sedans, 2015-MY, Residual Values

January 12, 2015 - Press Release

FLD Launches OnceOVR Pro Remarketing App

FLD, Inc. has launched the OnceOVR Pro mobile app, an extension of OnceOVR that was released earlier this year on iTunes, Google Play and Amazon for download at no charge.

Tags: FLD, Mobile Apps, Medium-Duty Trucks

January 8, 2015 - Industry News

Used Vehicles Depreciate 12.1 Percent in 2014

Photo of 2013 F-150 Limited courtesy of Ford.

Used vehicles fell 12.1 percent in value during 2014, which represented a slight improvement from 2013, which saw a 12.8 percent depreciation, according to Black Book.

Tags: Depreciation, Black Book, Trends, Full-Size Vans, Mid-Size Sedans

December 19, 2014 - Industry News

Texas Plumber's Truck Reaches Syrian Front Lines

A Texas plumber's Ford F-250 has found a second life as a vehicle used on the front lines of the Syrian Civil War.

Tags: Ford F-250, Auctions, Syria, Small Fleets

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