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News•by Staff•August 13, 2021

CPO Sales Increase in July, Outpace Pre-Pandemic Level

Near-record low new-vehicle inventory and record-high prices will keep certified pre-owned units as very attractive alternatives.

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News•by Staff•August 11, 2021

New-Vehicle Supply Still Low but Starting to Stabilize

As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.

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News•by Staff•August 11, 2021

Merchant Fleet's Tom Coffey Wins Global Excellence Award

The annual Globee Sales and Customer Service Excellence Awards recognize achievements in sales, service, support, and business development from all over the world.

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News•by Martin Romjue•August 10, 2021

AutoIMS 2Q Report Shows Leaps in Converstion Rate, Sale Prices

The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.

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News•by Mike Antich•August 9, 2021

Fisher Promoted to Director, Global Fleet & Travel for National Oilwell Varco

As director, global fleet & travel, Kimberly Fisher manages 5,000-plus assets globally for National Oilwell Varco implementing a global fleet strategy. Fisher manages the company’s global fleet in the U.S., Canada, UAE, U.K., and Brazil.

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News•by Staff•August 6, 2021

Wholesale Prices Decline Again in July

On a year-over-year basis, all major market segments saw seasonally adjusted price increases in July.

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News•by Staff•August 6, 2021

Fleet Sales Drop in July, Remain Well Below 2019 Level

Large rental, commercial, and government purchases of new vehicles increased 6% compared to this time in 2020, but decreased by 40% from the same time in 2019.

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News•by Staff•August 5, 2021

BrightDrop Appoints Four New Executives

New chief technology, product, people, and revenue officers, bring extensive experience in technology and software to the leadership team at BrightDrop.

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News•by Staff•August 4, 2021

Electrified Fleets Could Save 37-44% in Energy Costs

A white paper from AMPLY Power quantifies the vast cost savings in fuel, health effects, and pollution in the 25 largest U.S. metro areas.

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Articles•by Martin Romjue•August 2, 2021

Incoming IARA President Sees New Industry Directions from Roundtable Event

The annual conference will offer plenty to talk about and act on as the remarketing industry strategizes for a reset marketplace.

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