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Not every dent, scratch, or mechanical issue is worth fixing before selling a fleet vehicle. Learn how to weigh repair costs, resale value, market demand, and downtime to determine when reconditioning pays off and when selling as-is makes more sense.
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The 2015 Conference of Automotive Remarketing, which is produced by Bobit Business Media, publisher of Automotive Fleet, celebrated its 20th anniversary in Las Vegas from March 18-19. Highlights included keynote addresses by Hall of Fame Buffalo Bills quarterback and cancer survivor Jim Kelly and Auction Broadcasting Co. Founder and CEO Mike Hockett Sr. Photos by Chris Wolski and Steve Reed.
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Vehicle logistics service provider MetroGistics has merged with McNutt Automotive Logistics, which provides asset and light logistics services, the companies have announced.
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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.
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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.
Read More →ARI has announced the winners of the company's 2014 ARI Auction of the Year Award in each of its seven regions.
Read More →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.
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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.
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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.
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ServNet announced that it has decided not to participate in the remarketing industry’s currently proposed Multiplatform Bidding System initiative (MPS).
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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.
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