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James McKinley of City Rent a Truck was named the inaugural Fleet Value Champion at the CAR Conference for his data-driven approach to fleet lifecycle management and vehicle remarketing.
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For the first time, compact and full-size commercial vans were included in the award's 26 recognized vehicle segments.
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Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength.
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Mercedes-Benz is following suit of Infiniti and Cadiliac and changing the way they name their vehicles to make it less confusing for customers.
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AT&T has introduced an iOS version of its DriveMode mobile app to limit a driver's ability to use a smart phones while driving. The app silences incoming text message alerts when the driver is going faster than 15 mph.
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Black Book expects luxury-level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments.
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Understanding depreciation, how vehicles are valued and when to remarket can improve your total cost of ownership.
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Used vehicles sold at auctions logged their highest depreciation this year in September, as 2009-2013 car and truck models fell 1.7 percent in value.
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Volkswagen led the way with 10 vehicle honors in the third annual Vincentric Best Value in Canada awards announced Oct. 1. Other individual automaker winners included Toyota, Audi, and Chevrolet.
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The behind-the-scenes journey a vehicle takes from input to auction and beyond is an exciting experience. The following is a visual road map of an auction from beginning to end at Manheim's Riverside, Calif., operation. Photos by Blake Bobit and Chris Wolski.
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A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.
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