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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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WALTHAM, MA – Due to a strong residual market in 2011, Thermofisher’s Global Sr. Category Leader for Fleet & Indirect Services, Rick Odell, C.P.M., told Automotive Fleet that his group was able to short-cycle 350 leases in 2011, generating a 10- to 20-percent premium over the expected residual values.
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IRVINE, CA - IRVINE, CA – Kelley Blue Book (KBB) announced it named AutoTrader.com’s Vice President Jared Rowe has been named the new president of Kelley Blue Book. Rowe's most recent role was as vice president of product management for AutoTrader.com in Atlanta, Ga.
Read More →ATLANTA -According to the recently published Manheim Used Car Market Report, mileage- and seasonally adjusted auction prices for end-of-service midsize cars and pickup trucks reached an all-time high in April 2011.
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TORRANCE, CA - Register for the 2012 Conference of Automotive Remarketing (CAR) by Monday, February 13, to save $100 on your Full Conference Pass! The 2012 CAR Conference is held March 14-15 at Caesars Palace in Las Vegas.
Read More →ATLANTA - Manheim unveiled Simulcast Everywhere on Feb. 4, a digital auction platform that brings the auction to the car, anywhere in the world, with live auctioneer-led sales.
Read More →ATLANTA – Manheim Consulting released its Used Car Market Report (UCMR) for 2011. The report cites new vehicle purchases by commercial and government fleets as well as remarketing trends for both.
Read More →CARMEL, IN - Just months after announcing the acquisition of OPENLANE, ADESA has already launched a single-sign on function on ADESA.com.
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CARMEL, IN - As part of ADESA's strategic alliance with Barrett-Jackson Auction Company, ADESA Phoenix will host its 2nd Annual Legendary Sales Week, Jan. 16-Jan. 20.
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SAN JOSE, CA - Brasher's San Jose Auto Auction announced that Shelly Frank has been hired as its Northern California sales representative.
Read More →CARMEL, IN - ADESA announced it is integrating its physical ADESA auction locations with CarsArrive. CarsArrive is a subsidiary of OPENLANE that ADESA also acquired in the acquisition.
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