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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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LOS ANGELES - Used-hybrid values have fallen over 25 percent as the demand for smaller, fuel-efficient vehicles has slowed, according to data from Kelley Blue Book (KBB). "More and more consumers base their purchasing decision on vehicle utility and price rather than fuel economy," said Juan Flores, director, vehicle valuation for KBB.
Read More →DETROIT - In a statement promising General Motors' "strong commitment" to fleet and commercial customers "remains unchanged," Jim Campbell, GM general manager fleet and commercial operations, addressed the automaker's June 1 bankruptcy filing.
Read More →EDEN PRAIRIE, MN - GE Fleet Services recently honored its top performing auction partners at an awards dinner Dec. 3 in Barrington, Ill.
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GIG HARBOR, WA - Frances Baese, a former 35-year employee for Buick, passed away unexpectedly, Nov. 16 in Gig Harbor, Wash. She was 86.
Read More →FREDERICK, MD - Thomas Spartan Bruce, a founding member of the National Auto Auction Association (NAAA), died Nov. 6 at his home. He was 92.
Read More →ATLANTA - Manheim is revving up its schedule of online sale events and special offers to help dealers get their inventory into the freshest possible shape before the end of the year.
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HARRISONBURG, VA - Wheatley served as NAAA president from 1987-1988 and was named to the NAAA Hall of Fame in 1994. He passed away from cancer Oct. 18 at the age of 75.
Read More →ATLANTA - UPS Automotive Industry Solutions Group will work on behalf of Manheim's customers to arrange pick-up and drop-off of vehicles bound for the auction company's 77 operating locations in the U.S.
Read More →GAINESVILLE, GA - Black Book reported overall car and truck segments continued to dip last week, with "buyers less willing to pay asking price."
Read More →GAINESVILLE, GA - For the first time since the week ending May 15, total truck segments were down, according to Black Book.
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