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While the COVID-19 pandemic slowed remarketing efforts for some fleets and ramped them up for others over the past year, 2021 fleet remarketing is looking better for most everyone.
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John Brasher has worked for some well-known names in the industry.
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A yearlong rollout of enhancements will further align and improve processes across Manheim’s extensive digital and physical network to meet the needs of clients.
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Despite a rollercoaster year, demand for trucks is strong — so strong that it is expected to outpace supply. This is refiring an interest in both buying and selling used units.
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Topics mentioned in today's video includes an outlook of U.S. economic conditions; strong auction sales for the month of July; and a forecasted increase in vehicles in the wholesale used-vehicle market, putting downward pressure on prices.
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Topics mentioned in today's video includes the recovery of the commercial fleet market; resurgence of COVID-19 uncertainty; fuel price trends; strong demand in the wholesale resale market; the reopening of in-lane auction bidding; and CARBs new mandate for zero-emissions trucks.
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The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
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Topics mentioned includes the state of the wholesale used-vehicle market; how an increase in employment will boost demand in the used-vehicle market; and sales activity at auctions starting to pick up.
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Given how the COVID-19 pandemic has evolved, the company has extended its Simulcast-only sales past its original April 3 end date.
Read More →The NAAA executive committee has voted unanimously to defer association dues until 2021.
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