GM Names Nashville Auto Auction 2002 Auction of the Year

Manheim’s Fort Worth Vehicle Auction Launches Heavy-Duty Truck Sales

Manheim Auctions recently held the inaugural heavy-duty truck sale at its Fort Worth Vehicle Auction. More than 100 trucks were sold at the event on February 28, 2001, a sale that marked the beginning of an expanding program of such sales.

One Million Vehicles Offered Via Simulcast in 2003

In 2003, Simulcast’s first full year in operation, more than 21,000 unique dealers attended Manheim sales via Simulcast an average of 5-6 times and recorded more than 307,000 online bids.

GE Capital Fleet Gives Remarketing Awards

GE Capital Fleet Services honored 22 regional auctions who "contributed remarkable results" for its customers in 2013, the fleet management company announced.

Hits & Misses on 10 Remarketing Predictions for 2022

See how Cox Automotive scored when its earlier outlook met the economic and market realities so far this year.

LeasePlan Net Profit Up to EUR 171 Million for First Six Months of 2013

LeasePlan reported its financial results for the first half of 2013, stating that its net profit for the six-month period ending June 30, 2013, increased 38.9 percent over the same period in 2012.

Wholesale Used Vehicle Prices Ease Down

Wholesale values remain elevated against normal depreciation trends, even with declines in September, and right as tax incentives on EVs end.

Wholesale Used Vehicle Prices Down by Double Digit Percentages

Meanwhile, used vehicle retail sales pick up in January thanks in part to vehicle prices being down 4% year-over-year, boosting affordability.

Total Fleet Cost is Proportional to Fleet Size

Every fleet manager is feeling the pressure to reduce costs. The best place to have maximum impact is to reduce overall fleet size and/or modify vehicle composition. A fleet's total cost is directly proportional to the total number of vehicles in operation, which drives all fixed and operating costs, such as fuel, replacement tire expenses, depreciation, accident repair costs, etc. If you can reduce overall fleet size, all other cost categories will decrease correspondingly.