Loading data...
General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, according to a Bank of America Merrill Lynch analyst.
Read More →The deal builds on KAR's growth in the dealer-to-dealer segment, enhances its profile in the fragmented wholesale used vehicle market, and accelerates the company’s overall move to digital auction marketplaces.
Read More →To leverage the booming resale market, some fleets shortcycled their vehicles to get maximum dollars at auction. Others, such as Charlotte, N.C.-headquartered National Gypsum Company, a producer of gypsum wallboard, took to extending vehicle lifecycling.
Read More →The Hyundai Ioniq Plug-in Hybrid is the least expensive model on the market to offer electric-only range, while offering spirited driving performance and plenty of standard features.
Read More →Jim Halliday, president, North America, of Element Fleet Management, formerly PHH Arval, discusses the company's acquisition by Element Financial Corporation and what it means to its clients, supplier partners, and its position in the fleet market.
Read More →