The Source for Multinational Fleet Professionals
Long brings years of experience and strong industry connections as a former executive director of the International Automotive Remarketers Alliance and previously of the National Auto Auction Association.
The effects of falling and uncertain EV residual values -- with reductions of between 10% and 20% fleets -- are beginning to concern fleets in the U.K.
Openlane will serve as both the parent company brand and the market brand for the company’s digital marketplaces in the U.S., Canada and Europe.
Pressures assailing the wholesale used-vehicle market are affecting the important “days-to-sales” figures, a source of depreciation losses.
This week's State of the Fleet Industry video takes a look at the stressors and strengths impacting current fleet remarketing market.
With the goal of eliminating breakdowns for its customers, the combined companies can provide fleet operations complete services backed by fleet experts and a wide provider network.
The deal will diversify Ritchie Bros.' truck, construction, and farm equipment customer base by providing it with a larger presence in the vehicle remarketing vertical that has strong industry fundamentals with proven growth.
The poll is live for the 2022 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year. Cast your vote by Nov. 4!
Chuck Parker, CEO and publisher of the Automotive Information Network (AIN) Media, the fleet industry’s first all-digital publishing company, passed away on Sept. 21, 2022. He was 88.
Year to date, the total used market is on pace to finish the year down more than 12% recorded in 2021.
Vincentric enhances it's Cost of Ownership API offerings with electric vehicle data for model years 2020-2023 with about 350 BEV and PHEV configurations in the U.S. and Canada.
The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more aligned with luxury prices versus mainstream prices.
Fleet budgets have been negatively impacted by escalating fuel prices, higher acquisition costs, decreased fleet incentives, unscheduled maintenance, and volatile upfitting expenses. One silver lining is strong vehicle resale values.
In the debut of a new video series, AF Editor Mike Antich and Hans Damen of Fleet360 discuss fleet costs and funding differences in Europe and the U.S., and what a potential recession could mean.
The 2019 International Automotive Remarketers Alliance (IARA) Spring Roundtable was co-located with the 2019 Conference of Automotive Remarketing at the Caesars Palace Las Vegas.
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