Remarketing - Tagged Posts - Global Fleet Management

AFP Wants Greater Certainty on Flaky Used-EV Values

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.

Commercial Fleets Identify Vehicle Remarketing ‘Pain Points’

Pressures assailing the wholesale used-vehicle market are affecting the important “days-to-sales” figures, a source of depreciation losses.

Ritchie Bros. Auctioneers Acquires IAA to Expand Global Marketplace

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.

In Memoriam: Industry Visionary Chuck Parker

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.

Higher Residuals Offset Increased Cost Pressures on Fleet Budgets

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.

State of the Wholesale Used-Vehicle Market in the UK

Phil Nothard of Cox Automotive International joins Global Fleet Management Voices to discuss how the raw materials shortage is impacting the UK fleet market, positive impacts of decreasing new car sales, and the issue of remarketing vehicles now.

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.

AF Editor Mike Antich Wins Industry Icon Award

The eighth annual Ed Bobit Industry Icon Award was awarded to Mike Antich, the associate publisher and editor of Automotive Fleet Magazine at the Summer Roundtable Conference produced by the International Automotive Remarketers Alliance (IARA). The icon award recognizes leaders who shaped the industry.

E-Commerce Remarketing Provider Takes Modular Approach To Market

The e-commerce provider epyx is changing its approach to fleet remarketing by offering its services in a modular mix and match approach.

Cazoo Expansion Continues With Purchase Of SMH Fleet Solutions

The online car retailer Cazoo, fresh from its listing on the New York stock exchange and acquisition of Cazana, has now purchased SMH Fleet Solutions for £70m cash. SMH Fleet Solutions processes 70,000 vehicle refurbishments each year in the U.K.