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Categories: Fleet, Remarketing
Ritchie Bros. to Build Custom Remarketing Platform for Quanta Services

Quanta Services has partnered with Ritchie Bros. to develop a new online inventory management system that will help improve how the company redeploys assets...

https://www.vehicleremarket.com/347190/ritchie-bros-to-build-custom-remarketing-platform-for-energy-mega-fleet
Categories: Fleet, Remarketing, Used Vehicle Values
Used Fleet Vehicle Values Soften in November

Former fleet vehicles sold by KAR Global's ADESA remarketing unit fell 3.2% in value in November from the prior month but remain 3% ahead of a year ago...

https://www.vehicleremarket.com/346640/used-fleet-vehicle-values-soften-in-november
Categories: Fleet, Remarketing
Used Fleet Vehicles Fall 0.6% in October

The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom...

https://www.vehicleremarket.com/344471/used-fleet-vehicles-fall-0-6-in-october
Categories: Used Vehicle Values, Vehicle Research
Average New Pickup Truck Prices Up Year-Over-Year

Trucks have shown the most strength of any segment with full-size trucks up 3%, while Kelley Blue Book shows midsize pickups rose 6%, aided by new and...

https://www.vehicleremarket.com/343743/average-new-pickup-truck-prices-up-year-over-year
Categories: Banks and Credit Unions, Leasing
Fed Triggers Third Interest Rate Cut of 2019

The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at...

https://www.vehicleremarket.com/343679/fed-triggers-third-interest-rate-cut-of-2019
Categories: Remarketing, Used Vehicle Values
Jeep Wrangler Again Tops Residual Value List

Jeep's four-door Wrangler has placed at the top of a list of 10 vehicles that retain the highest percentage of their value over a five-year period,...

https://www.vehicleremarket.com/343618/jeep-wrangler-again-tops-residual-value-list
Categories: Fleet, Leasing, Rental Operations
Enterprise Reports $25.9B Annual Revenue

In the 2019 fiscal year, the organization recorded more revenue, transactions, vehicles, locations, and customer miles logged than ever before.

https://www.vehicleremarket.com/342920/enterprise-reports-25-9m-revenue-for-fy2019
Categories: Remarketing, Technology
Acertus Sets Up Vehicle Transportation Platform

Vehicle logistics provider Acertus has launched a transportation management platform that allows vehicle manufacturers and shippers such as fleet management...

https://www.vehicleremarket.com/342610/acertus-sets-up-vehicle-transportation-platform
Categories: Auctions, Operations

George Daniel Largay died on Sept. 30 from pancreatic cancer. He was 75 years old.

https://www.vehicleremarket.com/341853/in-memoriam-manheims-george-largay
Categories: Used Vehicle Values, Vehicle Research
Retail Incentives Reach Record High

Incentive spending is projected to reach $4,159 (up 6% or $246), the highest level ever for the third quarter and just $28 short of the all-time quarter...

https://www.vehicleremarket.com/341707/retail-incentives-reach-record-high


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