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Categories: Leasing, Operations, Rental Operations
Merchants Fleet Expands Delivery Fleet Program

Merchants Fleet is launching a national fleet leasing and rental program for logistics brokers through a new partnership with a third party administrator...

https://www.autorentalnews.com/10128394/merchants-fleet-expands-delivery-fleet-program
Categories: Auctions, Remarketing, Rental Operations
Manheim Implements Simulcast-Only Sales Amid COVID-19 Concerns

Manheim will implement Simulcast-only sales at all of its U.S. locations effective March 16 to April 3, following the ongoing public health and safety...

https://www.autorentalnews.com/353342/manheim-implements-simulcast-only-sales-amid-safety-concerns
Categories: Auctions, Remarketing
KAR Global Transitions to Simulcast-Only Sales to Minimize Coronavirus Exposure

KAR Global is immediately transitioning to Simulcast-only sales at all U.S. and Canada ADESA auction locations until further notice as the coronavirus...

https://www.autorentalnews.com/353358/kar-global-transitions-to-simulcast-only-sales-to-minimize-coronavirus-exposure
Categories: Fleet, Fleet Management, Operations, Rental Operations
Foreign, Domestic Automakers Suspend Production at North American Factories

The shutdowns come to fight the spread of COVID-19/coronavirus after workers at multiple plants tested positive.

https://www.autorentalnews.com/353506/foreign-domestic-automakers-suspend-production-at-north-american-factories
Categories: Remarketing, Used Vehicle Values
Wholesale Values on Track to Hit Record Setting Levels

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of...

https://www.autorentalnews.com/10123927/wholesale-values-on-track-to-hit-record-setting-levels
Categories: Maintenance, Rental Operations
Spiffy Expands Fleet Mobile Maintenance Solution to Six New Markets

The on-demand car care, technology, and services company has expanded its reach to supported customers throughout the COVID-19 pandemic.

https://www.autorentalnews.com/10124590/spiffy-expands-fleet-mobile-maintenance-solution-to-six-new-markets
Categories: Remarketing, Safety & Risk Management, Used Vehicle Values
Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a...

https://www.autorentalnews.com/10125433/wholesale-prices-continue-record-highs-in-august
Categories: Remarketing, Technology
Manheim Expands Digital Block Sales to Over 50 Locations

Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on...

https://www.autorentalnews.com/10126630/manheim-expands-digital-block-sales-to-over-50-locations
Categories: Remarketing, Technology
KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Auction Services, Inc. has signed a definitive agreement to acquire BacklotCars Inc., an app and web-based dealer-to-dealer wholesale platform featuring...

https://www.autorentalnews.com/10126632/kar-expanding-digital-transaction-capabilities-with-new-acquistion
Categories: Rental Operations, Vehicle Research
Fleet Sales Continue to Decline in June

Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the...

https://www.autorentalnews.com/10120498/fleet-sales-continue-to-decline-in-june


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