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Categories: Auctions, Remarketing, Rental Operations
October, Year-To-Date Auction Vehicle Sales Grow at Steady Clip

Commercial vehicles, electric vehicles, and late model used vehicles all show strong double-digit volume increases.

https://www.autorentalnews.com/10231516/october-and-year-to-date-auction-vehicle-sales-grow-at-a-steady-clip
Categories: Operations, Remarketing, Small Fleet, vEvents
What's Your Topic A for the Conference of Automotive Remarketing?

CAR 2023 has entered the planning stage and seeks industry ideas for panel topics, seminars, and presentations.

https://www.autorentalnews.com/10179897/whats-your-topic-a-for-the-conference-of-automotive-remarketing
Categories: Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations, Remarketing, Small Fleet, Used Vehicle Values, Vehicle Research
Used EV Prices Rise Much Faster Than for ICE Vehicles

An iseecars.com study finds electric car prices saw an increase of 54% in July from the same month last year while gas-powered cars were up just 10%.

https://www.autorentalnews.com/10180264/used-ev-prices-rise-much-faster-than-for-ice-vehicles
Categories: Associations, Remarketing
NAAA Event Serves Up Awards, Honors, and Elections

The annual National Auto Auction Association Convention returned last week after a three-year in-person hiatus where it recognized numerous achievements...

https://www.autorentalnews.com/10181079/naaa-conference-serves-up-awards-honors-and-elections
Categories: Auctions, Remarketing
Carvana’s Stock and Bonds Languish Amid Bankruptcy Quivers

The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.

https://www.autorentalnews.com/10188649/carvanas-stock-and-bonds-languish-amid-bankruptcy-quivers
Categories: Fleet, Fleet Acquisition, Remarketing, Rental Operations, Vehicle Research
Fleet Sales Down Across the Industry

Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.

https://www.autorentalnews.com/10236909/fleet-sales-down-across-the-industry
Categories: Associations, Remarketing, Safety
NAAA Begins Recall Awareness Campaign

The National Auto Auction Association will begin raising awareness among its members about dealing with open recalls on vehicles that are sold at wholesale...

https://www.autorentalnews.com/303202/naaa-begins-recall-awareness-campaign
Categories: Fleet, Remarketing, Small Fleet
Wholesale Fleet Vehicle Values Fall 1% in June

Off-lease fleet vehicles sold in the wholesale market at auction fell 1% in value in June from the prior month but increased 7% from a year ago, according...

https://www.autorentalnews.com/306830/wholesale-fleet-vehicle-values-fall-1-in-june
Categories: Fleet, Remarketing, Small Fleet
Used Fleet Vehicles Worth 8.1% More Than Last Year

Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago...

https://www.autorentalnews.com/310765/consigned-fleet-vehicles-worth-8-1-more-than-last-year
Categories: Fleet, Remarketing, Small Fleet, Used Vehicle Values
Used Fleet Vehicle Values Increase 1.5% in August

The average value of used fleet vehicles increased 1.5% in August from the prior month and are now up 8.5% from a year ago, according to Tom Kontos, KAR...

https://www.autorentalnews.com/313928/used-fleet-vehicle-values-increase-1-5-in-august


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