Rental Vehicle Fleet Remarketing

Remarketing your rental vehicles effectively will increase your revenue. The rental vehicle fleet remarketing channel will help you improve resale value, recondition grounded vehicles and use online remarketing and auto auctions to sell vehicles while in use.


Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

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Used Vehicle Prices Expected to Rise Until End of Year

Wholesale used vehicle prices rose 2.77% in September on a month-over-month basis, which drove Manheim’s Used Vehicle Value Index up 6.3% from a year ago to 134.9, marking five months of consecutive growth.

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Black Book Used Vehicle Index Rises in September

Black Book’s Used Vehicle Retention Index increased from 112.6 to 113.9 in September, the largest month-over-month gain since March 2012, according to a company announcement.

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Durango, Grand Cherokee SUVs Recalled for Brakes

The recall, set to get under way Nov. 7, covers more than 646,000 vehicles in the 2011 to 2014 model years.

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Pickup Truck Interest Rises in the Aftermath of Hurricanes

Pickup trucks have seen a surge in consumer interest in the aftermath of Hurricane Irma and Harvey, according to Jumpstart Automotive Media.

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Hurricanes Drive Down Weekly Wholesale Depreciation

The average wholesale value of cars and trucks saw little depreciation last week, as lane activity has increased as a result of the recent hurricanes, according to Black Book’s Sept. 25 Market Insights report.

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Compact SUVs Remain in High Demand

In the car segment, luxury and sporty cars decreased the most in value last week, while mid-size vehicles showed a slight increase in value

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Manheim Opens Fourth North Carolina Location

Manheim Wilmington is the fourth permanent Manheim location in North Carolina. Manheim built the two-lane facility through a partnership with D&C Mitsubishi.

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Salvage Auctions Estimate Volume of Hurricane-Damaged Vehicles

While the effect that Hurricane Irma had on Insurance Auto Auction's and Copart's operations in Florida was relatively mild, Houston was a different story.

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Wholesale Used Vehicle Depreciation at Two-Month Low

Wholesale used vehicles had their best weekly performance in two months, according to Black Book’s Sept. 11 Market Insights report.

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Manheim, ADESA Resume Florida Operations

Manheim and ADESA reopened their Florida auction facilities on Tuesday, as Hurricane Irma moved north toward Tennessee.

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ADESA Closes Florida Auctions Ahead of Irma

Five ADESA auctions remained closed Monday as Hurricane Irma moved through Georgia and Alabama, and two ADESA auctions in those states curtailed hours and staff, the KAR Auction Services unit announced.

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Manheim Used Vehicle Value Index Peaks

Wholesale used vehicle prices — on a mix-, mileage-, and seasonally adjusted basis — increased 0.75% month-over-month in August, bringing the Manheim Used Vehicle Value Index to a record high of 131.3.

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Past AFLA President, Enterprise Remarketing Manager Janik Dies

Greg Janik, president of the Automotive Fleet & Leasing Association (AFLA) from 1986-1987, passed away on Sept. 8. He was 74. Janik was a long-time member of AFLA and a strong supporter of the fleet industry.

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Fleet Jam Session to Analyze Hurricanes' Effect on Industry

Fleet Jam Session, convening at the 2017 Auto Rental Summit, will provide analysis of Hurricane Harvey and Hurricane Irma's effects on the auto rental industry, from the used car market and new car sales to rental rates, volume, and new and used values.

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Manheim to Close Florida Auctions Ahead of Irma

Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.

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Greg Thibault to Retire as Avis Budget’s VP of Fleet Disposal

Greg Thibault will retire as Avis Budget’s vice president of fleet disposal after 20 years of leading Avis Budget’s auction sales and wholesale turn-back process with manufacturers.

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Weekly Car and Truck Depreciation Slows

Car and truck segments saw lower overall depreciation rates last week, according to Black Book's Sept. 4 Market Insights report.

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Hurricane Harvey to Leave Thousands Needing Replacement Rentals

According to Black Book, the rental industry will be affected first with the supply challenge, as thousands of residents will need to find immediate replacement of personal transportation.

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Depreciation Slows for Trucks and Accelerates for Cars

The car segment saw a week-over-week rise in depreciation while the truck segment saw a lower depreciation rate last week, according to Black Book’s Aug. 28 Market Insights report.

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ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Who Controls Your Vehicles’ Data?

In the name of security, an automaker’s alliance is advocating denial of third-party access to the OBD-II port. Is this going too far?

A Shared Mobility Model Takes Shape for Fleets

Technology that allows cab drivers flexible access to a shared fleet is leveling the playing field for an 89-year-old taxi company.

Job Finder: Access Top Talent. Fill Key Positions.

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