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Newsby StaffMay 20, 2020

Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.

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Newsby StaffMarch 8, 2020

Cars Top Tax Refund Wish List, Enterprise Finds

Nearly three in five (58%) of those planning to spend their 2019 tax refunds intend to put them toward a car purchase, the survey found.

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ArticlesJanuary 30, 2020

4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values

The memories of the stripped-down rental car are gone. What’s changed, and how has it affected the new and used vehicle ecosystem?

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Newsby StaffJanuary 12, 2020

European Remarketer BCA to Install 3-Second Vehicle Inspection Stations

The fully automated damage inspection portals from ProovStation can identify scratches as small as a millimeter, according to the company.

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Articlesby Chris BrownNovember 18, 2019

Are We Reaching a Used Car Segment Tipping Point?

The used car market has adopted a Swiss Army-knife approach to managing the “off-lease tsunami,” which turned into a manageable rising tide. Are new market dynamics breathing life into a segment left for a dead, the midsize sedan?

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Newsby StaffNovember 10, 2019

Enterprise Honors Auction Achievement Members

The annual program recognizes Enterprise Holdings’ automotive auction partners for their exceptional services and support efforts to remarket the company’s late-model, low-mileage, well-maintained rental, and fleet vehicles to potential buyers.

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Articlesby Paul ClintonAugust 28, 2019

Q&A: Manheim's Grace Huang Looks Ahead

Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.

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Auto Rental Focusby Chris BrownApril 10, 2019

Used Car Values Are Declining — Are Fleet Owners Ready?

Sales into rental fleets are up in the first quarter, while residual values are softening. Are higher fleet costs and over fleeting on the horizon?

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Newsby StaffJanuary 4, 2019

Cars Paced Used Vehicle Price Growth in 2018

The passenger car segment was a main contributor to the the rise in used-vehicle prices in 2018.

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Newsby StaffSeptember 21, 2018

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 Auction Services' chief economist.

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