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Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.
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Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.
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Enterprise Holdings will recognize 14 automotive auction partners with its 2017 Auction Achievement Awards.
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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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Full-size cars, sporty cars, and compact vans were the only vehicle segments that saw their average wholesale values increase in value last week, according to Black Book’s March 20 Market Insights report.
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At the ADESA Auto Auction in Mira Loma, Calif., car rental companies received updates on Toyota’s repurchase programs and attended a condition report demonstration. Photos by Chris Brown.
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In the right situations and with the right fleet planning, car rental operators can save up to 20% on depreciation costs with used fleet.
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Manheim recently opened a new service center in Riverside, Calif., taking over a former newspaper printing plant. The result has been a boon for the auction, its partners, and the community.
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The ‘Manheim en Español’ auction was designed to meet the needs of its growing Spanish-speaking dealer base and local community.
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Edgar Ricardo, managing director of Boric Car Rental in Curacao, explains in this web-exclusive Q&A how he started his car rental company by purchasing three vehicles off auction in Miami, and then added vehicles from local dealers one-by-one since starting the company in 2002.
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