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In wholesale market, rental vehicle volumes likely to climb again but plateau through 2029
Wednesday, Jul. 24, 2024, 01:32 PM
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Partnership brings Click-Ins’ AI inspections to Draiver customers
Wednesday, Jul. 24, 2024, 02:25 PM
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Tide likely to turn for off-lease vehicle volumes in second half of year
Tuesday, Jul. 23, 2024, 02:19 PM
Wholesale
FMCSA spots phishing scheme circulating in transportation space
Friday, Jul. 26, 2024, 12:24 PM
Auto Remarketing Staff
Earlier this month, the Internal Revenue Service sent a reminder to dealers to be vigilant of digital criminals portraying themselves as representatives from the federal agency. This week, another federal agency — the Federal Motor Carrier Safety Administration (FMCSA) — delivered a similar message to transportation providers. FMCSA officials said in an online update that […] [Read More]
Lane watch: Depreciation continues to accelerate
Tuesday, Jul. 23, 2024, 12:52 PM
Auto Remarketing Staff
If your dealership needs used inventory, now appears to be prime time to find what you need at lower prices. But your store might be the outlier stemming from the combination of trends included in the newest installment of Market Insights from Black Book. Analysts reported on Tuesday that wholesale prices dropped another 0.74% last […] [Read More]
DriveItAway forges another industry relationship; this time for fleet management & maintenance
Monday, Jul. 22, 2024, 02:45 PM
Auto Remarketing Staff
If the series of developments is an indication of its 2024 to-do list, DriveItAway Holdings is making the kind of steady progress that reinforce social media memes about business productivity. The latest move came last week when the company that offers “micro-lease to purchase” technology announced that it has partnered with Corporate Claims Management to […] [Read More]
OPENLANE promotes Orelaru to head of investor relations
Wednesday, Jul. 17, 2024, 01:38 PM
Auto Remarketing Staff
Digital wholesale used-vehicle marketplace OPENLANE has promoted senior director of corporate finance Itunu Orelaru to head of investor relations. Orelaru, who will report to executive vice president and chief financial officer Brad Lakhia, will be responsible for communicating OPENLANE’s vision, transformation and growth to stockholders and the financial community, the company said. “With her diverse […] [Read More]
Ex-NAAA staffer joins ServNet to lead events, education
Wednesday, Jul. 17, 2024, 12:02 PM
Auto Remarketing Staff
ServNet has added a former NAAA manager to help its auctions create events. Ana Williams, who spent four years with the National Auto Auction Association as education and training manager and association services coordinator, has joined the independent auction network as director of meetings and events. “Many of us at ServNet worked with Ana in […] [Read More]
Cox opens its newest tech training center at Manheim Chicago
Wednesday, Jul. 17, 2024, 12:01 PM
Auto Remarketing Staff
Cox Automotive took another step toward the future of its reconditioning operations last week with the grand opening of its newest auto tech training center at Manheim Chicago. The facility is Manheim’s fifth ATTC, joining training centers at Manheim locations in Southern California, Central Florida, New Jersey and Dallas. Cox announced plans to open the new […] [Read More]
Ship.Cars launches real-time tracking feature for vehicle shipments
Tuesday, Jul. 16, 2024, 12:18 PM
Auto Remarketing Staff
Ship.Cars is getting real. The auto logistics technology provider announced the addition of a real-time tracking/status link feature designed to give end customers updates on their vehicle shipments from dispatch to delivery, with 24/7 access to shipment status and locations. The company said the new feature, typically only available from last-mile delivery services in the […] [Read More]