March 11, 2013 - Industry News
Auto body services company Maaco has launched Maaco Fleet Solutions, which will provide a number of services, including rebranding fleet vehicles, restoring them in advance of remarketing, and accident management services.
Tags: accident management, Maaco, Maaco Fleet Solutions
March 1, 2013 - Industry News
Designated Chevrolet and GMC dealers will provide priority service and hours to fleet customers; offer them business financing and leasing options; handle remarketing and disposal; offer work-ready loaner vehicles; and offer 24-hour towing service.
Tags: General Motors Corp., GM Business Elite, Gm Business Choice, fleet dealers
February 13, 2013 - Industry News
More than 3,500 vehicles, including box trucks, pickup trucks, step vans, tractors, trailers, vans, and yard jockey's are being auctioned off by Hilco Industrial, LLC.
Tags: Auction, Hilco Industries, Hostess Brands
February 11, 2013 - Press Release
FLD, Inc. announced the launch of eCR (electronic condition report), the first smartphone app guaranteed to provide fleet managers the true fair market value of their vehicles.
Tags: Inc., Smartphone app, FLD
February 5, 2013 - Industry News
Automotive Fleet spoke with Black Book’s Ricky Beggs, senior analyst for the company, about the effect models introduced at the North American International Auto Show (NAIAS) in Detroit will have on used-vehicle values in the future.
Tags: resale value, Pickup trucks, Black Book
November 29, 2012 - Industry News
KBB’s Best Resale Value Awards are based on projections from the Kelley Blue Book Official Residual Value Guide and look at current and forthcoming vehicles for their projected retained value throughout the initial five-year ownership period. The awards are by brand and by vehicle segment.
Tags: Toyota, residual values, Kelley Blue Book, resale value, Lexus, used cars, used car market
November 28, 2012 - Industry News
Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.
Tags: resale value, Black Book, used car market, used car prices, Hurricane Sandy
November 8, 2012 - Industry News
Post Hurricane Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
Tags: resale value, Black Book, used vehicle sales, Ricky Beggs, used car prices, Hurricane Sandy
October 25, 2012 - Industry News
Values on used cars improved overall over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks, according to Black Book.
Tags: Black Book, used car market, used car prices
October 11, 2012 - Industry News
Domestic used vehicles averaged $14,839 at the end of September, down from $15,055 at the beginning of the month.
September 27, 2012 - Industry News
Black Book reported that resale values declines in the car segment have become increasingly large since April, though the truck segment, on the other hand, has seen price drops slow.
Tags: used car prices, used car market, Used Truck, Ricky Beggs, Black Book, used vehicles
August 22, 2012 - Industry News
Ricky Beggs, Black Book managing editor, said he believes the functionality of utility vehicles and the necessity of pickup trucks to many businesses’ operations is keeping those segments higher.
July 31, 2012 - Industry News
The two biggest segment drops for the first six months of 2012 are the Near Luxury Car and Full-Size Van Cargo categories, at -5.7% and -6.2% respectively.
Tags: resale value, Black Book, used car market, used car prices
July 10, 2012 - Industry News
Last month Beggs reported a pattern of decreasing wholesale prices for medium-duty trucks, and this month brings more of the same, especially with late-model medium- and heavy-duty vehicles.
Tags: Black Book, wholesale market, Medium-duty trucks, heavy-duty trucks, Ricky Beggs, used car market, used car prices, prices
June 26, 2012 - Industry News
Activity in pricing adjustments was ‘pretty substantial,’ reports Ricky Beggs, managing editor of Black Book, adding that with more than 2,300 vehicles adjusted each day throughout the week, the trend is very similar to the previous two weeks.
Tags: Black Book, used vehicle sales, Ricky Beggs, used car market, used car prices, used-truck sales, used tru
June 14, 2012 - Industry News
Resale values have been high for the past two years-plus in the wake of the automotive industry’s 2009 downturn, but recent values haven’t been quite as strong in a number of vehicle categories. As for fleet vehicle segments that are retaining value, core 'fleet' sedans, have resale values that are staying strong.
Tags: SUV, resale value, luxury vehicle, Black Book, hybrid vehicles, mid-size vehicle, used vehicle sales, Ricky Beggs, compact car, CAFE standards
April 12, 2012 - Industry News
Average auction prices climb above $10,000 for the first time since June 2011.
Tags: ADESA, Tom Kontos, used car prices, auction prices, KAR Auction Services Inc.
March 23, 2012 - Industry News
KBB stated that in 2011, fuel-efficient vehicle values hit record levels when gas prices approached $4 per gallon, and if prices continue to rise, the company expects to see a similar trend this year and for values to increase within the next 30 to 60 days.
Tags: Kelley Blue Book, resale value, hybrid vehicles
March 21, 2012 - Industry News
Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
Tags: Black Book, Ricky Beggs, used car market, used car prices
The Sales NetWork launched a new website for customers looking to buy and sell used alternative-fuel vehicles and equipment.
Tags: Biodiesel, Ethanol, hybrid sales, Alternative-fuel vehicles, hybrid vehicles, electric vehicle, CNG vehicles, propane autogas, The Sales Network
February 23, 2012 - Industry News
WESTLAKE VILLAGE, CA — MY-2009 one of the toughest years in automotive history have exhibited strong quality, translating into ongoing dependability. This was the conclusion of J.D. Power and Associates 2012 U.S. Vehicle Dependability Study (VDS).
Tags: Toyota, Hyundai, Lexus, Nissan, J.D. Power, Ford, 2012 Vehicle Dependability Study, 2009-MY
November 30, 2011 - Industry News
Every year Kelly Blue Book announces the “Best Resale Value Awards” for the best overall brand, luxury brand and vehicles by category.
Tags: Kelley Blue Book, resale value
November 18, 2011 - Industry News
SANTA BARBARA, CA – ALG announced its 13th Annual Residual Value Awards, which honor vehicles in specific segments that the company predicts will retain the highest percentage off MSRP after a three-year period.
Tags: residual values, ALG, Residual Value Awards
August 26, 2010 - Industry News
Prices for mid-size cars coming out of commercial fleets fell lower in June and July after hitting new records the previous three months.
Tags: Auction, wholesale market, new vehicle sales, used vehicle sales
July 15, 2010 - Industry News
These power plants, at a significant premium cost over the gas engines, from $7,200 to $7,800 when new, have a very positive retention value, currently at $7,400 for a used three-year-old model.
Tags: Pickup trucks, diesel engines, gas engine, used vehicle sales
Save time and money. Search for fleet jobs. Advance your career. Access our career coaching services
Sign up for the trusted authority in the automotive industry
All Rights Reserved.