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48% of field service leaders are investing in AI to manage customer communication and self-service. Get the latest on how fleets are using AI and thinking about the future.
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To support social distancing measures related to COVID-19, customers can search through an extensive online inventory, speak with an expert via phone or email, and schedule a safe delivery or pick-up.
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As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
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Now in the midst of the coronavirus crisis, pressure on residual values is predicted to increase lender’s credit losses as vehicle sales slow and unemployment rises. Now is the time for some creative online solutions.
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Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.
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As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.
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As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February.
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As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
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The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
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Quanta Services has partnered with Ritchie Bros. to develop a new online inventory management system that will help improve how the company redeploys assets across its operating locations and subsidiaries.
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As of Dec. 1, 2019, pickup truck values continued their downward trend a bit more steeply between November and December 2019 since a peak in June.
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