KAR Global's Tom Caruso Set to Retire
Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.
Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
ACT Research said North American used truck sales volumes fell 35% in November.
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.
SelecTrucks and Daimler Truck Financial announce the introduction of a pre-owned Freightliner Cascadia program offering customers the ability to purchase a late-model Cascadia truck for lower monthly payments.
PacLease used trucks are sold through most Kenworth and Peterbilt dealership locations, with the automaker noting they are sought after by used-truck buyers.
Overall truck segment values declined 0.83% last week, compared to 0.99% the week before.
The UTA honored Victoria Lombardo with this year’s Rookie of the Year Award at the UTA’s annual convention.
Overall used vehicle values, and truck values in particular, were down month-over-month in October, according to Black Book’s latest Used Vehicle Retention Index.
There is a lot that sellers — and buyers — should know about the pre-owned alt-fuel market before selling or purchasing alternative-fuel trucks.
While used truck prices only dipped slightly in August, the 1% year-over-year decline is the first since January 2018, according to ACT Research’s latest report on used Class 3-8 trucks.
Consignment and sales from the acquired facility will be merged into existing operations at Indiana Auto Auction, according to Eric Autenrieth, who leads the auction group.
Nick Peluso, a 30-year veteran of the remarketing industry and leader at Manheim since digital auction sales were a burgeoning idea, will retire at the end of the year.
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.
The trucks and vans that topped J.D. Power's lists for 2019 Resale Value awards include the GMC Sierra 3500, Toyota Tundra, Toyota Tacoma, and Honda Odyssey minivan, the firm announced.
As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing. As we look back at 100 years of Chevy truck history, here’s a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date. Photos courtesy of General Motors.
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