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Penske Used Trucks announced it has opened a commercial truck dealership in Torrance, Calif., where it will sell used light-, medium-, and heavy-duty trucks, trailers, and related equipment.
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ARI will host a webinar highlighting best practices in vehicle remarketing, giving fleet personnel the opportunity to explore and discuss various vehicle remarketing strategies to help determine the best options for their fleet.
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The Westlake Financial Services Remarketing Department announced its top regional auction performers for the first quarter.
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The top challenge facing truck fleets continues to be managing fuel spend. Other challenges include rightsizing, rising tire costs, remarketing, and improving fleet efficiency. An emerging trend is the shift to lighter-weight upfits.
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Because of historically high resale rates, most commercial fleets no longer sell out-of-service medium- and heavy-duty Class 3-8 trucks to their employees.
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There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
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Three security industry veterans share their strategies for procuring, maintaining and keeping track of the vehicles that help keep our homes and businesses safe.
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Hyundai is on a roll with strong retail sales and views commercial fleet sales as an opportunity to further expand its reach into the U.S. market. It recently assembled a new fleet management team to expand its commercial fleet sales.
Read More →The Internet remarketer sets a new repossessed vehicle sales record in the first quarter this year.
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Your next out-of-service utility truck may be worth more than you think. Check out the latest online valuation tools and alternative sales channels that could up your return on investment.
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