Hilco to Sell Detroit's Surplus Municipal Vehicles

September 12, 2014 - Press Release

The City of Detroit has awarded Hilco Industrial a contract to manage the sale of the city’s surplus transportation, rolling stock and public utility maintenance vehicles.

The Farmington Hills-based firm and Miedma Asset Management won the contract after a several month-long bidding process. Gov. Rick Snyder signed the three-year contract on Sept. 2.

The Detroit Department of Transportation, Public Lighting, Public Works, Police and Fire Department are all on the list for selling excess vehicles. The firms plan to start marketing the vehicles this month.

Miedema Asset Management has previously worked with Hostess during its bankruptcy and sold more than 12,000 of the company’s vehicles in 2013. The City of Detroit filed for bankruptcy in July of 2013. It is the largest municipal bankruptcy filing in U.S. history.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Article News

Popular Stories


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Public Fleet Tracking And Telematics

Amin Amini from Verizon Connect will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Recent Topics

I am looking for a used bucket truck for around $50k for our traffic division. The only stringent requirement is the 50' bucket work...

View Topic

How many different types of antifreeze do you stock? I’m curious to know what others are doing to deal with the numerous specifications...

View Topic

Fleet Documents

1126 Fleet Documents (and counting) to Download!

Sponsored by

The California ARB oversees all air pollution control efforts in California to attain and maintain health-based air quality standards.

Read more