Commercial fleets are constantly dealing with canceled vehicle orders. Government fleets can help meet these needs – and cash in – by selling their used vehicles and heavy equipment.
Seven steps are shared to help move trucks more quickly and garner the best returns possible.
The deal will diversify Ritchie Bros.' truck, construction, and farm equipment customer base by providing it with a larger presence in the vehicle remarketing vertical that has strong industry fundamentals with proven growth.
The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
The city's previous contractor argues it was not made aware of a new contract DCAS was working on for 10 months. It also argues the new contract will cost the city $6 million more.
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
For fiscal-year 2021, New York City DCAS brought in $15.75 million in revenue between the sale of used vehicles and pursuit of restitution when private vehicles damage fleet vehicles.
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
The emergence of electric vehicles will be among the many top trends to be explored at the Conference of Automotive Remarketing June 15-17 that will be in-person and online.
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