UK’s BCA Predicts Strong Used Values in 2014

As average used car values have surged to record levels during 2013, BCA suggests next year could bring more of the same in the used car market as the availability of retail quality used cars is likely to remain limited. Average used car values in 2013 have seen a substantial year-on-year rise over 2012 according […]

NAFA’s 2014 Institute & Expo Comes To Red Hot Minneapolis In April

Fresh off one of the most successful conferences in recent memory, NAFA Fleet Management Association is bringing its annual Institute & Expo to Minneapolis, MN, one of the hottest travel destinations in the United States.  The annual conference, which takes place April 8-11, 2014, brings fleet professionals from throughout the United States and Canada together […]

ARI Announces New Executive Appointments in Canada

ARI announces that Rick Tousaw has been promoted to Senior Vice President and General Manager of ARI Canada and Craig Balfour has been promoted to Vice President of Sales for ARI Canada. “We’re incredibly pleased to have Rick and Craig stepping into these new roles,” said Executive Vice President of Global Operations Chris Conroy. “I […]

Joe McDonald Named Chair of NAFA’s Affiliates Committee

NAFA Fleet Management Association is proud to announce that Joe McDonald, Senior Director, Account Management at Wheels, Inc. has been appointed Chair of the Affiliates Committee, which represents the interests of this important segment and helps foster relationships. “We are excited to have Joe McDonald take over the leadership of our Affiliates Committee,” said NAFA’s […]

Auction Volume Index for Entry-Level Luxury Segment

• Auction volume throughout year has been up across almost all segments, but not as much as entry-level luxury and compact SUV segments.
• Volume growth due mainly to increase in lease returns.
• Lease sales began to recover in 2011 and are starting to return as off-lease – large portion coming through auction lanes.