Do You Have an Emergency Management Plan for Your Fleet?

Hurricane Sandy’s deadly tear through the Northeast was a painful reminder that companies must have an emergency management plan for their fleet and fleet managers must be prepared for whatever crisis is sent their way. NAFA’s new Emergency Manuals – one for Corporate fleets, one for Public fleets – can help fleets manage during such […]

New Vs. Used Retail Transactions – Mainstream Sector

• ALG studied new versus used retail transactions from January 2009 to July 2012 – this chart studies mainstream vehicles
• Used vehicle values have reached historically high levels, but those values are beginning to soften
• Analysis indicates that while used supply will continue to be limited, demand is shifting toward new vehicle purchases

SUPERSTORM SANDY: Expect Complications from Storm Damaged Vehicles in Northeast

Hurricane Sandy will take weeks to sort out in the storm-battered Eastern Seaboard. The destruction is likely to include thousands of vehicles damaged or destroyed by floodwater, and some will have to be scrapped. Many states, such as New York and New Jersey, have strict rules covering vehicles that have been totaled in accidents or floods.

Ricky Beggs on How Hurricane Sandy is Impacting Used Market

The impact of Hurricane Sandy has the potential to alter the used-car landscape, especially throughout the northeast part of the US, says Ricky Beggs, senior analyst at Black Book. The hurricane may place more stress on used-vehicle supplies as consumers look to replace vehicles damaged in the storm. Dealers will have to get creative where […]

Remarketing Leaders Grieve Loss of IARA’s Matt Marks

Matt Marks, the long-time Executive Director of the International Automotive Remarketers Alliance (IARA), died on Sunday, Oct. 28, from a heart attack. He was 70 years old, and is survived by his wife, Rita. In his role as executive director of the IARA, Marks was charged with ensuring the Alliance’s objectives were met, while taking […]