Hurricane Flood Vehicles Surface in California
Insurance Commissioner John Garamendi warns that many flood-damaged vehicles have made their way to California and advises potential buyers to run a thorough background check before purchasing a used car. Damaged vehicles are moved from state to state until their titles are "cleansed" of their salvage status.
Black Book Index Chosen by GE Fleet Services, PHH Arval for Resale Benchmarking
GE Commercial Financial Fleet Services and PHH Arval are the first leasing companies to benchmark commercial fleet resales against Black Book Commercial Index. The index data will be available to fleet managers online and will provide timely and accurate vehicle wholesale values.
