Author: News/Media Release
Tarry Shebesta joined NVLA in 2000, and by 2002 was nominated to the board.Photo: Automotive Fleet On the annual conference of the National Vehicle Leasing Association (NVLA) held in Austin, TX, Tarry Shebesta, CEO of Automobile Consumer Services, Inc. (ACS), was elected NVLA President for the 2024-2025 term.Shebesta last served as NVLA president in 2007-2008, the one member ever elected to a second term.Shebesta was considered for the position resulting from his quite a few years of experience within the vehicle financing and leasing industry, particularly within the fast-changing FinTech space.Tarry Shebesta’s ExperienceShebesta has been an energetic NVLA board member since 2002.…
The foremost market vehicle segments saw seasonally adjusted prices that were mostly lower 12 months over 12 months in September. In comparison with September 2022, vans and SUVs lost lower than the industry.Graphic: Cox Automotive Wholesale used-vehicle prices (on a combination, mileage, and seasonally adjusted basis) increased 1% in September from August, according the Manheim Used Vehicle Value Index (MUVVI) released Oct. 6, which rose to 214.3, down 3.9% from a 12 months ago.“September auction sales bolstered prices through the channel,” said Chris Frey, senior manager of economic and industry insights for Cox Automotive, in a news release. “While there…
Weaver served as IAG executive director for the last five years. He has been instrumental in advancing initiatives to deal with the needs of IAG’s membership. Dave Blake, whose auction profession spans 30 years, has served as co-chair of IAG since 2010.Photos: IAG / Graphic: Bobit and Canva The Independent Auction Group (IAG) announced Sept. 27 that executive director Lynn Weaver will retire, and IAG co-chair Dave Blake will grow to be the brand new executive director. The changes are effective immediately.The announcement was made through the NAAA World Remarketing Convention in Chicago the week of Sept. 25, which Weaver…
Standard features include automatic emergency braking with pedestrian detection, lane departure warning, rear automatic braking, and high beam assist. Photo: Nissan Nissan announced on Sept. 26 the brand new model yr Nissan Versa. The brand new compact sedan is on sale now from a starting Manufacturer’s Suggested Retail Price (MSRP) of $16,130.The compact sedan comes with essentially the most standard safety technologies in its class, which include class-exclusive Nissan Safety Shield 360 technologies.Standard features include automatic emergency braking with pedestrian detection, lane departure warning, rear automatic braking, and high beam assist. Available technologies include blind spot warning and rear cross-traffic alert.Versa…
At launch in the fourth quarter of 2023, the EV9 can be available in Light, Wind, Land, and GT-Line trim levels, offered in two battery sizes and rear-wheel drive or dual-motor AWD configurations.Photo: Kia Kia America revealed on Aug. 22 additional details concerning the 2024 EV9, including an advance reservation program to order the three-row EV SUV.At launch, the EV9 can be available in Light, Wind, Land, and GT-Line trim levels, offered in two battery sizes and rear-wheel drive or dual-motor AWD configurations.As a part of Kia’s EV9 reservation program, the EV9 is predicted to go on sale within the U.S. within…
