Author: Martin Romjue
The CAR panel on AI-driven vehicle inspections included: Dustin Cruz, vp of operations of OPENLANE; Raj Pofale, founder and CEO of Claim Genius; Kevin Kostuk, co-founder and director of Ariaal; John Coles, vp of information science and analytics at ACV Auctions; and moderator Dan Kennedy of DAK Consulting.Photo: Ross Stewart / Stewart Digital Media The clipboard-and-pen days of auto inspections are beginning to look as quaint as Texas Instruments calculators and antenna TVs.Artificial intelligence is rapidly transforming how vehicle remarketers and fleet operations inspect and rate vehicles.Experts on the 2025 Conference of Automotive Remarketing in March shared insights on how…
In a gripping, detailed, and harrowing keynote on March 19 in the course of the Conference of Automotive Remarketing, Commander Kirk Lippold rooted his message in the worth of integrity, responsibility, and trust, providing a plan for leadership under duress.Photo: Ross Stewart / Stewart Digital Media The deadly Oct. 12, 2000, terrorist attack on the united statesCole in Aden, Yemen, required its commander to exhibit two varieties of leadership: Urgent decisions within the moment that drew on the solid preparation, trust, and integrity developed over time.Commander Kirk Lippold, USN (Ret.), former commander of the united statesCole, led and managed his…
The combined sales for the three fleet sectors in September totaled 144,456 vehicles, down 6.4% from the September 2023 total of 154,000 fleet vehicle sales. Overall, year-to-date fleet sales widened their decline last month in comparison with 2023 levels as industrial fleet sales fell at the next rate, based on monthly Bobit fleet sales data released Oct. 1.Fleet sales for the primary three quarters of 2024 were 1,651,900, down 2.7% from 1,698,052 vehicles sold in the course of the same period of 2023. 2024 fleet sales began flatlining in July.The YTD decline will be attributed to an 8.4% dip in…
The combined sales for the three fleet sectors in July totaled 147,543 vehicles, down 14% from the July 2023 total of 171,464 fleet vehicle sales. Combined industrial, rental, and government fleet sales have collectively glided down for many of this yr, leading to a statistical 0% year-over-year tie as of July 31.Fleet sales for the primary seven months of 2024 hit 1,372,187, barely up from the 1,371,577 vehicles sold in the course of the same period of 2023. The miniscule rise of 610 vehicles registers as a 0% gain. The monthly fleet sector breakdown of July 2024 versus July 2023 sales…
Total sales over the primary six months of the 12 months reached 3.41 million units, an 8% increase in comparison with 2023’s YTD total. AuctionNet wholesale vehicle auction sales got here at about 522,000 vehicles in June, up a small 1.4% versus June 2023 but down nearly 14% from May 2024, in line with data released July 12 from the National Auto Auction Association.But there have been two fewer selling days this 12 months than in June 2023 and May 2024, and after accounting for this difference, sales were 11.5% higher on a prior-year basis and were down a lesser…