RMS Automotive Earns Inaugural Europe International Car Remarketing Award Click to view online.

December 11, 2017
<p><em>Courtesy of Black Book.</em></p> Weekly Small Car Depreciation Spikes

Respectively, subcompact cars, compact cars, and subcompact crossovers realized the highest depreciation rates among all vehicles tracked at 1.12%, 0.86%, and 1.38%.

<p><em>Courtesy of Fleet Europe.</em></p> RMS Automotive Earns Inaugural Europe International Car Remarketing Award

RMS Automotive received the award based on its RMS Automotive Inventory Management Solutions, which is a modular inventory management software that reduces risk and maximizes return on investment.

<p><em>Website screenshot.</em></p> TradeRev Launching New Updates to Mobile App

TradeRev has released an update to its mobile app that will leverage KAR Auction Services, Inc. in order to bring a host of new features to its mobile platform, according to a company announcement.

Used Vehicle Index Rises for Third Straight Month

Black Book's Used Vehicle Retention Index for November, rose 0.3% month-over-month from 114.6 to 115.0, its third straight monthly increase dating back to August when it was at 112.6.

<p><em>Courtesy of KAR Auction Services.</em></p> KAR Donating $250,000 to Indiana Non-Profit

KAR Auction Services, Inc. has committed $250,000 to City Life Wheels of Central Indiana, a non-profit that uses donated vehicles to teach Indianapolis youth basic auto maintenance and repair skills, according to a company announcement.

<p><em>Courtesy of Carvana.</em></p> Carvana Adds Second Arizona Market

Carvana has added a second market in its home state of Arizona with the addition of Tucson to its list of cities it offers next-day delivery to, according to a company announcement.

Voting for 2018 Consignor of the Year Opens

Voting has opened for the 2018 Consignor of the Year, an award sponsored by Bobit Business Media and the National Auto Auction Association.

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