October 6, 2008
TORRANCE, CA – Have a strange but true fleet story about driving a company vehicle? Submit it for Automotive Fleet's "Strange but True" department!
Tags: Drivers, fleet management, strange but true
April 1, 2008
UNITED KINGDOM – New research by UK road safety charity Brake suggests that at-work drivers are significantly more likely to tailgate than other drivers.
Tags: Drivers, rear-end collisions, safety tips, tailgating
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By Mike Antich Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.
By Mike Antich October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.
By Mike Antich
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In This Issue: Creating a Legacy, Are Your Pants on Fire?, Signs of the Times and much more…