April 1, 2008
FRANCE – Gianluca Soma has been appointed chief executive officer of ALD International. He succeeds Jean Claude Renaud, who has retired after 15 years at ALD Automotive.
Tags: ALD International, fleet management, Leasing, Société Générale Group
February 5, 2008
LAVAL, QUEBEC – Datacom Wireless Corporation has signed an exclusive three-year agreement with Empress Truck Leasing to supply an initial order of 300 units of Datacom’s VGSM-150i solution in the Empress fleet.
Tags: Datacom Wireless, Empress Truck Leasing , Leasing
December 20, 2007
ITASCA, IL – EMKAY, Inc., a nationwide full-service fleet leasing and management company, has launched an online tool for auctions/wholesale dealers to view Web-based vehicle maintenance history.
Tags: EMKAY, Leasing, maintenance
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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: Freightliner M2e Hybrid Gets Down to Business, Ship-To Vs. Ship-Thru Ordering: What’s Better For Your Fleet?, Spec’ing Box Truck Bodies to Maximize Productivity and much more…