May 16, 2008
MT. LAUREL, NJ – Vince Gordon, former Vice President of Sales for Automotive Resources International (ARI), passed away on May 12 at the age of 57.
Tags: ARI, Vince Gordon
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By Mike Antich The high cost of raw materials, in addition to the high cost of fuel, is starting to make a financial impact on fleets by increasing costs for truck chassis, bodies, trailers, liftgates, and other upfit equipment. On July 9, Navistar announced that rising commodity costs have forced the company to increase prices of International truck models. Is this another in a series of commodity-related price increases that we will see from other OEMs, upfitters, and trailer manufacturers?
By Mike Antich Today's new-vehicle market will generate (ultimately) the used-vehicle market of tomorrow. If there is a decrease in new-vehicle sales, there will be a corresponding decrease in the future number of used vehicles in the marketplace. Even though there is a lot of nervousness in the market, no one is anticipating a dramatic decrease in new-vehicle commercial fleet orders for the 2009 model-year. However, the same cannot be said for the retail new-vehicle market.
By Mike Antich
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In This Issue Residual Values Forecasted to Decline 1.5% in 2004, Using Exception Reports to Avoid Wasting Fuel Dollars, 2003 Auto Manufacture Fleet Customer Satisfaction Survey Results and much more...