February 25, 2008
GENEVA – The new Volvo XC60 has its premiere showing at the international car show in Geneva on Mar. 4, and the first cars will reach dealers in Europe in autumn 2008.
Tags: Geneva Auto Show, Volvo, Volvo XC60
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By Mike Antich Reducing unnecessary idling is the simplest and easiest way for a fleet to reduce fuel costs. Besides wasting fuel, excess idling also causes unnecessary emissions, noise pollution, and needless engine wear-and-tear. The amount of unnecessary idling varies by fleet, but some fleets have recorded idling as much as 35 percent of the time.
By Mike Antich The bread-and-butter customers of out-of-service fleet vehicles are buyers with C and D credit, namely subprime buyers. However, funders have tightened underwriting standards to manage these higher risk borrowers. Some lenders have caps on how low a FICO score they are willing to fund, which is often above the threshold of subprime borrowers. If this continues, it will have significant long-term implications for the sale of used fleet vehicles.
By Mike Antich
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In This Issue: Marketing & Sales Insights, Internet, Buy-Here, Pay Here and much more…