April 4, 2008
NEW YORK – Volvo Cars’ in-house developed technology for avoiding low-speed collisions — is receiving the American “Traffic Safety Achievement Award” at this year’s World Traffic Safety Symposium in New York.
Tags: City Safety, Volvo, XC60
March 10, 2008
IRVINE, CA – The new Volvo XC60 has its unveiling at the Geneva Motor Show in March, with the first cars reaching dealers in Europe in fall 2008.
Tags: Volvo, XC60
March 7, 2008
GÖTEBORG, SWEDEN – The new Volvo XC60 features City Safety, which can help the driver avoid or reduce the effects of the type of low-speed impacts that are common in city traffic and traffic tailbacks.
Tags: City Safety System, Geneva Auto Show, Volvo, XC60
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By Mike Antich The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.
By Mike Antich Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.
By Mike Antich
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In This Issue: 15 Nominees Vie for 2008 Fleet Manager of the Year, Tire & PM Costs Increased Car Maintenance Expenses in 2007, Economic Slowdown Causes Fleet Resale Value to Decline and much more…