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August 22, 2008

GM Adds 12-Month/12K-Mile Bumper-to-Bumper Warranty on GM Certified Used Vehicles and Saturn CPO Vehicles

DETROIT – GM will provide a 12-month/12,000-mile "bumper-to-bumper" warranty on all GM Certified Used Vehicles and Saturn Certified Pre-Owned Vehicles in the U.S.

Tags: bumper to bumper warranty, certified used vehicles, General Motors

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The Credit Crisis Impact on Fleet? Look to 1973 for Clues

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.

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

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.

Don't Let Drivers Grow Complacent with Lower Fuel Prices

By Mike Antich

94% of Fleet Managers Don’t Know the Whereabouts of Their Fleet Vehicles

By Mike Antich

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Fleet Financials - May/June 2008

In This Issue:
Xerox Reduces Costs and Vehicle Emissions Years Ahead of Schedule, How Fleets Benefit From the Economic Stimulus Act of 2008, How to Conduct a Fleet Performance Review and much more…