September 5, 2008
NORTHBROOK, IL – Donlen Corp. has appointed Tom Callahan as the new president and chief operating officer, effective Sept. 1.
Tags: Callahan, chief operating officer, Donlen Corp., president
August 22, 2008
ATLANTA – After eight years in the role of CEO for LeasePlan USA, David Dahm has decided to step down, but will remain on as chief operating officer.
Tags: CEO, chief operating officer, LeasePlan USA
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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: Exclusive Survey: Accident Management Cost Trending and Upward, What’s Ahead for Fleet in MY-2009, OEMs Offer 2009-MY Commercial Fleet Incentives and much more…