September 15, 2008
HENDERSON, NV – Harry Chouinard, former regional sales manager of Wheels, Inc., passed away from prostate cancer September 7. He was 78.
Tags: Harry Chouinard, In Memoriam, regional sales manager, Wheels Inc.
August 15, 2008
MANCHESTER, NH – Marty Wilds has joined Merchants Leasing as regional sales manager for the Southeast Region.
Tags: Merchants Leasing, regional sales manager
June 24, 2008
SCHAUMBURG, IL – Union Leasing is pleased to announce the appointment of Jeffrey Malko as its regional sales manager for the Great Lakes and Northeast.
Tags: Great Lakes, Malko, regional sales manager, Union Leasing
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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: DuraStar Does The Job Green, F-Series Super Duty Named 2008 Medium-Duty Truck of The Year, Diesel VS. Gas and much more…