October 16, 2008
ALPHARETTA, GA – LeasePlan USA has announced the appointment of Nancy D'Amico to the position of senior vice president and chief information officer.
Tags: chief information officer, CIO, LeasePlan USA, senior vice president, Senior VP
September 5, 2008
SAN DIEGO – Qualcomm Incorporated has appointed Robert Walton as senior vice president and division president of Qualcomm Enterprise Services.
Tags: division president, Qualcomm Enterprise Services, Qualcomm Incorporated, senior vice president
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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: Mixed ’08 OTD Performance: Some Models Up, Some Down, Pitcher Takes the Helm at LeasePlan USA, Person Use Charges Increase in 2008 and much more…