Managing the Financial Side of Commercial Fleets

Fleet Financials Top News

Photo: GM

GM Offers Built-In Telematics Solution

Sponsored by General Motors

Telematics has evolved into a full suite of services. GM has an OEM-provided solution that can fit fleets of all types and sizes.

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Photo courtesy of NHTSA.

Safety Tip: Tire Maintenance

In recognition of National Tire Safety Week, here are some tire maintenance tips from the National Highway Traffic Safety Administration.

Photo of 2018 Q5 courtesy of Audi.

Audi Sets 2018-MY Fleet Incentives

Audi has announced incentives for its 2018 model-year lineup of luxury sedans and SUVs that includes a next-generation Q5 and new A5 Sportback sedan.

Photo via Max Pixel

Trump’s Budget Slashes Vehicle Technology Funding

President Trump’s 2018 proposed budget slashes the Department of Energy’s Vehicle Technology program funding, reducing it by nearly 74%. The cuts include terminating funding for the Clean Cities program.

Automotive Fleet file photo.

These 11 Vehicles Had No Driver Deaths

A new study from the Insurance Institute for Highway Safety lists 11 2014 models that recorded zero driver deaths.

Photo of 2018 XE courtesy of Jaguar.

Jaguar Land Rover Offers 2018-MY Fleet Incentives

Jaguar Land Rover will offer corporate incentives for five Jaguar models and four Land Rover or Range Rover models as part of its dealer-based program.

Photo of 2018 5 Series courtesy of BMW.

BMW Announces 2018-MY Fleet Incentives

BMW will offer incentives for 14 of its 2018 model-year vehicles and the six MINI models under its national corporate fleet program through participating dealers.

Photo of 2018 GMC Yukon Denali courtesy of GM.

GMC Yukon Denali Adds 10-Speed Transmission for 2018

GMC's Yukon Denali will arrive for 2018 with a new 10-speed transmission, sculpted grille, and interior upgrades, General Motors has announced.

Sutton Leasing Seeking Regional Sales Manager

Sutton Leasing is offering an opportunity to a qualified individual to help the fleet management company grow. The company is seeking an experienced sales professional for our Sterling Heights, Mich. office.

Photo of Volvo S90 by Vince Taroc.

Volvo Offers 2018-MY Fleet Incentives

Volvo will offer fleet incentives with five of its 2018 model-year vehicles, the company has announced.

Glose

CEI Promotes Glose to SVP

The CEI Group has promoted Bob Glose to the role of senior vice president, who previously served as corporate vice president for the company.

Logo: SiriusXM

ARI to Offer SiriusXM to Fleet Clients

ARI will offer SiriusXM to its fleet clients under a new partnership the fleet management company says will help companies improve driver retention rates.

Safety Tip: Preventing Injuries Tied to Air Bags

Drivers can take certain measures to mitigate the risk of serious injury arising from air bag deployment. Here are some tips from the Kansas Department of Revenue’s Division of Vehicles.

Photo of Jim Hackett courtesy of Ford.

Ford Replaces CEO Fields With Mobility Head Hackett

Ford has replaced CEO Mark Fields with Jim Hackett, who has led its mobility business unit for the past year. Ford views Hackett as a "transformational business leader" as it seeks to boost profit amid investor pressure.

Photo of the 2018 Forester Black Edition courtesy of Subaru.

Subaru's 2018 Forester Starts at $23,710

Subaru's base 2018 Forester with the 6-speed manual transmission will increase $200 to $23,710 for the compact SUV, Subaru has announced.

Photo by Djmaschek/Wikimedia Commons.

Memorial Holiday Road Deaths to Rise 12%

The National Safety Council estimates more than 400 people might die in vehicle crashes during the upcoming Memorial Day holiday period -– a 12% jump from recent years.

Screenshot of Tom Kontos courtesy of ADESA.

April Used Prices Rise on Truck Strength, Kontos Says

Average wholesale prices increased in April from March and from a year ago on the strength of truck values, but several benchmark segments in fleet lease sales are showing weakness, said Tom Kontos in his monthly commentary.

Photo of 2015 Porsche Cayenne diesel courtesy of Volkswagen AG.

VW's 3.0L Settlement Approved by Judge

A federal judge has signed off on Volkswagen's settlement with regulators to resolve civil claims over diesel vehicles powered by its 3.0L V-6 TDI engine, the company has announced.

Photo of 2018 XC60 courtesy of Volvo.

2018 Volvo XC60 Starts at $41,500

Volvo's 2018 XC60 luxury SUV will retail for at least $41,500 and arrive as the first Volvo built on the new 60 series platform of smaller cars and crossovers, Volvo has announced.

SambaSafety Partners with NETS

SambaSafety has been selected as a sponsor/partner with the Network of Employers for Traffic Safety (NETS), the Albuquerque-based company announced.

Photo of Q8 concept vehicle with integrated Android courtesy of Audi.

Audi Shows Integrated Android Operating System

Audi showed a Q8 concept utility vehicle that features an infotainment system that fully integrates Google's Android operating system that would go beyond the current Android Auto.

Photo of 2018 A4 courtesy of Audi.

Audi Releases 2018-MY Pricing

Audi has provided full pricing and details for carryover models for its 2018 model-year lineup, which will also include the second-generation Q5 and A5 Sportback sedan.

GM Financial Reports Downdraft in Used Car Values

GM Financial reported $202 million in net income in the first quarter of 2017, a 23% increase over the same time last year, despite pressure on used-car values, the company has announced.

Photo by C.G.P. Grey/Wikimedia Commons.

Crashes Account for 41% of Work-Related Accidental Deaths

Overall, the leading cause of accidental death in the U.S. is poisonings -- including drug overdoses -- according to a new report from the National Safety Council.

Conte

Waste Management Names Senior District Fleet Manager

Sal Conte was named senior district fleet manager at Waste Management in Richmond, Va., and Fredricksburg, Va.

Sebastiani

Abbott Names Fleet Manager

Karla Sebastiani, CAFM, was named U.S. fleet manager for Abbott. Sebastiani is employed by Element Fleet Management.

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