High-End Fleet Salaries Reach All-Time High
There was a jump in fleet managers who reported seeing a decrease in their salaries in 2020, though the majority continued to report annual salary increases.
There was a jump in fleet managers who reported seeing a decrease in their salaries in 2020, though the majority continued to report annual salary increases.
Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
For managers of large corporate fleets looking to electrify, these internal practices must be followed before spending capital and setting up operations.
The chair of the Association of Fleet Professionals (AFP), a UK-based organization representing the interests of fleet managers, believes fleets should skip plug-in hybrid models on fleet policies and focus on pure electric models.
Today’s international market conditions are not so different than they were 20 years ago and there are opportunities to be had (but no one said it was easy).
The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.
CarNow allows dealers to view and serve shoppers in “real-time” as they engage with a dealer’s virtual or physical showroom.
With the help of industry experts, Automotive Fleet takes a look at the current state of the used-vehicle market and what the near future may hold.
October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.
But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
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