News
Wholesale Prices Jump Early in 2021
The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals.
This regular column is designed to provide a platform for fleet managers to let their voices be heard to their peers and other fleet professionals.
Topics include how fuel prices may be impacted by a potential increase in the federal and state fuel taxes and an increase in CAFE fuel efficiency standards; how rising commodity prices may impact the price of fleet products; and how the ongoing global shortage of microchips is slowing vehicle production and increasing lead times.
Wholesale used vehicle prices increased in the first 15 days of January compared to the month of December, bringing up the mid-month Manheim Used Vehicle Value Index.
James David Power III, founder of automotive data analytics and consumer intelligence company J.D. Power, died on Saturday, Jan. 23, 2021. He was 89.
Topics discussed included addressing product availability challenges; how to maximize vehicle uptime and efficiency; and how work-from-home company practices will impact fleet business activity.
Check out the latest State of the Fleet Industry video report that discusses GM's creation of its commercial EV brand called BrightDrop and the launch of the EV600 all-electric commercial van; the shortage in automotive semiconductors impacting vehicle production; Wheels’ integration with OnStar data; Cox Automotive expansion into fleet management services; and the entry of Jim Pattison Lease into the U.S. fleet market.
Stellantis, the merger between Fiat Chrysler Automobiles and Groupe PSA, will “embrace electrification, connectivity, autonomous driving, and shared ownership,” the company said.
Fleet Response's new safety program director will oversee the creation and implementation of new training programs along with managing the delivery contractor program and the final mile delivery offering.
LeasePlan USA has promoted Jon Stafford to the role of SVP of corporate fleet, where he will oversee the FMC’s business development and client success teams.
The Alexa Custom Assistant solution is built directly on the Alexa technology stack within FCA’s Uconnect system.
The data represents a 4.6% increase when compared to the same period of time of January 2019 to September 2019.
Element Fleet Management has appointed Frank Ruperto as its chief financial officer, who will assist Element in the execution of its organic growth strategy, according to the company.
General Motors has revealed a new electric delivery vehicle that will feature an estimated 250 miles of range following the announcement of its BrightDrop business unit, which is designed to offer a new ecosystem of electric first-to-last-mile products, software, and services for delivery and logistics companies.