Element Fleet Management Corp. recorded a profitable first quarter, as it strengthened its balance sheet with $150 million in planned benefits from its company transformation plan that was announced in October.
Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.
Verizon Connect has begun offering roadside assistance to customers of its Reveal telematics platform that helps connect administrators and their drivers to around-the-clock assistance.
General Motors, which has been an MSTS client since 2001, will utilize MSTS’ credit as a service solution suite
Overall car segment values were up 0.24% last week, compared to 0.29% the week before. Overall truck segment values were up 0.16% last week, compared to 0.19% the week before.
Lincoln's 2020 Corsair entry-level crossover that debuted at the New York auto show will replace the MKC, as the luxury brand continues it overhaul of its crossover lineup in recent model years.
Donlen will begin offering the Nauto Coach video safety system to its fleet customers under a new partnership with the Silicon Valley telematics provider, the fleet management company has announced.
Vincentric has identified the 2019 vehicles that provide the best value for fleets to own over a three-year time period. The list includes Nissan and Infiniti with 11 awards and Kia with seven.
Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.
Inspired by the labor shortages in the transport and construction industries, Teletrac Navman assessed if the relationship between compensation and the danger of the jobs within those fields could potentially be affecting the size of the recruitment pool.