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Lyft Business Partners with Key Industries

The mission of Lyft Business is to help organizations of all sizes design transportation solutions for their employees and customers. Lyft Business works closely with partners to identify solutions that address specific challenges in their industries.

Fed Reserve Approves Second Rate Hike of 2018

With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.

How Fleets Source Replacement Parts

When procuring replacement parts for their vehicles, more than two-thirds of commercial fleet managers surveyed by Automotive Fleet don't mandate factory parts and nearly three of four didn't identify a preferred brand.

BMW Debuts Subscription Service

BMW's finance arm has launched a new vehicle subscription service that provides users with unlimited access to certain BMW vehicles for a monthly price across two tiers that includes maintenance, insurance, and roadside assistance.

First Kenworth Dealership Opens in Hawaii

Kenworth Hawaii has opened a 14,500 square foot dealership in Kailua-Kona, allowing customers on the Hawaiian Islands to purchase Kenworth trucks without going through stateside dealers.

Genesis Unveils Plan for Dealer Network

Hyundai Motor America and Genesis Motor America have begun the process of selecting dealers to operate 100 stand-alone Genesis stores, which would be built out over the next three years, according to the company.

AFLA Adds Four to Board

The Automotive Fleet and Leasing Association (AFLA) has added four new board members, including Siemens fleet manager, Dejana's fleet and leasing director, the president of an influential fleet dealer, and the vice president of Fleet Street Remarketing.