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Procurement

Infiniti Offers 2019-MY Fleet Incentives

Infiniti will offer street fleet incentives for commercial purchasers for the 2019 model year for seven of its nameplates, according to the company.

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Nissan Releases 2019-MY Fleet Incentives

Nissan will offer street fleet incentives for 17 of its vehicles for the 2019 model year, including its new Kicks subcompact SUV.

How to Defend Your Fleet Budget to Senior Management

For bosses who think you can get by with fewer trucks, there are steps you can take to gain their buy-in and help them see the true costs of running your fleet.

Collaboration Between Procurement & EHS Can Yield Dramatic Spend Reductions

Procurement underperforms in cross-collaboration initiatives with other corporate spend categories, such as Environment, Health & Safety (EHS) and supply-chain management. A key collaboration opportunity is in the area of fleet safety.

Federal Reserve Keeps Rates Steady

The Federal Reserve voted unanimously to maintain the target range for the federal funds rate at 1.5% and 1.75% on Wednesday, but hinted at a possible rate hike in June with inflation creeping closer to its 2% goal.

Commercial Fleet Sales Increase 10% in March

Sales of vehicles to commercial fleets from eight manufactures increased 10.1% to 72,344 in March as sales of trucks, vans, and SUVs increased 10.4% to 62,419 and passenger car sales increased 8% to 9,925 units compared to a year ago, according to Automotive Fleet data.

Forces Threaten to Change Fleet From a Career to a Stepping Stone

Although fleet management is a relatively new career segment, changes are percolating that threaten to transform it from a career path to a corporate stepping stone. The confluence of three fleet megatrends will be the catalyst fueling this transition.

Commercial Fleet Sales Increase 1.4% in 2017

Sales of vehicles to commercial fleets from nine manufactures fell 5.5% in December but increased 1.4% in 2017, following a 2.7% increase the prior year, according to Automotive Fleet data.

Fleet Will Need to Reinvent Itself as a New Vision of Fleet Management Emerges

Over the past several decades, the purchasing managers of yesteryear reinvented themselves into procurement professionals whose function is now viewed as a strategic asset that provides a competitive advantage to a corporation. Can fleet management, likewise, elevate its perceived value to a corporation, especially in the eyes of its senior management? I say yes, and the timing is right to do so.

Fleet Leasing vs. Purchasing Decision-Making

There exist hidden opportunities with full-service leasing that are typically overlooked. The attention to financial details can distract from more significant benefits to fleets and their customers