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PHH Arval Launches PHH FleetSelect

SPARKS, MD - PHH Arval has announced the launch of PHH FleetSelect, the company's new vehicle ordering platform, in both the United States and Canada.

Commercial Fleet Buying Intentions Remain Cautious for 2011-MY

Many companies continue to be uncertain as to whether the economic recovery is sustainable and are hesitant to recommence hiring. Most companies anticipate 2011-MY fleet orders will be comparable to 2010-MY ordering, but this is still below 2008-MY levels. Delayed 2011 introductions are prompting fleets to shift some of their orders from fall fleet buys to spring fleet orders. In an exclusive market survey, 300 major corporate fleets reveal their 2011-MY buying inclinations.

Commercial Fleets Reveal 2010-MY Buying Intentions

Fleet ordering for the 2010 model-year is shaping up to be higher than 2009-MY, but that's not saying much since 2009 was such an abysmal year. Many commercial fleets deferred 2009-model ordering. Some fleets purchased no replacement vehicles and skipped the 2009 ordering cycle altogether. A large number of commercial fleets decreased the volume of their 2009 ordering and are now playing catch-up with the 2010 model-year.