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Auto Fleet Market Trends Blog

Are Executive Vehicle Fleets Becoming Politically Incorrect?

November 24, 2008

In today's economic environment, push-back is emerging at some companies about company-provided executive vehicle fleets. As the economy worsens and ever-increasing amounts of taxpayer monies are being used to prop up financially distressed companies, a negative perception is growing about executive compensation and the different perks tied into these compensation packages.

Tags: AstraZeneca, Bristol-Myers Squibb, company-provided executive vehicle, compensation packages, economic environment, executive vehicles, Merck & Co., Panasonic Corp. of North America, Textron

Author: Mike Antich | Posted @ Monday, November 24, 2008 4:28 PM | » Comments(0)

The Credit Crisis Impact on Fleet? Look to 1973 for Clues

November 17, 2008

Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.

Tags: 1973 oil embargo, Arab Oil Embargo, Credit Crisis, credit gridlock, fuel, recession, stock market crash

Author: Mike Antich | Posted @ Monday, November 17, 2008 11:04 AM | » Comments(5)

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

November 11, 2008

October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Tags: credit gridlock, Financing, remarketing, used-car, wholesale market

Author: Mike Antich | Posted @ Tuesday, November 11, 2008 10:18 AM | » Comments(0)

Don't Let Drivers Grow Complacent with Lower Fuel Prices

November 4, 2008

The recent drop in fuel prices has been as breathtaking as the earlier run-up in prices. If sustained, these reduced fuel prices will begin to make a dent in overall fleet fuel expenditures. However, there is the risk that lower prices may bring about driver complacency. A large part of fleet fuel expense is controlled by drivers. Many of the hard-won increases in fleet mpg can be negated by drivers reverting to less fuel-efficient driving behaviors.

Tags: driver complacency, fleet fuel expense, fuel, fuel-efficient driving

Author: Mike Antich | Posted @ Tuesday, November 4, 2008 11:09 AM | » Comments(0)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing.

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