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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 prices, recession, stock market crash

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

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 prices, fuel-efficient driving

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

Fuel Continues to be the No. 1 Threat to Fleet

October 10, 2008

The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.

Tags: fuel, fuel prices, Hurricanes, hyperconnectivity, telework, videoconferencing

Author: Mike Antich | Posted @ Friday, October 10, 2008 9:06 AM | » Comments(0)

Import-Badged Models Increase Market Penetration with 2009 Fleet Buy

September 9, 2008

When fuel prices crossed the $3.25 per gallon threshold, fleets began looking for ways to downsize vehicles or opt to four-cylinder engines.This trend is reinforced by corporate sustainability initiatives and/or fuel spend/GHG reduction programs. The shift to four-cylinder engines is broad-based and includes many of the nation’s largest fleets. One consequence to this increased demand for four-cylinder models is that fleets have increased their purchases of import-badged vehicles.

Tags: downsizing vehicles, fuel prices, import-badged vehicles, new-vehicle fleet orders

Author: Mike Antich | Posted @ Tuesday, September 9, 2008 11:19 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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