May 16, 2008
CEDAR PARK, TX – IFS provides one-stop shopping for customers looking to purchase and finance fleet vehicles, from financing to completion of titlework.
Tags: Innovative Funding Services, vehicle fleet financing
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By Mike Antich The high cost of raw materials, in addition to the high cost of fuel, is starting to make a financial impact on fleets by increasing costs for truck chassis, bodies, trailers, liftgates, and other upfit equipment. On July 9, Navistar announced that rising commodity costs have forced the company to increase prices of International truck models. Is this another in a series of commodity-related price increases that we will see from other OEMs, upfitters, and trailer manufacturers?
By Mike Antich Today's new-vehicle market will generate (ultimately) the used-vehicle market of tomorrow. If there is a decrease in new-vehicle sales, there will be a corresponding decrease in the future number of used vehicles in the marketplace. Even though there is a lot of nervousness in the market, no one is anticipating a dramatic decrease in new-vehicle commercial fleet orders for the 2009 model-year. However, the same cannot be said for the retail new-vehicle market.
By Mike Antich
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In This Issue: 2004 Chevy Malibu & Ford F-150 Take Top Honors, Web-Enabled Vehicle Replacement Optimization, Worldwide Survey Reveals Fleet Driver Attitudes and much more…