The Car and Truck Fleet and Leasing Management Magazine

Hotline: The Latest News in Fleet

June 2002, by Staff

Al Giombetti Named Executive Director, Ford North American Fleet, Lease and Remarketing

DEARBORN, MI - On May 1, 2002, Al Giombetti, former executive director of the North American Ford Customer Service Division, replaced Tom Gorman as executive director of North American Fleet, Lease and Remarketing Operations. German, who served who for two years as the executive director, has been named general sales manager for Ford Division in the United States.


New York & Connecticut Considered Regulating Use of GPS-Generated Data

ALBANY, NY - Legislators in New York & Connecticut had been considering bills that would restrict how car rental companies could use data generated by GPS tracking systems. Bill 5254 in Connecticut's General Assembly would have prohibited car rental operators from levying speeding fines after a GPS system indicated a customer was speeding in a rental car. The bill also forbade car rental operators from selling or distributing GPS-generated data to a third party without the written permission of the customer. New York senate Bill S7067 would have amended the state's General Business Law to prohibit rental operators from using GPS-generated information to impose any fines or surcharges on an authorized driver. As of May 28, the Connecticut bill failed adoption, the New York bill was referred back to committee.


ADESA Begins Open Interactive Online Auction

INDIANAPOLIS - ADESA Corp. has introduced the ADESA Open, a weekly online, interactive vehicle auction powered by

Weekly sales are hosted every Monday from 2 to 3 p.m. EST. Auctions participating in the pilot include ADESA Ark-La-Tex, ADESA Birmingham, ADESA Buffalo, ADESA Charlotte, ADESA Cleveland, ADESA Concord, ADESA Dallas, ADESA Golden Gate, ADESA Indianopolis, ADESA Seattle, and ADESA Wisconsin. Featured sellers include Avis Rent-A-Car, WFS Inc., Budget Rent-a-Car, American Honda Finance, Wheels Inc. Citi-Capital Lease, Donlen Leasing, Bank One, MT&T Bank, National Car Sales, and Hyundai Motors America.


Conference of Automotive Remarketing (CAR 2003) Set for Feb. 23-25 at the Las Vegas Hilton

TORRANCE, CA - After a successful Conference of Automotive Remarketing (CAR) 2002, which took place at the Hyatt Regency O'Hare in Chicago on April 12-14, 2002 and drew nearly 500 attendees, CAR 2003 will take place Feb. 23-25, 2003 at the Las Vegas Hilton.

The CAR 2002 conference continued its reputation as the best forum for remarketers to see the latest products services, share practical ideas, hear discussions of market conditions, and get in-depth advice from the industry's most respected remarketing professionals.

Mike Faulknor, president and owner of Forrest Faulknor & Son in South San Francisco, said of CAR 2002, "This was one of the better CAR conferences. Saturday just flew by. The speakers were so good the day went by so fast."

Warren Schewitz, corporate development manager for OnLane Canada in Toronto, said "The CAR 2002 conference was outstanding. We've been coming to the conference for the past three years and they keep getting better."

The show returns in 2003 to the Las Vegas Hilton, where it took place in 2001. "We're pleased to be able to bring CAR back to the Las Vegas Hilton, where it was very well received in 2001," said CAR Show Manager Mark Naylor.

Both Ray Nichols, president of the National Auto Auction Association (NAAA), and Jim Compton, incoming president of NAAA; have reviewed the plans to schedule CAR 2003 in Las Vegas and said they are 100 percent supportive. In addition, the International Automotive Remarketers Alliance (IARA) will hold its all-member meeting at CAR 2003 on Sunday, Feb. 23, 2003, said IARA President Dave Langley.


Larkin Named President of AMI Leasing

WORCESTER, MA - Steve Larkin, a 16-year veteran of Ford Credit, has been named president of AMI Leasing. He replaces Arthur B. Wolpert, who retired after 37 years of service. AMI Leasing is a wholly owned subsidiary of Ford Credit, which purchased the company in 1999. Larkin said he expects AMI to expand its services and geographic market. Larkin joined Ford Credit in 1986, when it purchased Sperry New Holland, where he managed construction and agricultural financing. While at Ford Credit, Larkin was a retail branch manager in Memphis, TN; opened a commercial branch in Atlanta; was a retail and commercial branch manager in Toronto, Ontario; and held many positions in Dearborn, MI, including regional sales manager, international operations, electronic commerce manager, marketing manager, customer communications manager, and director, product development.


Giacchi Receives NAFA's Lifetime Award

TORONTO, ONTARIO - Sal Giacchi, CFM/CAFM, received the National Association of Fleet Administrators' (NAFA) Lifetime Honorary Membership Award at the NAFA Fleet Management Management Institute in Toronto, Giacchi, a former president of NAFA, has been involved with the association in many capacities for more than 30 years. He is currently the president of Giacchi & Violi Transport.


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