The Car and Truck Fleet and Leasing Management Magazine


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January 29, 2018

Autonomous Vehicle Sales Could Reach 188,000 Units in 5 Years

A global market research firm says worldwide revenue from autonomous truck and bus technology hit $84 million, and will likely reach $35 billion by 2023.

January 23, 2018

Fed Economist: 'All Sectors Have Room to Grow'

In the years following the recession, U.S. economic growth has been "so modest that no sector has been overheated,” said William Strauss, senior economist and economic adviser at the Federal Reserve Bank of Chicago.

January 3, 2018

Global Autonomous Vehicle Sales to Reach 33M by 2040

Automakers should be able to increase global sales of fully autonomous vehicles to 33 million by 2040 from 51,000 in 2021 — the first year of significant volume, according to a forecast from IHS Markit.

December 27, 2017

Used Car Market Should Grow 1% in 2018

The used vehicle market should grow about 1% in 2018 bolstered by a federal tax cut and influx of utility vehicles, while new vehicle sales are expected to remain flat, according to Cox Automotive's senior economist.

December 21, 2017

National Safety Council Predicts Holiday Road Deaths

The National Safety Council estimates that more than 660 people could lose their lives on U.S. roads during the upcoming Christmas and New Year's holiday periods.

November 27, 2017

Mobility Services to Slow Sedan Sales 40% by 2030

Self-driving cars, ride sharing, and other mobility services should slash sales of sedans by nearly 40% by 2030, as Americans become less reliant on vehicle ownership, according to a forecast from KPMG.

November 14, 2017

Fleet Will Need to Reinvent Itself as a New Vision of Fleet Management Emerges

Over the past several decades, the purchasing managers of yesteryear reinvented themselves into procurement professionals whose function is now viewed as a strategic asset that provides a competitive advantage to a corporation. Can fleet management, likewise, elevate its perceived value to a corporation, especially in the eyes of its senior management? I say yes, and the timing is right to do so.

November 1, 2017

Stable Fuel Spend Keeps Lid on Overall Operating Costs

The stability of fuel pricing has been the No. 1 factor contributing to keeping operating costs flat in calendar-year 2017. Since fuel makes up the largest portion of fleet operating costs, it has helped keep a lid on overall fleet spend.

September 27, 2017

Hurricane Boost to Vehicle Sales May Last Until November

The demand for replacement vehicles has already started, and experts say it will continue well into October, and possibly November, as insurance payouts are received.

August 1, 2017

Retired Fleet Veteran Foresees Shrinking Fleets

After more than 50 years in the industry, George Argueta is retiring. He predicts a decline in the size of sales fleets and of fleet departments’ influence.

June 21, 2017

Forecast Is for Fuel Prices to Remain Low for the Foreseeable Future -- Maybe Longer

Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.

February 13, 2017

Brazilian Tire Market Forecast to Grow to $6.5B by 2021

Replacement demand for tires in Brazil is anticipated to grow at a faster rate during 2016-2021 than OEM tire demand. Some of the major players operating in Brazil's tire market are Pirelli, Michelin, Goodyear, Bridgestone, Continental and Rinaldi.

November 18, 2016

Analysis of 2016 Fleet Fuel Spend and 2017 Forecast

The stability of gasoline and diesel prices over the past 36 months has been the No. 1 factor contributing to keeping fleet operating costs flat. Vehicle acquisition and used-vehicle prices are strongly influenced by low fuel prices.

November 9, 2016

CNG, LPG Vehicle Market to Grow 10% a Year by 2022

The global compressed natural gas (CNG) and liquefied petroleum gas (LPG) market is expected to grow by more than 10% a year over the next six years due to the increase in population and urbanization, a growing demand for passenger and commercial vehicles, and stringent emission control regulations, according to a new forecast.

October 20, 2016

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

June 7, 2016

Autonomous Vehicle Sales to Reach 21M by 2035

Nearly 21 million autonomous vehicles will be sold globally by 2035, according to IHS Automotive, which also predicts the U.S. will lead the world in initial deployment and early adoption of self-driving vehicles.

May 17, 2016

Residual Value of 3-Year-Old Vehicles Slipping

The average residual value of a three-year-old vehicle — the most commonly remarketed fleet vehicle — will fall 8% by 2019 as a result of an increase in the supply of used vehicles, according to a Black Book forecast.

May 11, 2016

GM Replacing 88% of Lineup By 2020

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, according to a Bank of America Merrill Lynch analyst.

April 12, 2016

Average Diesel, Gasoline Costs Expected to Remain Low

A new fuel price forecast from the U.S. Energy Department shows little change from expectations a month ago for the price of diesel, but the outlook for gasoline has moved a little higher.

January 28, 2016

Commercial Truck Demand to Slow, Parts Remain Stout

Commercial fleets will register a lower growth percentage of medium- and heavy-duty trucks in 2016, but feed strong demand for aftermarket parts, according to a new forecast from IHS Automotive.


Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Don Kreft, a sales and management executive in the fleet management industry since 1965, served as president/CEO of LeasePlan USA from 1986 through 2000.

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