Hurricane damage, high interest rates, softening used values, and a slowing economy will all have some effect on the coming used vehicle market. The greater issue is even lower sales — as the historic decline in the lease return rate from 2022 meets up with a big drop in lease maturities and lower dealer consignments.
The new MSRP of $53,769 comes after another price hike in August. Ford will honor prices for commercial and government order holders at the previous price points.
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
Geotab, which increased its market share by about 40% since 2020, has more than 3 million commercial fleet subscribers.
A Cox Automotive Mobility white paper delves into "a perfect storm of bottlenecks" for vehicle electrification as supply chain and economic pressures mount.
OPEC+ announced a 2-million-barrel-a-day cut in oil production during a meeting on Wednesday, which could send fuel prices back up.
The line between creative thinking and problem solving and doing what the data indicates is thin. To lead in fleet management, you need to balance understanding the fundamentals and embracing what smart technology offers.
The best ways to inspect trucks in the aftermath of Hurricane Ian.
The FHWA’s Commuter Authority Rail Safety Improvement program has awarded $59 million in grants to enhance safety at highway-rail crossings for all travelers — drivers, passengers, motorcyclists, bicyclists, and pedestrians.
The new, COVID-impacted environment has prompted changes in how auto transporters meet the changing needs of fleets.
Many 2015-2019 Hyundai and Kia vehicles lack electronic immobilizers, making them easy to break into and steal, according to a new report from the Highway Loss Data Institute.
The agenda for the 2022 Fleet Safety Conference will include a comprehensive study on distracted driving from Virginia Tech Transportation Institute as well as on-the-ground strategies from fleet managers on keeping drivers safe on our increasingly dangerous roadways.
The new SUV model comes standard with the latest version of EyeSight Driver Assist technology and symmetrical all-wheel drive, and starts at $26,395.
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