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With fuel prices impacted by everything from supply and demand to weather to location, there can be little argument that managing fuel expenses is one of the most difficult and important parts of a fleet manager's job.
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In 2013, the leasing industry in China was affected by the introduction of the value-added tax (VAT) system in the most developed regions of the country, starting with Shanghai in January 2013 and followed in the second half of the year by Beijing, Tianjin, and five other provinces.
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Private individuals represented 59 percent of the personal car market share in 2010. Over the past three years, its level has fallen and is reflected by a specific market: the company car market, according to ALD Automotive.
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AT&T has lowered its water and fuel usage, with a focus in drought-ridden California, by reducing its non-essential water use and continuing its expansion of alternative fuel adoption.
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From lot thefts and employee scams to fuel fraud, car rental operators share their security issues and how they solved them.
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In their most recent conference calls, Avis Budget Group and Hertz gave an outlook on pricing, fleet costs, the used car market and fleet optimization strategies.
Read More →The dynamics in today's market are eerily familiar to the resale value softness that occurred in the last decade. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016.
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While the total number of recalled vehicles hit 21.9 million vehicles in 2013, 2014 is on pace to break the record.
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More than 50 million vehicles are registered in Germany, about 10 percent of which are registered as company cars. Despite a 3-percent drop in new-vehicle registrations for 2013, about 23 percent of the 3.1 million were registered as company cars — the second-best result after 2011 for the past 10 years.
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The Indian car market, which saw some encouraging growth in the first half of 2012, slowed down in the second half of the calendar-year. Sales for 2012 were 2.75 million compared to 2.51 million in 2011; however, January 2013 saw a negative growth of 3 percent over January 2012.
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