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Market Trends

Mike Antich

Mike Antich

Former Editor and Associate Publisher

Automotive Fleet's former editor, Mike Antich, shared his opinions and ideas on the overall commercial fleet industry and draws interesting comments from fleet managers and other industry professionals from across the country. Mike was inducted in the Fleet Hall of Fame in 2010.

Market Trendsby Mike AntichAugust 6, 2015

New Category of Fleet Manager to Gain Legitimacy

For the past several decades, FMCs have employed in-house fleet managers in their fleet administration departments to manage client fleets, but were promoted from within the FMC. Now, we are starting to witness FMCs hiring traditional fleet managers. Does this make a trend? It is still too early to tell, but, what I can say is that it has caught our attention. My prediction is that this is indeed the start of a bona fide, long-term, industry trend that will accelerate in future years.

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Market Trendsby Mike AntichAugust 3, 2015

Vehicle Abuse: An Overlooked Remarketing Cost

The resale value of a used vehicle is determined by three factors: the unit’s age, total mileage, and overall condition. A used company vehicle in poor condition, because of driver abuse or neglect, will result in lost resale value or incur unnecessary reconditioning expense at auction. Here's what you can do to minimize vehicle abuse.

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Market Trendsby Mike AntichJuly 26, 2015

Impact of Chinese Truck Tires on Fleet Aftermarket

One factor driving the deluge of Chinese exports of replacement truck tires to the U.S. is China's immense tire production overcapacity. In 2015, China manufactured 120 million tires, with an overcapacity rate of almost 25 percent. The influx of Chinese truck tires is also having a detrimental effect on the tire retreading industry, because many of these “bargain” tires have only one life because they cannot be retreaded.

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Market Trendsby Mike AntichJuly 20, 2015

Why Element Wants to Buy the Fleet Businesses of GE Capital

Element Financial Corp. has reached a definitive agreement to buy GE Capital's fleet assets in the U.S., Mexico, Australia, and New Zealand. Separately, Arval will acquire the European portion of GE's fleet business.

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Market Trendsby Mike AntichJuly 8, 2015

Fleet’s Scope of Responsibilities Grows Increasingly Fuzzy

At one time, the scope of the fleet department’s responsibilities was crystal clear. However, over time these demarcation lines have shifted and departmental boundaries separating them have become fuzzy. Now, collaboration with sourcing, legal, HR, finance, sales, service, and environmental, health & safety (EHS) is needed, often requiring approvals or buy-in from individual departments. There is only one strategy fleet managers can adopt in this new world of fleet management and here it is.

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Market Trendsby Mike AntichJune 25, 2015

Potential Roadblocks to the Adoption of Autonomous Vehicles in Fleet

Two of the most significant changes in fleet management were the result of military breakthroughs – namely the opening of GPS to civilian use and the creation of the Internet, both of which will be critical to operating autonomous vehicles. While extremely difficult to do, technology will not be the issue with the implementation of autonomous vehicles. Other broader non-fleet issues may slow or inhibit widespread implementation of autonomous vehicles.

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