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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.
On Feb. 20, 2008, President Bush signed into law HR 5140, the Economic Stimulus Act of 2008, which, among other things, includes an additional first-year depreciation deduction equal to 50 percent of the adjusted basis of a new vehicle. This temporary change to the federal tax code requires that all vehicles and other fixed assets be purchased and put into use by Dec. 31, 2008.
Read More →The country’s best managed fleets are exemplified by the Top 300 commercial fleets. Operating a fleet of 1,000 vehicles or more is an expensive proposition and, with most companies, it represents the second-highest corporate expenditure after payroll.
Read More →Increased cost of replacement tires and PM caused car maintenance expenses in 2007 to increase slightly higher than the prior year. Tire costs were up 4-7 percent, while PM expenses increased 10 percent. Other costs remained flat.
Read More →Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size vans.
Read More →Overall operating costs for commercial fleets increased 3 percent, on average, in calendar-year 2007. The increased expense was directly attributable to the cost of fuel. The price of a gallon of regular unleaded gasoline increased almost 7 percent over the record-high prices in 2006.
Read More →More and more medium-duty truck fleets are coming under DOT scrutiny through roadside inspections and on-site audits. Enforcement has increased noticeably in the past three years.
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