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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 AntichJuly 25, 2006

IRS Auditing More Fleets for Inadequate Personal Use Recordkeeping

If personal use of a company vehicle is allowed, then you are responsible to ensure company compliance with IRS regs and to avoid tax problems associated with unreported personal miles. The reason for this admonition is that more companies are being audited for inadequate recordkeeping of business use.

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Market Trendsby Mike AntichJuly 18, 2006

High Fuel Costs Add Pressure to Increase Personal Use Charges

The dramatic spike in the price of fuel has increased the cost of allowing personal use of company-provided vehicles. A growing number of companies now question whether they charge employees enough for personal use to offset the increased cost of fuel.

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Market Trendsby Mike AntichJuly 11, 2006

The Impact of Sarbanes-Oxley on Fleet Operations

Examined are the implications of the Sarbanes-Oxley Act on fleet incentive monies that are not capitalized into the cost of a vehicle, the sale of out-of-service vehicles to employees, and process controls for decentralized fleets.

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Market Trendsby Mike AntichJuly 5, 2006

Forecast of Commercial Fleet Buying Intentions for 2007-MY

The forecast is for commercial fleets to purchase a comparable number of vehicles in 2007 as they did in the preceding model-year. The high price of fuel is impacting selectors, as are concerns about rising fleet fixed costs.

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Market Trendsby Mike AntichJune 27, 2006

High Cost of Fuel and Weak Retail Sales Softens Resale Demand

Resale values in the wholesale used-vehicle market have softened as retail sales of both new and used vehicles have weakened, said Howard Graus, assistant manager, vehicle remarketing for Automotive Resources International (ARI), a fleet management company headquartered in Mt. Laurel, N.J.

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Market Trendsby Mike AntichJune 19, 2006

How to Minimize Vehicle Abuse

A major headache for fleet managers is dealing with drivers who willfully abuse their company-provided vehicles. Although they represent a very small minority of drivers, their actions (or lack of action, in the case of neglect) have a direct bearing on the company’s bottom line and fleet budget.

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