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Oct 20-22, 2026 | MD

Driving Notes

Knowing about a vehicle is one thing; driving it is quite another. Getting behind the wheel gives yo...

Multiple Authors

3 contributors

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FleetTakes

FleetTakes is exactly that — a take on what fleets need to know when it comes to the latest in autom...

Chris Brown

Associate Publisher

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Insight Lane

Insight Lane delivers Colin Sutherland’s perspective from the intersection of leadership and innovat...

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Market Trends

Automotive Fleet's former editor, Mike Antich, shared his opinions and ideas on the overall commerci...

Mike Antich

Former Editor and Associate Publisher

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Remarketing Streams

Remarketing Streams reports on the flow of used vehicles moving through the consignor-auction-dealer...

Martin Romjue

Managing Editor

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Market Trends•by Mike Antich•April 13, 2009

Medium-Duty Operating Costs Increase in 2008-CY

Key factors that influenced medium-duty truck operating costs in 2008 were the price of diesel, increased repair costs related to new truck technologies, higher labor rates, and decreased utilization. However, fuel was the primary driver behind higher operating costs in the 2008 calendar-year.

Market Trends•by Mike Antich•April 6, 2009

Dual Sourcing Re-examined as Supplier Reliability Comes into Question

The jaw-dropping events of the past six months have made an indelible impression on many fleet managers. The very real possibility that two of the Detroit 3 could quickly (and unexpectedly) enter into Chapter 11 bankruptcy protection, along with some fleet management companies not accepting new-vehicle orders, has caused some corporations (especially those sole sourcing) to reassess sourcing strategies.

Market Trends•by Mike Antich•March 31, 2009

NHTSA Proposal to Reduce Braking Distances Will Not Require Retrofitting Existing Units

The National Highway Traffic Safety Administration (NHTSA) is proposing to amend its air brake standard to improve the stopping distance performance of commercial trucks. Based on current safety trend data and brake system technologies, NHTSA is proposing to reduce the required stopping distance for truck tractors by 20 to 30 percent. The proposed rule would cover all truck tractors equipped with air brakes. The proposed rule does not include single unit trucks, buses, or trailers.

Market Trends•by Mike Antich•March 20, 2009

Resale Values Up, But Market Remains Fragile

Wholesale used-vehicle prices during fourth quarter 2008 were the worst on record. Since then, wholesale prices rose significantly in January through March. The improvement in pricing in 1Q 2009 reflects better-than-expected retail sales of used vehicles. Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. However, consumer confidence and credit availability remain two wildcards to the market's ongoing vitality.

Market Trends•by Mike Antich•March 17, 2009

Commercial Leases are Now Eligible Collateral to be Funded by TALF Program

The credit gridlock gripping the nation's economy has made it more difficult (and expensive) to fund fleet vehicles using asset-backed securities. Last February, the Federal Reserve and the U.S. Treasury launched a joint program called the Term Asset-Backed Securities Loan Facility (TALF) to improve credit conditions in the securitization markets. On March 3, the Federal Reserve expanded the definition of eligible collateral under TALF to include commercial leases. Here's how the program works.

Market Trends•by Mike Antich•March 10, 2009

9 Mistakes to Avoid When Playing "Musical Cars"

Since the recession's start at the beginning of 2008, 4.4 million jobs have been lost due to corporate downsizings and layoffs. Many terminated employees were assigned company vehicles. In today's politically correct HR environment, the term "reverse expansion" is being used to describe the retrieval and reassignment of company-provided vehicles from terminated employees. A fleet manager suddenly thrust into a reverse expansion will find it very easy to make mistakes.

Market Trends•by Mike Antich•March 2, 2009

Before You Call the Police, Think of the Impact on Resale Value

Massive layoffs are occurring throughout the economy, and many companies find that terminated employees are not returning their assigned company vehicles. Sometimes, the company-provided vehicle is held "hostage" until the employer meets a grievance by the terminated employee. Unfortunately, many HR and legal departments take the "easy way" and are too quick to involve the police to expedite resolution.

Market Trends•by Mike Antich•February 23, 2009

Obama’s Stimulus Package Offers Funds for Fleet

On Feb. 17, President Obama signed into law the American Recovery and Reinvestment Act. The $789 billion economic stimulus legislation is comprised of $507 billion in spending programs and $282 billion in tax relief. The legislation includes significant new funding for fleets, such as $300 million for diesel emission retrofit grants; $300 million to establish a grant program through the DOE's Clean Cities Program; and $300 million for acquisition of energy-efficient vehicles by the federal fleet

Market Trends•by Mike Antich•February 17, 2009

NHTSA Crash Standards to Change in 2011-MY

NHTSA's testing and safety criteria for front- and side-impact crashes and rollover resistance have not been substantially revised since the agency started crash testing new models 30 years ago. Recognizing that nine out of 10 vehicles routinely score either four or five stars, NHTSA wants to increase the standards for front- and side-impacts, along with more stringent rollover testing. NHTSA is poised to implement a revised five-star safety rating program starting with 2011 model-year vehicles.

Market Trends•by Mike Antich•February 9, 2009

Fleet Car Maintenance Costs Increase 5% in 2008-CY

Overall fleet car maintenance costs rose 5 percent for the 2008-calendar year compared to 2007, primarily due to increased prices for replacement tires and higher labor rates. Partially mitigating these increases were flat PM expenses and increased vehicle quality, resulting in fewer warranty claims and vehicle recalls. These findings are based on a survey of actual maintenance expenses of 70,374 passenger cars conducted by GE Capital Solutions Fleet Services.

Market Trends•by Mike Antich•February 2, 2009

EPA Names Idle-Reduction Systems Eligible for Federal Excise Tax Exemptions

Last year, the U.S. Congress granted an exemption from the 12-percent federal excise tax for truck idle reduction systems. Recently, the Environmental Protection Agency (EPA) released a list of approved idle reduction systems eligible for the federal excise tax exemption. The exemption applies to sales and installation of these systems since Oct. 4, 2008.

Market Trends•by Mike Antich•January 26, 2009

Odometer Rollbacks Increase 57 Percent from 2004-2008

Digital odometer fraud is growing at an alarming rate, according to new research from Carfax. The research data reveals the number of vehicles with rolled-back odometers has increased 57 percent nationwide over the past four years. According to NHTSA, more than 450,000 cases of odometer rollbacks are reported annually. However, the total number of odometer tampering incidents (including those not caught) is estimated to be substantially higher.

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