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Market Trendsby Mike AntichSeptember 26, 2006

2006-MY Was a Tough Year for Fleet Order-to-Delivery

Order-to-delivery times for the 2006-model year got off to a rough start with Hurricane Katrina. The railcar shortage, a spike in sales volume by retail incentive programs, and new-model introductions further aggravated OTD.

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Market Trendsby Mike AntichSeptember 12, 2006

Multiple Airbags & Electronics Increase Repair Costs

Three years ago, the average vehicle had two airbags. Today, vehicles can be equipped with as many as six airbags. Replacing a supplemental restraint airbag system can cost $2,000 to $8,000, depending on accident severity.

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Market Trendsby Mike AntichSeptember 12, 2006

Pennsylvania First State to Make Electronic Vehicle Titles Mandatory

The Commonwealth of Pennsylvania became the first state in the nation to make use of electronic lien and title, or ELT, by vehicle lien holders mandatory.

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Market Trendsby Mike AntichAugust 28, 2006

20 Ways to Increase Fleet Fuel Economy

Although fuel prices have hit a record high, you can take actions to maximize your fleet’s fuel efficiency. Here are 20 suggestions for drivers to follow to increase fuel economy. most won’t cost you a cent.

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Market Trendsby Mike AntichAugust 15, 2006

What Manager Accepts a 20% Defect Rate? Fleet Managers Do

The accident rate for fleets averages around 20 percent, with some industries, such as pharmaceuticals, even higher. In other words, 20 percent or more of your vehicles will be involved in an accident annually. In terms of your fleet safety program, any vehicle-related accident should be viewed as a defect.

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Market Trendsby Mike AntichAugust 1, 2006

The False Economies of Driver Reimbursement

There are a number of reasons why driver reimbursement continues to be the wrong choice for commercial fleets, ranging from HR issues, safety concerns, liability exposure, corporate image, and tax consequences to employees.

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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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