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The new president and CEO explains how Mike Albert Fleet Solutions plans to invest in technology, data, and people without losing the personal service fleet customers value.
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WASHINGTON - Chrysler revealed four all-electric Chrysler Town & Country minivan concepts to the U.S. Postal Service (USPS) as part of the USPS Earth Day celebration on April 22. USPS has a stated goal of reducing energy use 30 percent by 2015.
Read More →DETROIT - General Motors Corp. and Penske Automotive Group have confirmed details of a proposed transaction under which Penske would acquire the Saturn brand, according to GM and Penske statements. If completed, the deal would save more than 350 dealerships and 13,000 jobs at Saturn and its retailers in the United States, and would preserve the customer-focused Saturn brand.
Read More →LOS ANGELES - Used-hybrid values have fallen over 25 percent as the demand for smaller, fuel-efficient vehicles has slowed, according to data from Kelley Blue Book (KBB). "More and more consumers base their purchasing decision on vehicle utility and price rather than fuel economy," said Juan Flores, director, vehicle valuation for KBB.
Read More →TORRANCE, CA - An Automotive Fleet study on fleet vehicle depreciation expenses revealed replacement cycles for several segments appeared to remain steady since 2005. The information is based off data supplied by Automotive Resources International, GE Capital Solutions Fleet Services, LeasePlan USA, PHH Arval, and Wheels Inc. from 2005 to 2008 of more than 1.5 million vehicles.
Read More →Commercial fleet managers have expressed sourcing loyalty to Chrysler, but key concerns remain about unbuilt units, downsizing of the dealer network, and whether a lengthy bankruptcy proceeding will impact 2010 selector development.
Read More →DETROIT - In a statement promising General Motors' "strong commitment" to fleet and commercial customers "remains unchanged," Jim Campbell, GM general manager fleet and commercial operations, addressed the automaker's June 1 bankruptcy filing.
Read More →ALPHARETTA, GA - A recently completed independent industry study commissioned within the fleet industry recognized AmeriFleet Transportation as the category leader in Fleet Logistics.
Read More →AUSTIN, TX - Robert McKie has been named chief operating officer (COO) of Innovative Funding Services. He most recently served as vice president of sales at Wells Fargo Financial in Eden Prairie, Minn.
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MT. LAUREL, NJ - ARI announced Dec. 22 that President Bill McKee will retire July 31, 2010. Carl Ortell, current executive vice president and chief operating officer, will succeed McKee, effective Jan. 1.
Read More →NORTHBROOK, IL - Donlen Corporation has launched a fleet management app for the iPhone, downloadable for free for all Donlen customers via the Apple iTunes mobile app store.
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