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BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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Supporters of AB 5 have said that the legislation is necessary, as some companies have exploited workers for decades under unfair labor contracts.
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While most wholesale vehicle segments are experiencing low levels of depreciation, heavy depreciation from luxury segments is continuing to weigh down overall wholesale values, according to Black Book’s Sept. 10 Market Insights report.
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Volvo has made sweeping changes to its Care by Volvo subscription program, driven in part by complaints and legal challenges from dealers. For the first time, dealers will be allowed to add units from their inventory into the program.
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Average personal use charges have been on a gradual rise over the past several years, led by vehicle preference and pricing.
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With a family involved in racing, the automotive industry was a natural fit for Davis. With three decades in fleet, she understands the importance of personal connections.
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Four fleet professionals are inducted into the 2019 Fleet Hall of Fame for their contributions to the industry.
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The 2019 Edward J. Bobit Professional Fleet Manager of the Year judging panel was comprised of 32 professionals who represent past winners, dealers, manufacturers, fleet management companies, and the media.
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The NAFA DOT Compliance Forum, which will be held on Oct. 23, is a targeted, half-day event covering the key DOT needs.
Read More →Vehicle lifecycle solutions company Acertus was named one of the nation's fastest-growing private companies by Inc. magazine.
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Van, pickup, and compact car wholesale values stood out last week, amid a fairly stable wholesale market, according to Black Book's Aug. 12 Market Insights report.
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