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News•May 9, 2017

Hyundai Winds Down 2017-MY Production

Hyundai has completed production on six of its 2017 model-year vehicles and has set the build-out dates for nine other models, according to the company.

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News•May 9, 2017

Toyota Lowers RAV4 Price for 2017

Toyota has lowered prices for its RAV4 compact SUV by $500 on the base model and up to $1,330 for a higher trim grade, the automaker has announced.

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News•May 8, 2017

Nissan Names Light Commercial Vehicle Product Planner

Nissan Group has appointed Tim Franklin its director of product planning for its commercial vehicles, SUVs and pickup trucks, the Nashville, Tenn.-based automaker has announced.

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News•May 8, 2017

Call for Nominations: 2017 Fleet Hall of Fame

Nominations for the 2017 candidates for the Fleet Hall of Fame are now being accepted. The deadline to nominate is June 2.

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News•May 8, 2017

Hyundai Details Connected Vehicle Enhancements for 2018-MY

Hyundai is expanding its Blue Link connected vehicle system for its 2018 models to include three years of complimentary services across three packages that provide remote controls, maintenance alerts, and stolen vehicle recovery.

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News•May 8, 2017

Call for Nominations: 2017 Fleet Executive of the Year

Fleet Financials magazine is now accepting nominations for the 2017 Fleet Executive of the Year Award. The deadline for nominations is June 2. The award is sponsored by The CEI Group.

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News•May 5, 2017

FCA Sets 2018-MY Regional Fleet Previews

Fiat-Chrysler has scheduled 24 regional fleet previews from May 9 to June 29 to showcase its 2018 model year lineup to fleet professionals, the company announced.

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News•May 5, 2017

Toyota Opens $154M Expanded R&D Center

Toyota has opened a $154-million expanded research and development center in York Township, Mich., that unifies several operations as part of the company's One Toyota plan.

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Articles•by Andy Lundin•May 4, 2017

Types of Driver Reimbursement

There are four types of driver reimbursement models: IRS business mileage reimbursement rate, a fixed allowance, the Fixed and Variable Reimbursement Rate (FAVR), and a hybrid model that uses the FAVR guidelines but delivers the driver payment in a cents-per-mile model.

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News•May 4, 2017

Fleet Sales Decline 12% in April

Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.

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