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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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The fleet industry association formed a new governance body made up of 11 industry professionals to oversee the CAFM certification.
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Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of their moves before doubling down?
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NAAA Remarketing Outlook: High vehicle prices, low inventory, solid resale values, and an enigmatic economy are taking the normality out of used and new vehicle sales.
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Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.
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But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
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The new executive appointments for the NAFA Fleet Management Association include director of content strategy Lilly Grossman, regional engagement manager Marci McNeal, CAE, and manager of credentialing and professional recognition, Natasha Patterson.
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A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.
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IARA Summer Roundtable: In a free-wheeling interview, entrepreneur and used car industry disruptor Ernie Garcia delivers insights on his mega-merger deal and a customer-friendly e-commerce model.
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The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.
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Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
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