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News•by Staff•October 20, 2021

New Vehicle Prices Hit Record While Supply Falls

Double whammy: New-vehicle inventory falls below 1 million units in September while the average new vehicle price tops $45,000 for the first time.

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News•by Staff•October 15, 2021

Element Announces EV Partnership with ChargePoint, WEX

Through this collaboration, Element clients with have access to ChargePoint’s EV charging network and a consolidated billing system for charging and fueling across client fleets.

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News•by Staff•October 14, 2021

Merchants Fleet Raises Funding Capacity to $2 Billion

The funding expansion enables Merchants to access $2 billion to lease vehicles and equipment for clients as well as invest in continued growth.

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News•by Staff•October 14, 2021

Pre-Owned Vehicle Sales Move Along Peak Levels

With high prices and fast sales, dealers are selling cars before they get a chance to pull them into their shops to recondition them up to full CPO standards.

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Articles•October 13, 2021

Optimize Fleet Operations Through Automation

Automation can improve services, boost productivity, and reduce downtime — but managing data overload from disparate sources is no easy task.

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News•October 13, 2021

September Car Sales Continue YoY Rise in Australia

Australian market September sales figures reveal all buyer segments are up compared to same time in 2020.

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News•October 13, 2021

Consortium Bids $1.38 Billion for Smartgroup

A consortium led by investment firm TPG Global has offered to acquire 100% of Australian-based specialist management services company Smartgroup for $1.38 billion.

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Articles•by Louis Prejean•October 12, 2021

Improving Driver Retention Practices During a Pandemic

The best practices, improvements, and lessons learned from the pandemic emphasize the focus fleet companies place on driver retention.

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Articles•by Mike Antich•October 12, 2021

Four Ways to Minimize Upfit Lead Time

Upfitting a vehicle is a process that requires thought and consideration. It is essential that fleet managers and all suppliers collaborate on upfits. In the final analysis, there are four proven strategies that will expedite OTD for upfits.

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News•by Mike Antich•October 12, 2021

Upfitter OTD Impacted by Labor & Parts Shortages

Upfitters have been battered by inconsistent chassis deliveries from the OEMs, back-ordered parts, widespread labor shortages, constraints on ordering pre-fabricated parts, and higher expenses for aluminum and steel.

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