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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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DETROIT – For 2008, 17 GM models achieve EPA fuel economy of 30 miles per gallon or higher.
Read More →PRINCETON, NJ – For the first time, NAFA will offer the Canadian Fleet Management Seminar in both English and French instruction Sept. 14-16 in Montreal.
Read More →MONTVALE, NJ – Mercedes-Benz USA today reported sales of 20,733 new vehicles for July 2008, an 11.6-percent increase over last July.
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Resale values for pickup trucks have declined by 15-25 percent due to such factors as high fuel prices, tightened consumer credit, and a stagnant construction market.
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It has been “common wisdom” to replace fleet vehicles in relatively short cycles. Rising costs, however, have led fleet managers to consider lengthening replacement criteria. There are pros and cons to the practice.
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At the 2008 Conference of Automotive Remarketing (CAR) in Las Vegas, Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
Read More →CHICAGO – The Chicago NAFA Chapter's 2008 Annual Golf Outing will take place Sept. 18 at the Poplar Creek Golf Club in Hoffman Estates, Ill.
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LANSING, MI – Pending approval, China-bound Buick Enclaves could begin rolling off the assembly line as early as next month.
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IRVINE, CA — General Motors recently presented a Chevrolet Equinox Fuel Cell electric vehicle to the Postal Service for testing in a mail-delivery environment.
Read More →TORRANCE, CA – Responses for Automotive Fleet's commercial fleet manager personal use survey are due today, July 25.
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