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How the Trump Tariffs Will Affect Fleets

Photo of Donald Trump via Gage Skidmore/Wikimedia.

President Donald Trump's executive order imposing tariffs on foreign steel and aluminum may translate to higher prices to commercial fleets for vehicles and truck or van equipment, fleet management company experts said.

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Rising Parts Costs Drive Vehicle Thefts

Research from the National Insurance Crime Bureau (NICB) shows that vehicle parts can bring in...

Thefts of vehicles in the U.S. rose again last year by more than 4%, according to preliminary 2017 crime data from the FBI. Many of the vehicles that are recovered are missing wheels and rims or other key parts.

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Commercial Fleet Sales Increase 4.5% in February

Photo of 2017-MY pickups courtesy of manufacturers.

Sales of vehicles to commercial fleets from eight manufactures increased 4.2% to 60,149 in February as total car sales outpaced truck sales with a 10.9% increase to 10,191, while sales of trucks, vans, and SUVs increased 3% to 49,958 units when compared to a year ago.

Australia

George Loukas

China

Brian Luo

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Australian SG Fleet Group Posts 18% Yearly Profit

Australian fleet-services firm SG Fleet Group recorded a net profit of $31.6 million for the 2017-18 financial year, continuing the company’s doubled-digit profit growth every six months since listing on the Australian stock exchange in 2015.

News

Sofico Launches German Subsidiary Company

Sofico has established new subsidiary Sofico Services Germany GmbH to better serve its customers in the country with its services in auto financing, leasing, and fleet software.

News

German Cities Can Ban Diesel Vehicles

Photo of roadway in Stuggart courtesy of Jochen Teufel via Wikimedia Commons.

The Federal Administrative Court in Leipzig, Germany, said Stuttgart and Düsseldorf could ban older, more pollutant diesel cars in a ruling that would allow the cities authority to implement limited bans that would prevent some cars from driving into the city center.

Photo

Volvo's XC40 Fleet DriveLab Event

The XC40 is available with a 150 hp D4 diesel and a 190 hp T5 gasoline four-cylinder Drive-E...

The XC40 Fleet DriveLab in Madrid, Spain was a seven-week event that showcased Volvo’s all-new compact SUV to multiple waves of dealers, fleet managers, and fleet management companies operating in the European, Middle East, and African (EMEA) markets. Click here for the full story. Photos by Mike Antich.

Article

2018 XC40 Launches Volvo’s Small Vehicle Strategy

Photo courtesy of Mike Antich.

The XC40 is Volvo’s first small SUV. It is built on a new modular frame that will underpin all future 40 Series models, including fully electric vehicles. The XC40 offers three powertrains, including a three-cylinder engine, a first for Volvo Cars.