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Remarketing•by Staff•December 12, 2022

Carvana’s Stock and Bonds Languish Amid Bankruptcy Quivers

The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.

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Global Fleet•by Cindy Brauer•December 12, 2022

Associations Want More Ambitious Goals for Europe’s Hydrogen Infrastructure

In a letter to EU member states, Hydrogen Europe and the European Automobile Manufacturers’ Association voiced concerns over minimal goals for hydrogen fuel and electricity infrastructure.

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Remarketing•from News/Media Release•December 12, 2022

New Vehicle Prices Hit Record High for Nov. 2022

The luxury vehicle share sold increased to above 18% of total sales, lifting overall industry ATP, while non-luxury vehicle buyers on average paid more than $500 above sticker price.

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Global Fleet•by Cindy Brauer•December 12, 2022

New Australian Tax Law Boosts Interest in Novated Leases

Changes to Australia’s tax laws exempting EVs from the fringe benefits tax most likely will mean a boom for the novated leasing industry and increased employee interest in salary sacrifice arrangements involving EVs.

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Safety•from News/Media Release•December 12, 2022

15 Automakers Now Meet Pledge to Install AEB on New Vehicles

Mitsubishi, Nissan/Infiniti, and Stellantis join 12 other automakers who have all met the voluntary commitment to equip 95% of their light-duty cars and trucks with crash avoidance technology by the production year that began on Sept. 1, 2022.

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Global Fleet•by Cindy Brauer•December 12, 2022

AfMA Calls Government’s New EV Tax Bill ‘Unconscionable’

The Australasian Fleet Management Association announced strong opposition to a new federal tax measure, the Electric Car Discount bill, citing the extra financial burden it placed on employees who drive company electric vehicles.

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Safety•from News/Media Release•December 9, 2022

Ford Recalls 2017-18 Super Duty Vehicles

Ford Motor Company is recalling an estimated 18,808 F-Super Duty F-250, F-350, and F-450 4x4 vehicles due to a driveshaft issue.

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Safety•from News/Media Release•December 9, 2022

Risky Driving Behaviors Continue to Rise in the U.S.

New research from the AAA Foundation explores drivers’ attitudes and behaviors concerning distracted, aggressive, impaired, and drowsy driving. The overall picture is troubling.

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Global Fleet•by Ralph Morton•December 9, 2022

New CEO Named for Porsche Cars Great Britain

Krishan Bodhani joins from Mercedes-Benz as the new CEO of Porsche Cars Great Britain, effective February 2023.

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Fleet Forward•by Staff•December 9, 2022

Fleet Forward Kicks Off 2023 Tour in Phoenix

In 2023, Fleet Forward: The Tour will return to Atlanta, Chicago, and Dallas, with new stops in Phoenix and the New York metro.

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