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Volkswagen led the way with 10 vehicle honors in the third annual Vincentric Best Value in Canada awards announced Oct. 1. Other individual automaker winners included Toyota, Audi, and Chevrolet.
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A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.
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Compact pickups and compact SUVs retained the most value in remarketing sales during November, according to a Black Book report released Monday.
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Truck, van, and utility vehicle segments are showing better retention values than cars, but will they hold through 2013?
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The results of recently completed survey by Experteye paint a dreary picture for the residual market values across Europe. According to the report, forecast residual values continue to fall across Europe with Portugal seeing the most dramatic drop.
Read More →Ed Peper, newly named general manager for GM Fleet & Commercial Operations, will focus on growing sales to commercial fleets and municipalities, while managing rental car volume to keep residual values high.
Read More →IRVINE, CA - Kelley Blue Book stated that although values of compacts only increased 0.4% for most of February, during the last week of that month their values jumped 1.3%.
Read More →WALTHAM, MA – Due to a strong residual market in 2011, Thermofisher’s Global Sr. Category Leader for Fleet & Indirect Services, Rick Odell, C.P.M., told Automotive Fleet that his group was able to short-cycle 350 leases in 2011, generating a 10- to 20-percent premium over the expected residual values.
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Fleet managers choose vehicle color options for a variety of practical, economical, and psychological reasons. Choices should be made with an eye to the future and the consumers who ultimately buy out-of-service fleet vehicles.
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The cost to design and build vehicles to meet the higher 2017-2021 fuelefficiency standards will average an additional $2,000 to $6,000 per vehicle. Proponents of the higher CAFE standards argue the higher acquisition costs will be offset by much greater fuel savings. However, is there a diminishing return on cost savings as fuel efficiency increases? Kelley Blue Book thinks so.
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