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HERNDON, VA - Audi today announced sales for the month of March totaling 6,433 units sold. Audi's share of U.S. import luxury vehicle sales increased a strong 1.3 percentage points to 7.77 percent in March.
Read More →The jaw-dropping events of the past six months have made an indelible impression on many fleet managers. The very real possibility that two of the Detroit 3 could quickly (and unexpectedly) enter into Chapter 11 bankruptcy protection, along with some fleet management companies not accepting new-vehicle orders, has caused some corporations (especially those sole sourcing) to reassess sourcing strategies.
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Wholesale auction prices have begun to stabilize, though the recent financial crisis could throw a monkey wrench into gains.
Read More →When fuel prices crossed the $3.25 per gallon threshold, fleets began looking for ways to downsize vehicles or opt to four-cylinder engines.This trend is reinforced by corporate sustainability initiatives and/or fuel spend/GHG reduction programs. The shift to four-cylinder engines is broad-based and includes many of the nation’s largest fleets. One consequence to this increased demand for four-cylinder models is that fleets have increased their purchases of import-badged vehicles.
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WESTLAKE, CA – New-vehicle retail sales reflect the shift to smaller, less-expensive vehicles and the price decline for larger vehicles as they lose favor with consumers, according to www.powerinfonet.com.
Read More →Today's new-vehicle market will generate (ultimately) the used-vehicle market of tomorrow. If there is a decrease in new-vehicle sales, there will be a corresponding decrease in the future number of used vehicles in the marketplace. Even though there is a lot of nervousness in the market, no one is anticipating a dramatic decrease in new-vehicle commercial fleet orders for the 2009 model-year. However, the same cannot be said for the retail new-vehicle market.
Read More →Top stories include a new gas turbine car from Chrysler and expansion plans at Leaseway Transportation
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