MENU
SEARCHMENUSEARCH
DETROIT – By idling plants, Chrysler and other automakers can cut costs on inventory, components, and related charges such as utilities for operating large production facilities.
Read More →Chrysler 200C EV capable of driving up to 40 miles on battery-only power.
Read More →DETROIT --- Chrysler is showcasing its 200C EV concept car -- a rear-drive, four-seat sedan capable of 0-60 mph in 7 seconds flat -- at the North American International Auto Show.
Read More →DETROIT --- Chrysler is showcasing its 200C EV concept car -- a rear-drive, four-seat sedan capable of 0-60 mph in 7 seconds flat -- at the North American International Auto Show.
Read More →The dramatic decrease in sales has prompted automakers to make significant adjustments to production schedules. A number of fleets are affected by the unanticipated, longer-than-normal, plant shutdowns. These fleet managers expect order-and-delivery (OTD) times to increase in 2009 due to revised production schedules. These fleet managers say the extended plant shutdown schedules, for all intents and purposes, shortens the 2009 model-year, which early-order cut-off dates will only aggravate.
Read More →WASHINGTON – In an early morning televised announcement, President Bush announced a plan to offer the struggling automakers $17.4 billion in short-term financing, $13.4 immediately available and another $4 billion likely available in February. But the plan comes with strict conditions.
Read More →The Associated Press reported late Thursday night that bipartisan negotiations in Senate on a Republican version of the House-passed automotive industry bailout plan fell apart after the United Auto Workers balked at demands for dramatic wage cuts.
Read More →GM, Ford, and Chrysler will testify Dec. 5 before the House Financial Services Committee in an effort to secure a $25 billion emergency bridge loan. It is imperative that this emergency funding be approved. Failure to do so will have negative repercussions to the fleet management industry. Here's why.
Read More →PRINCETON, NJ – Both the NAFA Fleet Management Association and the Automotive Fleet & Leasing Association have sent formal letters to the U.S. Congress to provide financial assistance to General Motors, Ford, and Chrysler.
Read More →ST. PAUL, MN – The Automotive Fleet & Leasing Association sent a formal letter to the U.S. Congress urging immediate assistance for the well-being of the commercial fleet management industry and the greater well-being of the U.S. economy.
Read More →