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A fleet vehicle figured prominently in a 1913 advertisement for the Alkire-Naylor Cigar Co. of Salt Lake City, Utah.
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In 1939, Wheels became the first automobile leasing and management company in the U.S. when it leased 75 vehicles to a pharmaceutical company. The company now counts nearly 300,000 vehicles on the road in North America, and more than 1 million vehicles in 41 countries around the world.
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ARI has marked 65 years in the fleet management industry. The company, which was founded in 1948 by Steward Holman, has become a global fleet management and services provider.
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Twenty-eight qualified candidates are vying for one of five spots in this year’s Fleet Hall of Fame award.
Read More →Significant dates in the history of fleet management, which ushered the start of profound change in the industry, include: Oct. 16, 1973 - The first OPEC oil embargo, which completely altered the types of vehicles driven by fleets and August 12, 1981 - IBM’s launch of its first desktop computer, which expanded computerization beyond the IT department to the desktop of every fleet manager. In future years, a new milestone date will be recognized - June 29, 2007.
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Automotive Fleet chronicles the acquisitions and mergers of the major fleet leasing and management companies over the years.
Read More →The old cliché of “the more things change, the more they remain the same” doesn’t fit anymore. The birth was of ingenuity and necessity. Today, it’s efficiency, economics, and increasingly high-tech.
Read More →Fleet vehicles have always needed to get quickly from “point A” to “point B,” and a handful of pioneers made some significant changes to how it was all handled.
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In the late 1960s, Don Fenton helped Long Chevrolet build its dealer fleet business. Just a decade later, the dealership was selling 20,000 Chevrolets through the fleet department — and outselling the retail business by 100 percent. Many of today’s industry pros got their start at Long Chevrolet.
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Open-end (or finance) leasing was developed in 1951. Fleets wanted to lease units with off-balance sheet reporting. In 1981, the landmark Swift Dodge vs. IRS court decision legitimized the use of open-end TRAC leases.
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