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This wave of off-lease vehicles is expected to be one of the biggest threats that the new-vehicle industry will face this year and the next. And, it won’t just be the sheer volume of relatively new, low-mileage vehicles that will pose a risk to the new-industry; it’ll be the types of off-lease vehicles returning to market that will present the biggest hurdle.
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Fleet registrations in Norway reported from January 2018 to September 2018 were only 400 assets short of what was reported from the same period of time last year, despite the total market showing a 4.2% decline.
Read More →Nearly three in five (58%) of those planning to spend their 2019 tax refunds intend to put them toward a car purchase, the survey found.
Read More →Electrify America is offering Level 2 electric vehicle home chargers for $499 for its customers, which can be purchased on Amazon.
Read More →McClintock sees stable fleet market, has confidence in new intermediates.
Read More →The outlook for the used-vehicle market is strong; however, remarketing experts caution that wholesale prices will remain flat because manufacturers will be forced to restrain prices and provide incentives to sell new vehicles.
Read More →Most fleets using telematics cite increased productivity as a top benefit. Find out how to capitalize on at least seven major areas of operations.
Read More →GE Capital purchased McCullagh Leasing from the Bank of New England to expand into the regional, small to mid-sized fleet market. GE Capital's strategy is to maintain McCullagh's U.S. operation as a separate entity.
Read More →One of your top job priorities as a fleet manager is to obtain the highest resale price for each company vehicle you take out of service.
Read More →In Tuesday’s blog, I likened predicting the future to a billiard game to illustrate that seemingly unrelated events can influence the future direction of the fleet market – events we may never see coming. With this in mind, let’s rack up our hypothetical balls, placing the “fleet ball” in the center of the rack. Let’s whack the cue ball to see what new fleet scenario may unfold from this catalyst. In this new analogy, the cue ball catalyst is a relatively recent concept called hyperconnectivity.
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