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The Megacity Vehicle, a zero-emission urban car, is currently being developed as part of project i and will be available from 2013 under a sub-brand of BMW.
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Land access restrictions, seasonality, a smaller market for de-fleeting and liability issues all play a role in differentiating recreational rentals from auto rental.
Read More →Fleets saw notable Q1 price jumps in brake inspections, conventional oil changes, and inspections.
Read More →There is little doubt that the folks out there with 5,000-10,000 vehicles have a good handle on how much they should be paying; for everything from bucket trucks to sedan floor mats. But some of our recent survey data shows that vast hordes of the fleet market are paying close to retail rates for a lot of products and services.
Read More →The troubled economy and depressed wholesale market are making it doubly tough for fleets looking to go green. But there are ways of coping with both.
Read More →Just as '69 was drawing to a close, Commercial Credit Industrial Corp. sponsored their annual fleet leasing conference in an effort to anticipate the problems of the rapidly expanding leasing market of the upcoming New Year and the years ahead.
Read More →Repercussions of California's odometer legislation are being felt throughout the country. Because of this law, and all that the law portends, the automotive industry may be forced to change its long-standing approach in used car selling.
Read More →The ongoing tight supply of used vehicles has kept resale values strong and reduced fleet depreciation rates. This is expected to continue through CY-2013. A return to traditional resale values isn’t expected until CY-2014.
Read More →Unable to agree on the purchase price, Chicago Carriage Cab Co. broke off talks on November 30 to buy Yellow Cab Management Inc., operator of Chicago's biggest taxi fleet, according to Crain's Chicago Business. The market value of Yellow Cab Management is estimate at $24 million to $26 million.
Read More →RASTATT, GERMANY — DaimlerChrysler sees a huge potential market for diesel-powered cars in the United States. Thomas Weber, the group's head of research and technology and development head for Mercedes Car Group, said diesel motors' performance, durability, and fuel efficiency could win converts from gasoline engines, especially once low-sulphur diesel fuel becomes widely available in the United States as of next year.
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