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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.
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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.
Read More →As John F. Kennedy once said, “History is a relentless master. It has no present, only the past rushing into the future. To try to hold fast is to be swept aside.”
Read More →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.
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.
Read More →Just as vehicles have changed over the decades, so have the selector forms fleet managers have used. Vehicle specifications have gone through significant changes, having been impacted by the economy, products and programs offered by manufacturers, operational requirements of the vehicles themselves, and the emergence of the import vehicle.
Read More →Although fleet managers of 40 years ago wouldn’t be able to tell an iPod from an iPad, there is much today’s fleet managers can learn from their predecessors.
Read More →WARREN, MI - On Jan. 21 Daniel “Frank” Sauceman passed away at age 83. He started in the fleet business with Chevrolet on Jan. 16, 1967.
Read More →Ed Bobit is, and has always been, the driving force behind Bobit Business Media and this magazine.
Read More →These 50 individuals, many of whom have been inducted into the Fleet Hall of Fame, have significantly contributed to shaping the history of the fleet industry.
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